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Robert Allen’s suggestion, as implied by the title of his book, Multiple Streams of Income, almost seems like a pipe-dream to anyone who is working hard to make ends meet.
Of course it would be great to have more than one income source if you’re working hard to make ends meet, let alone aspiring to become wealthy.
Today, however, the reality is that many families count on multiple income sources just to get by and be comfortable. It is possible!
America is an expensive place to live, and daily life is getting more expensive every year. Multiple Streams of Income, is a highly useful and information book packed with inspiring ideas on how to find new ways of making money.
The 9-to-5 job just isn’t enough anymore.
Your 401(k) plan isn’t enough. Winning the lottery might be enough ... but the odds are way against you there, so don’t waste your time, or your hard-earned money.
Allen uses his enthusiasm (It practically leaps off the page!) to encourage readers to actively seek new income sources, above and beyond the daily jobs they already have.
Allen's book, Multiple Streams of Income, suggests a variety of creative solutions. The basic idea of the book is to identify ways of getting paid repeatedly for doing one piece of work, one time.
In its simplest form, Multiple Streams of Income may mean writing a song or a book and collecting royalties off it for years thereafter. But it can also mean multi-level marketing, where you get paid for sales made by others that you recruit – even though someone else makes the sale, you get paid regardless.
Sound investments can also pay off in a very big way, earning you money over and over again, just for doing some sound research upfront.
Allen also talks about real estate, which is one of the best ways to invest and turn a profit. Many people are intimidated by the real estate market, but Allen’s advice is reasonable and easy to understand, even for a beginner.
His tips on finding motivated buyers, getting financing, and taking advantage of low-price foreclosures and tax liens are fantastic. You’ll become inspired to want to get out and start buying real estate right away – but be careful, you don’t want to amass a ton of debt in the process!
Allen backs it all up with some basic, solid financial advice: Live within your means. Control your spending. Save more. It’s all common sense, but it’s helpful to hear how so many other regular people are able to succeed and get ahead in life, simply by taking action.
Multiple Streams of Income - also has plenty of checklists, testimonials, and work sheets - so that you can keep track of your plans and goals.
If you want to have more money, this is a great resource for showing you how to achieve greater wealth.
Allen knows what he’s talking about: He’s made a fortune doing exactly what he describes.
Listen to someone who knows; who’s been there and done it already.
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