Most Americans have one stream of income (a job) and less than $1,000 in savings. If you're a part of this majority, you're one layoff away from a catastrophe.
I hate to be so dramatic, but it's quite true.
Your eggs should never be in one basket. Just ask any millionaire.
Regardless of whether or not you want to become a millionaire, I beg you to have multiple income streams. The worst thing you could ever do to yourself is depend on any one source for your financial livelihood. There's just too many unknowns — too many things out of your control.
Today, there's no excuse for not diversifying your income. It's just too easy (after some initial hard work) and fun to make money online.
In this post, I give away my favorite ideas for making money online. This is by no means a definitive list. In fact, it's a highly curated list of income streams I have tested or have thought of creating myself.