We always hear financial experts advising us to diversify our investments to minimize risk. “Don’t put all your eggs in one basket,” they say.
But how come no one ever talks about diversifying your income? Think about it. If all of your income comes from just one source, what would you do if that source suddenly dries up?
Developing multiple sources of income is one of the best ways protect yourself from job loss. In today’s economy in particular, we should all be looking for new ways to expand our income and protect ourselves from the worst case scenario.
Latest posts by Mike Collins (see all)
- Why Is It Called Black Friday? - November 24, 2015
- Alternatives to Payday Loans - November 18, 2015
- Last Minute Halloween Treat Ideas for People Who Forgot to Buy Candy - October 30, 2015