Changes

'''Multiple streams of income''' is an [[economic]] concept that is applied to either [[business]] or personal use whereby the person or business entity seeks multiple sources for [[income]] that have some level of separateness so that in the event that one stream "dries up", the other sources will continue and prevent a catastrophic situation from occurring.

'''Multiple streams of income''' is an [[economic]] concept that is applied to either [[business]] or personal use whereby the person or business entity seeks multiple sources for [[income]] that have some level of separateness so that in the event that one stream "dries up", the other sources will continue and prevent a catastrophic situation from occurring.

== Passive income and personal income ==

== Multiple streams of income and personal income ==

According to Entrepreneur Magazine, most millionaires have 3+ streams of income.<ref>[https://www.entrepreneur.com/leadership/grow-your-wealth-with-these-5-different-streams-of-income/429315 5 Streams of Income That Will Grow Your Wealth], Entrepreneur Magazine, 2022</ref>

According to Entrepreneur Magazine, most millionaires have 3+ streams of income.<ref>[https://www.entrepreneur.com/leadership/grow-your-wealth-with-these-5-different-streams-of-income/429315 5 Streams of Income That Will Grow Your Wealth], Entrepreneur Magazine, 2022</ref>