In the realm of personal finance, the pursuit of financial security and independence remains a top priority for individuals across the globe. A fundamental aspect of this pursuit is the distinction between two critical income types: linear income and leverage income.
Linear income, often referred to as earned income, is the income most individuals are familiar with. It involves trading time and effort for a fixed wage.
In stark contrast, leverage income involves creating systems that generate income continuously, even when you're not actively working.
While acknowledging that linear income forms the backbone of our livelihoods, it's crucial to recognize that relying solely on it might limit our financial potential. It's imperative not to confine ourselves to this single income stream. Professions like salaried employees rely on linear income, susceptible to job losses or income interruptions due to unforeseen circumstances. For healthcare practitioners, insurance agents, property agents and the like, a pause in actively driving business can lead to income stagnation.
This emphasizes the significance of integrating leverage income into our financial strategy. Leverage income allows us to extend beyond the confines of active work, enabling scalability and enhanced financial security. This form of income offers diversification, safeguarding us against uncertainties that can impact linear income.
Three International's network marketing platform is a beacon of leverage income. By building a network to distribute products, it provides a means to secure both personal and network-generated sales income. This collaborative approach offers a practical route to a diversified income portfolio, empowers us to navigate economic shifts with resilience.
