Ed Fulbright,CPA-PFS

 

Most millionaires have seven income sources.  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

 

I am not saying you have to obtain all 7 but it will take focus and determination.  As you might diversify your assets, you can diversify your income sources.  Kevin Hicks says you don't have to have all 7 but 4 will do if you want to become a millionaire.

 

Joining us for this discussion on Millionaire Stories is  Markeith Gentry who is the station’s Production Assistant and makes sure Mastering Your Money is available to our listeners.  Welcome back to Mastering Your Money, Markeith Gentry

 

Markeith will reading some millionaire stories and then we will discuss them after he reads them.