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Wealth Habits: Secrets To Building Multiple Streams Of Income (Chapter 6 Sneak Peek)

Wealth Habits: Secrets To Building Multiple Streams Of Income (Chapter 6 Sneak Peek)

FromThe Candy Valentino Show


Wealth Habits: Secrets To Building Multiple Streams Of Income (Chapter 6 Sneak Peek)

FromThe Candy Valentino Show

ratings:
Length:
28 minutes
Released:
Nov 14, 2022
Format:
Podcast episode

Description

Wealth Habits book launch is officially here! To celebrate, I’m giving you a sneak peek into Chapter 6 of my book: The Secrets to Building Multiple Streams of Income. This chapter is part of the third wealth habit, Earning Your Way to Wealth. I hear so often from people that they believe millionaires need to have seven streams of income, which actually isn’t true. Millionaires typically have four streams of income. This misinformation stems from incorrectly defining these different streams of income. So today, we’re reviewing the true definitions of income streams, plus some concrete examples of each.    I also address the commonly shared concern, “I don’t have enough money to start investing. How do I get started?” The truth is, you probably do have enough money, you just might be overspending. You’ll learn how to figure out if you actually are.   This is one of my favorite chapters in the book. If you love it too, please share this episode and leave a review!   IN THIS EPISODE, WE TALK ABOUT: How to properly define a stream of income. The differences between earned income, passive income and portfolio income. How to turn earned income into passive income. How to figure out if you're overspending. Leveraging exchange-traded funds to expand your income. The importance of mastering fewer investment strategies, versus many.   RESOURCES:  Buy your copy of my book Wealth Habits at wealthhabitsbook.com today! Upload your receipt to this website to receive amazing perks and prizes. Learn more from me and proven business experts by signing up for one of my many online courses.   CONNECT WITH CANDY Follow me: @candyvalentino Join Founders Organization  
Released:
Nov 14, 2022
Format:
Podcast episode

Titles in the series (100)

Stop spending and start investing. The definition of “wealth” is an abundance of valuable possessions or money. But it's time to think outside the dictionary as we break down all the ways you can increase your financial wealth -- your business, your bank account and your bottom line. Join host, Candy Valentino, every week to cover topics like business models, profit plans, wealth habits and real estate investing. Candy has been building businesses before she could legally order a drink. For more than two decades, she has built, scaled and exited businesses in service and retail all while creating financial freedom through real estate investing. Listen in on conversations with the most successful minds in the world, like Daymond John, Ed Mylett and Amy Lacey, alongside lessons directly from Candy leveraging her 25 years of knowledge and experience. Why focus on becoming rich, when the true goal is to become wealthy (and not just in your finances). It doesn't matter if you are a part of Generation X, Y or Z… It's time to join Generation WEALTH. Let's start investing. For more, follow Candy @candyvalentino.