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How to have many sources of income – not just your salary

22 October 2020 2:57 PM
Tags:
Forbes
Wages
Income
Personal finance
Aubrey Masango
income from investments
Buy to let
buy-to-let
salary
Mduduzi Luthuli
Luthuli Capital
side hustle
income streams
investment income
rental income
Robert Farrington

From side hustles to investment income; Mduduzi Luthuli (Luthuli Capital) on creating multiple streams of income.

Every Tom, Dick and Siyabonga say you should create multiples streams of income.

  • How do you do it?

  • Is it worth the effort?

© artursz/123rf.com

Related articles:


Dollar millionaires have, on average, seven different income streams, according to Forbes magazine’s personal finance writer, Robert Farrington.

Common income streams may include your primary salary, a secondary salary, a partner’s salary, investment income, rental income, a “hobby business” or side hustle.

Aubrey Masango asked Mduduzi Luthuli (cofounder of Luthuli Capital) to elaborate.

Listen to the interview in the audio below.


This article first appeared on CapeTalk : How to have many sources of income – not just your salary


22 October 2020 2:57 PM
Tags:
Forbes
Wages
Income
Personal finance
Aubrey Masango
income from investments
Buy to let
buy-to-let
salary
Mduduzi Luthuli
Luthuli Capital
side hustle
income streams
investment income
rental income
Robert Farrington

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