Add One or More Income Streams

In the context of our debt payoff and wealth building system, adding one or more income streams to your household cashflow serves two primary purposes:

1. It helps you pay off your debt faster and more efficiently, and
2. It contributes to your efforts to produce a retirement nest egg for your future financial security.

A key point to remember is that the extra income stream, itself, isn’t the only consideration in the process.  Our program looks at the type of income (linear, residual, active, passive, one-time, or recurring, etc).  It also determines the best way to channel the income stream based on its frequency and your available resources to get the most work out of it.

For example, if you receive $1000 in extra income, is it derived from a finite source like a yard sale?  Is it from a linear source like an hourly wage?  Is it from a residual source like a book royalty?  When is it available in a bank account to earn compounding interest?  And so on.  It sounds complicated– and it can be.  But that’s where the simplicity of algorithm-based programming comes into play– because the program knows all of your unique available options and will instruct you on where your $1000 will have the most impact.

Your role is to determine how you want to earn the $1000 (in the above example) or other amount of money.  And that’s where The Financial Acumen Course® walks you through an exploration and discovery process for various venture types, income brainstorming exercises, and so on so you can make your decision.

In addition to the nine various venture types and array of income producing activities covered in The Financial Acumen Course®, The Prosperity Solutions Group® offers two supplemental income ventures that can produce both finite and residual income.

1. One is to pay-it-forward by becoming a Partner-In-Success™ via the PSG affiliate program.
2. The other is to start your own business by becoming a PSG Certified Coach™ or Facilitator.

In any case, take the time to familiarize yourself with the details of each program, and contact us if you have any questions.