There are a lot of personal finance books that I find a chore to read, but Multiple Streams of Income: How to Generate a Lifetime of Unlimited Wealth! by Robert G. Allen isn’t one of them. To begin with, it’s focused on my favorite subject – how to make more money. It also covers my second favorite subject, making sure you’re bottom is covered if you get fired or an income stream stops.
The book opens with a fair bit of money psychology – asking the readers to consider their own views on money and a basic intro to the power of compound interest. In other word’s, get it together as soon as possible, folks! Once you see where you are and where you’re going, Allen points out the various places people are usually “leaking” cash. After plugging those leaks, we look at the three “mountains” of income: real estate, investment and marketing.
I actually really like his entrepreneurial call throughout the marketing segment of the book. I feel like you’ll find lots of books with basic advice on the stock market and real estate investing and few that emphasize the importance of marketing. I also feel like few books are as easy to get through as Multiple Streams of Income. So if you’re ready to take your personal finance knowledge to the next step past frugality, this is an excellent primer.
Check out my giveaway and enter to win a copy yourself. The contest ends on 2/28 at midnight!
The only side hustle income I’ve earned as of yet has been selling on craigslist and garage sales but i’m getting ready to try out betterment and looking for some gigs on fiverr 🙂
Heather@20 Something Syndrome recently posted…My Weekly Fitness Routine
I need to check this book out, I see my local library has a copy.
Brian@ Debt Discipline recently posted…Murphy
Sounds like a great book! I love multiple streams of income. It makes me feel much more secure.
Dear Debt recently posted…I’ll be fine without you, but you are still here
I have not heard about the book, but would love to check it out. I definitely agree though that when you find more than one way to bring in income, it relieves the stress when you have changes that occur that are out of your control (like a job loss, etc).
Shannon @ Financially Blonde recently posted…Beware of Financial Dorian Grays
Sounds really interesting. I can’t enter the comp, but will check the book out. Thanks!
Kylie Ofiu recently posted…8 tips for success – Peter Irvine Co-Founder of Gloria Jean’s
I’m like you, I often find reading books on finance and wealth can be a bit of a chore, but when I find one I really like, I can’t put it down!
I’ll try to see if I can download it!
Mr Ikonz @ Project Ikonz recently posted…Saving money buying no-name brands – $209 Thermoblend