In this episode, Shawn is going to talk about the importance of creating multiple sources of income. Whether you’re happy with your 9-to-5 job, or you could do with the extra cash, having a side income is not a good idea.

The number of people, globally, who have created and currently maintain a side income is growing by the day. They’re all experiencing the benefits that come with creating multiple sources of income: more freedom, financial stability, and improved quality of life.

Listening to today’s episode, you’ll learn about why it’s a good idea to start a side income, why you should drop your excuses for not starting one yet, and the three main reasons people give for not doing it

What You Will Learn in this Episode:

• “It does not matter how successful you are in your current main job as a corporate professional, starting a side business needs time and effort.”
• “A side income can offer you the opportunity to explore your passions or pursue your dream job, without sacrificing the steady paycheck of your day job.”
• More than 37% of older adults have a side income in the US. The number for millennials is more than 50%. Two-fifths of workers in the UK have a side hustle, and one in ten Australians has a side income.
• “If someone truly wants to find the time to do something, they just need to manage their time properly.”
• Having multiple sources of income is the right and best strategy for long-term security.
• We all have the same 24 hours in a day.
• Starting a company and launching a side income are not the same thing

We hope you’ve enjoyed today’s episode of the Inside Out Skills podcast. If you have, please leave us a 5* review on iTunes. Also, don’t forget to subscribe to the podcast on iTunes and Google Play.