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Building Seven Sources of Income with Ed Fulbright Thumbnail

Building Seven Sources of Income with Ed Fulbright

Cashflow Financial Plan Leadership Radio Small Business

Ed Fulbright

During the Interview with George Fraser in March, we discussed 7 sources of income. They are the following:

  1. Earned Income

  2. Interest Income

  3. Dividend Income

  4. Capital Gains

  5. Rental Income

  6. Business Income

  7. Royalty Income

 

George said at 40, he did not have all 7 income sources now at 75 he has all of them.  I am not saying it will take you 35 years to obtain all 7 but it will take focus and determination.  As you might diversify your assets, you can diversify your income sources.

 

Todays show is about Building Seven Income Sources.  We will discuss the tax effects, building networth, and financial indepence/freedom.  Joining us for this discussion is  Markeith Gentry who is the WNCU’s Production Assistant and makes sure Mastering Your Money is available to our listeners.  Welcome back to Mastering Your Money, Markeith Gentry