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The 5 Best Income Streams You Can Start ASAP:
1. Earned Income (9 - 5 job)
2. Capital Gains
3. Interest Income
4. Profits From A Side Hustle
5. Dividend Income
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1. Earned Income (9 - 5 job)
2. Capital Gains
3. Interest Income
4. Profits From A Side Hustle
5. Dividend Income
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1. Earned Income:
Working on a 9 - 5 job and being paid a monthly salary or commission is normally the income stream where everyone starts off and becomes your priority until any other project starts making more money.
Working on a 9 - 5 job and being paid a monthly salary or commission is normally the income stream where everyone starts off and becomes your priority until any other project starts making more money.
2. Capital Gains:
This is what happens when you sell an investment for a profit. The difference between what you bought a particular asset and what you sold it for is a capital gain. Examples can be stocks, real estate, pokemon cards, used phones, etc.
This is what happens when you sell an investment for a profit. The difference between what you bought a particular asset and what you sold it for is a capital gain. Examples can be stocks, real estate, pokemon cards, used phones, etc.
3. Interest Income:
This income stream happens when you keep your money in a high yield savings account or any bank account that offers you a small amount of interest.
This income stream happens when you keep your money in a high yield savings account or any bank account that offers you a small amount of interest.
4. Profits from a Side Hustle:
Your grind and hard work on particular projects that grow externally from your main job will get money into your pocket. It starts small and grows exponentially.
Your grind and hard work on particular projects that grow externally from your main job will get money into your pocket. It starts small and grows exponentially.
5. Dividend Income:
Probably one of the easiest ways to generate an income stream. Some companies offer monthly, annual, or quarterly "dividends" which is a portion of their profits that they give you because you own a stock or portion of the company.
Probably one of the easiest ways to generate an income stream. Some companies offer monthly, annual, or quarterly "dividends" which is a portion of their profits that they give you because you own a stock or portion of the company.
