Chain Of Wealth - Debt, Investing, Entrepreneurship, Wealth & More

The Power of the Side Hustle [3:10] Importance of Multiple Income Streams Most millionaires have a ton of income streams (average millionaire has 7 income streams) It’s not actually the high paying jobs are not the people that are millionaires Upkeep become much less once you have setup a side hustle The 5pm to 9pm (12am) is really how you get ahead [4:53] Start one hustle at a time Set stuff up slowly, it’s critical to start off slowly and build it up. Same concept of starting a diet- the one that works is the one you stick to. Pick one income streams and then start building up others FOCUS- follow one course until success [6:48] Build your emergency fund or vacation fund You’re not eating into your normal income or savings You need to have emergency money Always be able to pay your deductible Dave Ramsey problem recommends about 6 months of living expenses saved up An extra income stream can help you so much [9:34] Do something you’re passionate about so it’s fun Find stuff you enjoy that way you d