Streams of Income

For the past two days I have been talking about streams. The first one was streaming service and today's own is streams of income. But before I begin I have a question to ask, how many streams of income do you have? You can take your time to answer that question. Just think deeply.

How many sources of income do you have is a question that a lot of people ask and that we also asks ourselves. This morning while I was going through my WhatsApp a particular person on my contact list was talking about having multiple streams of income and he also brought other people into the discussion. He posted their replies and opinions on his status. It was really mind boggling the way people think and see these types of issues. I will tell you briefly what transpired.

So the person is an advocate for learning skills and not relying completely on your degree because it can fail you when there is no job outside. He always says that people should have more than one source of income and should always have one or two side hustles with their jobs. He organizes skill acquisition classes for people at a subsidized fee. He has helped and touched a lot of lives through this programs.

He always says that people should learn money making skills especially at a young age. So a person entered his DM talking about how money isn't everything. He said that if you keep chasing money for the rest of your life, your life will lack meaning and purpose. He said some people actually want to become what they study in the University and if they get a lot of money they can get distracted or lose motivation completely. He said that money can help but can also be a big distraction. In his opinion people should focus on their studies and when they graduate they can go and learn whatever skills they want to. To him hunger gives motivation.

This didn't go down well with a lot of people who saw his write up. They said that learning a skill is very important especially because of the times we currently are in. People are no longer being hired based on what's in their certificate alone. Any extra skill they have goes a long way in determining if they get a job or not.

Most people said that it is good to have a side hustle because if anything happens to your job or something happens to the people you depend on, you could be in big trouble. It's a normal thing to lose your job or not get any money from home again when things are dry the thing is that if these things happen will you cope. It's easy for one to say yes but are you doing anything to make sure nothing like that happens.

No one likes being broke. It is a depressing feeling but for anyone to avoid this they must have multiple streams of income. You can't just rely on one source of income alone. It is dangerous. What if something happens to you or you get fired from your job or you are not paid your salary on time, how will you and maybe your family survive. We need to think of the future always as we may not know what it has in store for us.

Having multiple streams of income has never failed anyone or will fail anyone. We all need to work harder to see the future that we dream of. It will not happen overnight or at an instant but we will surely get there with hardwork and dedication.

Keep working hard so that you can at least retire early.