Will Power: Future-Proofing Your Finances
There has never been as much uncertainty about finances, health, security, and the general future as there is right now. Think about it: stock markets going crazy, global pandemics that have threatened the healthcare system, looming economic recessions, fear of job loss, and livelihoods.
In times like these, you need to feel secure. Knowing that your source of income will be there in 5 to 10 years from now is a form of security. It is normal to become a little anxious when uncertainties develop around our most reliable source of income. Will your current source of income remain as it is?
This is why you need to create a lasting source of income. Over the last decade, many millennials have leveraged various technology outlets to create passive income. Influencers and entrepreneurs have excelled on platforms such as YouTube, Instagram, and Amazon. However, financial security is not just about a lasting source of passive income. It is also about securing your financial sources while maximising the impact of your money and the income that is currently available…