Multiple Streams of Income by Robert Allen - A Review

Robert Allen tells in his book, Multiple Streams of Income, how you will learn to play the money game and win.  It not only teaches you a simple system for controlling your finances and how to invest your surplus funds, it gives multiple suggestions for setting up multiple streams of income for life.

In his book Multiple Streams of Income there are some real eye openers starting in the first chapter. There is a chart that shows what will happen at age 66 if you’d invested a dollar a day starting on the day you were born. A dollar a day grows into $1 billion by normal retirement age. Is that financial freedom? After seeing that it made me think of the $2.75 I spent yesterday for a Starbucks in a whole different way.

 In Chapter 3 Robert Allen explains the difference between linear income and residual income. I worked 19 years in my computer business for linear income. Linear income is where you get paid only once for every hour you work. With residual income, you work hard once and it unleashes a steady flow of income for months or even years. You get paid over and over again for the same effort. That is how I get paid in the Network Marketing business I am now in. 

Allen goes on to explain the importance of launching one new income stream each year and how to do it.  In chapter 4 he gets into what he calls different “mountains”.  These are the Real Estate Mountain, the Investment Mountain, and the Marketing Mountain.  Chapters 5 through 14 actually get into 10 different income streams in each of these 3 areas.

Finally in Chapter 16 he gets into shielding your Multiple Streams of Income. Once you have made the money, you don’t want to loose it.  He suggests things like Nevada Corporations.

In summary, I would say this book is well worth the read.

Multiple Streams of Income by Robert Allen - A Review