When I was a contractor in the IT industry I learned that it is vital to have multiple income streams because you can’t control everything. There was an industry freeze on contractors and I just happen to be caught out between signed contracts. For me I was determined not to be caught out again.

So now I am out of the IT industry and have a jewelry business, I have multiple income streams so no matter what happens in different areas I still have money coming in. I think all businesses need to have this approach but also individuals. We’ve all seen businesses collapse and people left in bewilderment and out of work with no money coming in, no security. Having alternative sources of income makes life much easier, smoother and safer.

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