Develop Multiple Income Streams
For some of our readers, the thought of multiple income streams is a headache on its own- but if COVID-19 taught us anything, it’s that it’s always best to be prepared. So consider your job and wages right now and then think of how much you’re setting aside (and for what purpose, usually retirement).
Are you on track with your savings? If not, when do you think you can actually retire comfortably? What if you lose your job? You’ll need a backup plan.
That’s why multiple sources of income are a must for so many Americans. From driving for Uber on the weekends to selling goods on Etsy. Having that additional stream can open up new possibilities in your budget while also allowing you to save much faster. Either big or small, if you have time for them, they’ll be well worth it.
