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9 Income Streams You Can Build While Still an Employee, According to Codie Sanchez


Published on 2025-01-04 00:21:06 - MSN
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  • From Wall Street to Main Street, Codie Sanchez is leading a revolution in personal finance and wealth. The author of "Main Street Millionaire" is on a self-proclaimed mission "to create 1

The article from MSN Money discusses nine income streams that individuals can develop while still employed, as suggested by Codie Sanchez, an entrepreneur and investor. These streams include: 1) Renting out assets like real estate or personal items, 2) Creating digital products such as eBooks or courses, 3) Investing in dividend stocks for passive income, 4) Starting a side hustle which could be anything from freelancing to consulting, 5) Affiliate marketing by promoting products and earning commissions, 6) Writing a book which can generate royalties, 7) Peer-to-peer lending where you lend money to others for interest, 8) Building an online business that can run semi-autonomously, and 9) Royalties from intellectual property like patents or music. Sanchez emphasizes the importance of diversifying income sources to achieve financial freedom and security, highlighting that these methods can be pursued without quitting one's day job, thereby reducing financial risk while building wealth.

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[ https://www.msn.com/en-my/money/personalfinance/9-income-streams-you-can-build-while-still-an-employee-according-to-codie-sanchez/ar-AA1voFLM ]