She's On The Money Wait, TikTok Says You Need 7 Income Streams to Be a Millionaire? We’re Calling BS
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Jan 21, 2025 Is seven income streams really the key to wealth? This podcast dismantles that misleading notion, exposing the pressures of hustle culture that oversimplify the path to becoming a millionaire. Discover the value in focusing on one reliable source of income and learn how budgeting can be empowering rather than restrictive. Personal stories highlight the journey from debt to financial success, proving that strategic investment and sustainability are crucial for true financial glow-ups.
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The Seven Streams of Income Myth
- The "seven streams of income" advice is misleading and creates unrealistic pressure.
- It skips over the core principles of wealth-building and leads to burnout.
Origin of the Seven Streams
- The "seven streams" idea originates from IRS data on high-net-worth individuals, not a how-to guide.
- It's a catchy headline, but doesn't consider the privilege inherent in many of those income sources.
Victoria Devine's Income Streams
- Victoria Devine shares her income sources, exceeding seven, from various businesses, investments, and royalties.
- She emphasizes her journey from debt to millionaire status through consistent work and strategic growth.
