7 Ways to Generate a New Income Stream

7 Ways to Generate a New Income Stream
There are ways to generate a new income stream in our daily lives. Good Mood/ShutterStock
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You may not realize it, but most of us have multiple sources of income. For example, the contributions you’re making to your retirement are earning interest will become a new income stream. These additional income sources will be in addition to your salary—and they will make all the difference in your standard-of-living—especially in retirement.

But, why not go a step further and generate even more income streams? It’s a surefire way to help you reach financial goals like paying off debt or purchasing a home.

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