Saving is a critical component of growing your wealth.
That being said, you can’t neglect earning, which is what the wealthiest, most successful people choose to focus on.
“The masses are so focused on clipping coupons and living frugally they miss major opportunities,” self-made millionaire Steve Siebold writes. “The wealthy also know saving is important. But they know earning money is even more important.”
Here, we’ve rounded up 11 strategies to increase your earnings, from the self-made millionaires who have already done it.
Develop multiple streams of income
In author Thomas C. Corley’s five-year study of self-made millionaires he found that many of them develop multiple streams of income: 65% had three streams, 45% had four streams, and 29% had five or more streams.continue reading »