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Multiple Streams of Income

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Multiple Streams of Income

How to Generate a Lifetime of Unlimited Wealth

Wiley,

15 min read
10 take-aways
Audio & text

What's inside?

Ben Franklin discovered electricity — but it was the man who invented the meter who made the money.

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Editorial Rating

6

Qualities

  • Comprehensive
  • For Beginners

Recommendation

Aimed at those with little or no business or investment knowledge, this book explains how to earn money in addition to your salary and how to plug leaks in your cash flow. Robert G. Allen crams in an enormous amount of information and the book design accommodates boxed quotes, sidebars and graphs that help simplify complex investment and other financial information. getAbstract recommends this book to anyone in need of a crash course in financial security, who doesn’t mind a "Gee-whiz" approach.

Summary

The Money Tree Formula

The average American earns at least $25,000 a year and spends it all. After a lifetime of earning, most Americans end up with almost nothing. That’s because nobody teaches them about money. What is learned is absorbed in a haphazard manner that is mostly wrong, and certainly out of context. Most of the books that people read about the subject overwhelm them with details or bore them with useless facts. If you’re like most people, you’re confused and frustrated.

Frankly, nobody ever teaches us about money. We receive no formal education in the most critical of all life skills - how to become financially successful. Did you ever, in all your years of public education, attend a class entitled, Money 101? Why isn’t such a class mandatory in every elementary school, high school and college?

This lack of knowledge is a dangerous situation, since money is one of life’s most important subjects. Some of life’s greatest enjoyments and most of life’s greatest disappointments stem from your decisions about money. If you can get your finances under control, you can trade that constant anxiety for peace of mind.

The key to financial security is...

About the Author

Robert G. Allen ’s first book, Nothing Down, sold more than one million copies, becoming the largest-selling real-estate investment book in history. A successful entrepreneur and seminar leader, he has an MBA from Brigham Young University. He is a popular guest on radio and TV programs, and has been featured in many national magazines.

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