Think about it this way. Most people only ever have one source of income: Their job. What happens when someone loses their job? They suddenly find themselves with no source of income whatsoever. That’s a scary situation to be in.

At least when you have other sources of income, even just one, there is some back up. It relieves some of the stress if you lose an income stream, knowing you still have others.

Now that’s just at the base level. The real advantage to creating many income streams is that it’s the best way to build wealth. People who are rich rarely only have one source of income. They will be involved in several businesses, have an investment portfolio, perhaps write and sell an eBook. Rich people rarely rest on their laurels, because they know what made them rich in the first place and they also understand that things can go wrong and they could eventually lose money with one income source.

They want the security of contingency plans and have back up income sources in place. Cash flow is everything, and if one income source goes sour, having cash flow from others is enough to keep them afloat and get a new income stream established.

Setting up several reliable income sources makes a lot of sense. Whether you aspire to be rich, or just long for financial security, MSI is definitely the way to go.