Principle of Pipelines: Cultivating the Habit of Alternate Sources of Income

Personal finance is not just about saving, investing, and managing wealth. All these activities require one essential input: a regular flow of money. If you have a job with a steady income, that is excellent. If you are confident about job security, that is also excellent.

The rapid pace of technological change and the emergence of AI mean that anyone hoping for job security should think long and hard. Don't wait till time tells you that you have to think in terms of financial security and n...