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“Never depend on a single income. Make investment to create a second source.” – Warren Buffett
Buffett’s quote teaches the value of diversification and not relying on just one income stream. This is especially important in Africa, where economic shifts can create uncertainty. Having multiple streams of income can provide financial stability.
Explore creating additional sources of income, whether through side businesses, investments, or passive income opportunities. For instance, consider investing in real estate, starting a small business, or acquiring skills that allow you to earn outside your regular job. Multiple income streams reduce financial risk and help build wealth faster.