7 Income Streams To Create Wealth like Millionaires (Part 1)

Are you planning to be a Millionaire? Be in that 1% bracket who owns 50% of World Wealth. 

This blog is for you and today's post will set you on your journey for wealth creation.  So, let's get started, to generate income streams one by one. Remember we need to generate all 7 of them. 

7 Income Streams To Create Wealth like Millionaires:

1. Active Income / Earned Income:

Active Income or Earned Income is the most popular income, which everyone is dying to earn (I mean literally). It's a primary source of income and we all try to increase it day by day by providing service to others, by exchanging our time in return for some payment. The problem with active income is a physical presence. Imagine, you gave a lecture and received Rs. 20,000 for it. Now, if you want to earn it again you need to reperform, again delivery a lecture and as you cannot be omnipresent, your return is unscalable. So, the only way to earn them is by increasing your skills and scaling your audience.

2. Income from Investment:  

Income from the investment is my personal favorite. If you are a Stressfree Investor, you work for active income and convert them into investment and if you scale it to international business, you can easily make money while you sleep. Let say, you invested in stocks or mutual funds or index so basically you are investing in companies where people work day and night to make money for you, while you are sleeping on your couch or doing what you love. Time for some party 😃

3. Dividend Income: 

My next favored income is Dividend Income. I have already discussed dividends in my previous post Go for Dividend Mutual Funds over Growth Mutual Funds. Dividend incomes are best because they fill the long gaps between two Your Salary is Credited to Your Account message 😄 I know they might not be frequent but, it all depends on your investment. Also, it is very important to understand the snowball effect in the case of dividend income. So earn nicely, spend wisely.


Now that we have learned three streams on income, now its time to generate them for ourselves. So now it's your time for design thinking and shares in comments below how you will generate them. Your ideas can help you and others too. Remember, Sharing is caring.

Stay in touch, next four streams in the upcoming post.
Till then, Enjoy the life of Stressfree Investor 😃

Keep Enjoying the Life of Stressfree Investor 😃

Enjoy the best value for your money.

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