240. The Benefits of Diversified Income Streams
Ever wondered how diversified income streams can shape your financial future? In this episode, Casey Smith and Shawna Theriault, CFP®, CPA, CDFA®, dive into the significance of diversified income streams, from real estate and dividend-paying stocks to balancing primary and side jobs. They emphasize the importance of passion in side hustles and business ventures, and clarify tax considerations, including the reality of higher taxes being a sign of success. Podcast Episode Referenced:- Ep 221: How to Prioritize Financial GoalsYouTube Videos Referenced:- Does inheritance count as income?- Pros…
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