Robert Allen Multiple Streams Of Income

Indonesia
February 13, 2009 6:20pm CST
Just came across to see of the best books about creating financial independency, one of which is the best selling Robert Allen Multiple Streams Of Income, in this book he explains mainly on 4 types of techniques/strategies to build a profitable additional income in your life. There's no argue that these days, we cannot just rely on 1 source of income but we need to diversify it in so many ways that we can have more than 1 source of income to support our daily expenses. You could read more about Robert Allen Multiple Streams Of Income here. http://robertallen.notlong.com Cheers, Sammy
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1 response
@Raven1 (577)
• Australia
28 Apr 09
developing and building multiple streams of income is not a new concept. In the business world it's called "broadening your debtor base". Robert Allen used this basic business principle and converted it to suit regular people with regular households. Consider this: If you have one job, then you have one stream of income. If you lose that job then you lose your income. So by creating two or three streams of income to come into the house then if you lose one of those incomes at least you won't go broke because you have other money still coming in.