Overall, I completely agree with your assumption, because having multiple sources of income will certainly ensure our Bitcoin investment remains untouched or unaffected. However, I believe that in addition to having multiple sources of income, we should also cut back on non-essential expenses. I believe this is also crucial. It's essentially the same if we have multiple sources of income but are wasteful with our lifestyle. Therefore, it's better to combine multiple sources of income with a simple lifestyle. And that way, I'm sure our Bitcoin investment will run more smoothly.
There is no doubt that a multiple source of income may really be of help in increasing our discretionary income however our expenses is what determine our discretionary income. If we can be able to cut down our expenses then our discretionary income will increase however if the reverse is the case then our discretionary income will reduce. So even if our cash flow increase as a result of multiple source of income without us reducing or cutting down on our expenses our discretionary income will not increase but rather there will be a great reduction. So working on our expenses and making such that we cut down on all unnecessary spending is really crucial in increasing our discretionary income.A good cash management and not just having a multiple source of income is what that is going to increase our discretionary income.
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You’re absolutely right, having multiple streams of income would definitely help to have more available discretionary income, .
Indeed having multiple streams of income can give room for more discretionary income. However realistically speaking,
more money usually comes with more responsibility. Sometimes that very moment extra cash starts flowing in, new expenses like family needs, lifestyle changes, begins to arise. That is why some persons may earn more but still don’t have much left to invest, while others stay disciplined and put a good part aside. At the end of the day, the real key is not just how many streams of income you have or how much you make but rather how well you manage it
In summary it is very important to always maximize taking preferences on how our money is to be spent based on things that are much more of great importance and value to us first before considering other things, that is to say some one who does not place much value on what Bitcoin stand for might not look at Bitcoin investment the same way compared to others who values Bitcoin more things that can of value to people may varies from one person to another, this is very true and that is why some people can be earning more but still don't have much left over to invest in Bitcoin compared to others that are earning lesser.