How to have many sources of income – not just your salary
Every Tom, Dick and Siyabonga say you should create multiples streams of income.
How do you do it?
Is it worth the effort?
We buy stuff we don’t need to impress people we don’t know – by Mduduzi Luthuli (Luthuli Capital)
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.
The Money Show’s Bruce Whitfield interviews Basil Sgourdos, CFO at Naspers.Read More
The Money Show’s Bruce Whitfield interviews Leon Lourens, CEO at Pepkor Holdings.Read More
The Money Show’s Bruce Whitfield interviews Dr Richard Friedland, CEO at Netcare.Read More
Personal finance advisor Warren Ingram on ensuring you don’t run out of money before you run out of life.Read More
Investors on the JSE are clamouring for Aspen shares. The Money Show’s Bruce Whitfield interviews its CEO, Stephen Saad.Read More
What is "social signalling?" Gushwell Brooks interviews Mduduzi Luthuli, a cofounder at Luthuli Capital.Read More
"What the IRR is doing is not in the best interest of the savers of SA," Wierzycka told The Money Show's Bruce Whitfield.Read More
Veteran stockbroker David Shapiro schools The Money Show’s Bruce Whitfield on investing post-Covid and into the next few years.Read More
Bruce Cameron discusses with Bruce Whitfield his new book on securing your retirement, despite corruption and the smashed economy.Read More
There’ll be many opportunities for frontier investors in the coming years, says Absa's Somaya Joshua.Read More