Wealthtalk
21 Ways to Create Recurring Income
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:35:30
- More information
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Synopsis
In this episode, Kevin and Christian break down 21 practical ways to generate recurring income, drawing on the WealthBuilders “Seven Pillars of Wealth” framework. They explore both traditional and entrepreneurial strategies, offering actionable ideas for homeowners, business owners, investors, and anyone looking to build more reliable income streams. Whether you’re just starting your wealth-building journey or looking to diversify, you’ll gain fresh insights, real-life examples, and clear steps to help you take action and move closer to financial independence.Key TakeawaysThe Seven Pillars of Wealth:Understand the core asset classes—home capacity, pensions, investments, property, business, intellectual property, and joint ventures—and how each can generate recurring income.21 Practical Income Ideas:Learn actionable strategies within each pillar, from renting out a room in your home to leveraging intellectual property and collaborating on joint ventures.Traditional vs. Entrepreneurial Pillars:Discover the diff