In order to live comfortably and avoid the stress that comes with paying bills and the like, you will need to have money. The bible puts it this way, money answers all things and I completely concur. Successful and confident people in life are in control of their income and have the ability to direct their financial future.
Most people think that you have to earn a lot of money in order to become wealthy but I tend to differ. There are two sources of income which you can opt for and either of them can determine your financial destiny depending on how you manage your revenue. The two options are employment for those who want to play it safe and business for those who love taking risks.
Employment is a sure option of generating a stable and permanent income because you are assured of a monthly salary. Since you are guaranteed of an income every end of the month you can easily budget and save. However, there are some limitations that come with getting a monthly wage, one being that your employer determines your salary thus your financial growth in not in your hands.
The other major issue when it comes to employment is that your employer holds your job security. Take a good example of the on going economic recession; many employers decided to retrench some of their employees in order to cut down on their business operating cost so as to boost profits.
A sure way of evading such an eventuality would be to have several streams of income. Building extra sources of revenue would go a long way in securing your financial future and thus create wealth.
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