Part 10/11:
The sixth income type is interest income, earned through savings. The speaker underlines the importance of an emergency fund, particularly one that generates interest. They noted their top savings account at Trading 212 that offers a 4.9% annual interest rate. This income, while modest, exemplifies how saving can concurrently provide financial security and growth.
The Road Ahead
In summary, each income stream developed by the speaker not only contributes to a monthly earning of over £10,000 but also offers varying levels of activity and investment. The speaker emphasizes that the journey feels both rewarding and liberating, especially in a landscape where financial security often relies on diversified income sources.