Reported 3 days ago
According to IRS data, millionaires often rely on seven distinct streams of income to build and maintain their wealth. These include earned income from salaries, dividend income from stocks, rental income from property, business profits, royalty income from intellectual properties, capital gains from selling assets, and interest income from lending. Diversifying income streams is crucial for financial stability, enabling individuals to reduce reliance on a single source, and potentially achieve greater financial freedom over time.
Source: YAHOO