Multiple Streams Of Income

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You probably haven't really experienced bankruptcy or know what it feels like if you are among those that have different flows of income. Yeah, when your money isn't in a one-direction flowchart then tell me how much this would really affect you? Though it could bother you a little but then you would never run out of cash because of your different sources of income and how well they are being channeled for your livelihood and other financial matters.
But you see people with only one source of income tend to suffer the most and a lot. When once their source becomes shaky, sooner or later it may likely crash, and then they run at losses thereby experiencing bankruptcy.



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Look here!

How much this dip affects us is in how many sources of income we have. What is our income flowchart like? Is it one direction? Or does it have many branches? Do we only depend on one thing to survive or as a means of livelihood? How would it feel if we woke up one day and our portfolio is nothing to write home about as it just seems in the last few days for some people? What would be our reaction? Back to rock bottom right? Sad but true and this is what it is like for one having only one focus financially.
But with someone whose financial status isn't only determined by one source of his income, it wouldn't be the same.
This is to tell you that even with such a dip in the cryptoverse, others or many more out there are still buying. Yes, they are buying the dip.
And that couldn't have possibly happened if they didn't have somewhere else they were farming from or harvesting from to put it in much clearer terms. It is only possible with people whose financial drive is in different directions.



Do some adding up...

No matter how small it seems or they are, they will certainly save your butt on a rainy day.
Just like your rain boots, no matter how ugly they seem or look, it saves your feet from the mud when it gets wet and sticky right.
The same goes for your different stream or line of income. No matter how small and insignificant they may actually seem to you, you never can tell how long it can go to help you or save you on a rainy day, and by rainy day I mean days when it seems all hope for your main source of income is gone and everything seems to have crumbled or crashed.
Those little dots and figures you grew somewhere else could add up to something tangible for you. But sad if you have none and run into bankruptcy. And starting all over again from square one.




More Than One

As much as you can, get yourself more than one source of income or channel your resources to more than just one field. You can't always trust or depend on one flowchart or direction. One might decide to fail you one day and the rest can remain while you try building up the fallen one but if you only had that one then it would be difficult to pull yourself through the storm and get back on your feet easily.
Don't run into bankruptcy because of the mistakes you choose to make or the thing you decided to avoid and overlook.
Have different streams and flows of income and stabilize your financial pursuit.

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I am Waky, multi-talented, and an optimist. I am zealous about life and all it has to either offer me or throw at me. I believe my existence is by grace so I am a product of grace, perfectly portraying my birth name "Abundant Grace". I am the last of my kind because I am unique and special in a dynamic way. HIVE has become my social HOME and SPACE.

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To my faithful readers and wonderful sponsors, my heart goes out to you guys. Thank you for making my journey here a fun-filled and exciting one. Thanks for trusting and supporting my work too. I pray that God blesses you all real good :)

               11 May 2022
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               Wednesday

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9 comments
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It just felt like you were talking to @merit.ahama directly 🙈 I get your point babe, stop screaming in my ears 😂 this is an eye opener and I'm glad to have read from you today.

Having more than one source of income seem lame to some actually, they feel they won't be able to put focus to all of them so they just try to stay focused on one and go mad when the worse happen... Too bad.

Well, I've been trying to be involved in some sources of income even though some are lacking my attention and some are giving me aches... I still feel they are worth it like you said, I never know when I may need them 😊

Thanks for sharing this girl 💪

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It is always nice to have other income streams, every little bit adds up and makes you free from the bad jobs.

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