The Millennial Money Woman
The Millennial Money Woman

@The_MMW

10 Tweets 5 reads Jun 30, 2023
Multiple income streams are no longer a luxury.
They are essential.
Here are 7 more reasons why you need multiple income streams ASAP:
1. Freedom
Building multiple income streams is like printing money every MONTH.
You get to:
- Take back control of your life
- Never worry about money again
- Spend time with the people you love
When you rely on JUST your 9-5, you lose your freedom.
2. Income Security
You can't rely on your 9-5:
- Firms go bankrupt
- You can be replaced by AI
- Corporate layoffs are common
When COVID hit, 22M jobs were cut... in TWO MONTHS.
It's time to protect your income.
And building multiple income streams will do just that.
3. Unlimited Income
In the past few decades, 9-5 employers have kept wage growth down and cut back on employee benefits.
A 3% annual raise won't keep up with 6%+ inflation.
Your 9-5 limits your income.
Multiple income streams give you UNLIMITED income.
4. Build Your Own Dream
In a 9-5, you're building someone else's dream.
And technology has blurred the lines between home & work.
Many 9-5's become 9-9's.
If you're going to spend so much time working, you might as well start building your OWN dream.
5. Higher Productivity
A 9-5 schedule might not work for everyone.
Maybe you're a:
- Night owl
- Morning bird
- Weekend worker
Everyone is different.
To increase your productivity, build a schedule that fits you.
And a side hustle income stream can be 100% tailored to you.
6. Personal Growth
Building multiple income streams can help you:
- Mentally
- Financially
- Personally
You can build new skills, meet new people, and learn about new topics.
The more skills you learn, the more value you add.
The more value you add, the more money you earn.
7. More Diverse Network
Building multiple streams of income means you will:
- Learn new skills
- Make new experiences
- Develop new connections
You'll be exposed to new opportunities, partnerships, and even new job offers.
Remember, your network is your net worth.
The harsh truth is that your 9-5 can replace you at any moment.
Start building something that YOU control.
Thanks for reading!
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