E159 – Sources of Income

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Pro Tip: Timestamps below are clickable. Click on the time below in the brackets and the audio will start playing at that part of the show.

For most of us, salary is the main income source. The truth is, everyone starts this way and typically the salary we get each month would only go to our bills. Come and join us talk about different sources of income and how we tend to spend them. 

Welcome!

[5:21] People receive bonuses from work,  what do they typically do with those?
●     People tend to spend the bonus before they even get it
●     They use them for vacations
●     Sometimes instead of cash they receive gift cards

[12:06] For folks out there who have second jobs or additional side-hustles
●     Don’t think of it as an extra money. Save it for future!
●     Set that money aside and pretend that you never got it 

[14:08] Learn how to budget
●     Budgeting your TIME is as important as budgeting your money
●     Start tracking what you’re spending

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Chain of Wealth

Chain of Wealth

The Chain of Wealth podcast is a biweekly podcast boasting over 350,000 downloads. We interview inspirational guests about money topics. You can learn more about us here.

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