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Business strategy
The danger of having only one source of income.
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[QUOTE="Kennysplash, post: 77311, member: 26385"] No matter how much you make as your income in your job or business, you should not have just one source of income. It is risky, I have the experience of an older friend working for a company with good pay. When others tell him to invest in something else he will shrug it off and say he does not need it. He will say he does not like to stress himself and he is contented with his job only. The company had a financial crisis and had to let some workers off, he was among them. Although he has some money saved, he did not know how he spent them fast since he could not get another job for almost 6 months. So always try your best to have more than 1 source of income, have other investments that you can tap into if need be. [/QUOTE]
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The danger of having only one source of income.
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