No more are the days of mid 50's and 60's when a household could live on a single pay.
At present the inflation and economic factors are such that survival on two incomes has turned out to be hand to mouth.
Going by this trend we can very well figure out what the future holds for us.
Two earnings certainly will not be adequate.
It's paramount to plan for the worst and expect the best instead of vice versa.
Its paramount then to have multiple earnings flows into your finances than to suffer an insecure tomorrow.
The perception and significance of additional income becomes all the more apparent.
People who have been well-to-do have always known and taken care of this.
If one pay dries up, one can continuously fall back upon the other streams of returns, and if all go well you can simply get richer, no hurt in that.
Ordinary and regular living individuals have constantly been in a dilemma regarding this.
Loss of one pay really affects them adversely and it would take years of demanding work prior to any normalcy returns.
Not to talk about, the rippling effects of monetary distress that could cause a lot of heartburn and unnecessary emotional conflict.
Having diverse sources of earnings or extra income gives you a backup to fall back upon.
If one source closes, you must not feel the difference.
One should have an adequate amount of time to reorganize and regroup, that's it, and you are back on the happiness highway, safe and sound.
The significance of extra income and extra sources of incomes is not lost on anyone today, therefore the want and rush.
Extra Income can be of two kinds - Linear and Residual.
Linear income is the extra returns you earn on an hourly, every day, weekly or monthly basis.
There is no more future obligation attached to it from your end or form the receiver's end.
Residual income is an extra earnings where you work hard once and enjoy the fruits of it all for many years in the future.
The reward for the same commitment paid over and over again.
In regular course of a career, an individual earns a linear pay packet through a job or a profession.
You are earning only for the time you can afford on work on a daily basis.
Some earn a higher linear income.
Most smart people try to turn to residual incomes from their linear incomes through extra pay paths to have a secure retirement and tomorrow.
Starting with one residual added income effort a year would be a nice plan.
Internet gives a lot of options in the added income path.
One has to be wise in choosing the real one from them by recognizing the propaganda form the straight talking ones.
Almost all these programmes have residual returns components in them.
Decide on one and give it all you can, when you can earn the residual from it, time to start off with the next one.
All the best.
At present the inflation and economic factors are such that survival on two incomes has turned out to be hand to mouth.
Going by this trend we can very well figure out what the future holds for us.
Two earnings certainly will not be adequate.
It's paramount to plan for the worst and expect the best instead of vice versa.
Its paramount then to have multiple earnings flows into your finances than to suffer an insecure tomorrow.
The perception and significance of additional income becomes all the more apparent.
People who have been well-to-do have always known and taken care of this.
If one pay dries up, one can continuously fall back upon the other streams of returns, and if all go well you can simply get richer, no hurt in that.
Ordinary and regular living individuals have constantly been in a dilemma regarding this.
Loss of one pay really affects them adversely and it would take years of demanding work prior to any normalcy returns.
Not to talk about, the rippling effects of monetary distress that could cause a lot of heartburn and unnecessary emotional conflict.
Having diverse sources of earnings or extra income gives you a backup to fall back upon.
If one source closes, you must not feel the difference.
One should have an adequate amount of time to reorganize and regroup, that's it, and you are back on the happiness highway, safe and sound.
The significance of extra income and extra sources of incomes is not lost on anyone today, therefore the want and rush.
Extra Income can be of two kinds - Linear and Residual.
Linear income is the extra returns you earn on an hourly, every day, weekly or monthly basis.
There is no more future obligation attached to it from your end or form the receiver's end.
Residual income is an extra earnings where you work hard once and enjoy the fruits of it all for many years in the future.
The reward for the same commitment paid over and over again.
In regular course of a career, an individual earns a linear pay packet through a job or a profession.
You are earning only for the time you can afford on work on a daily basis.
Some earn a higher linear income.
Most smart people try to turn to residual incomes from their linear incomes through extra pay paths to have a secure retirement and tomorrow.
Starting with one residual added income effort a year would be a nice plan.
Internet gives a lot of options in the added income path.
One has to be wise in choosing the real one from them by recognizing the propaganda form the straight talking ones.
Almost all these programmes have residual returns components in them.
Decide on one and give it all you can, when you can earn the residual from it, time to start off with the next one.
All the best.
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