In today’s episode, Loraine explores the question of how many ways there are to earn money. She delves into the concept of the cash flow quadrant, discussing the four quadrants - employed, self-employed, business owners, and investors. In this episode, she covers various income streams, including active, passive, and portfolio income, highlighting the importance of creating multiple sources of income for financial stability. Loraine also emphasizes the significance of diversification and empowering women through financial independence.

KEY TAKEAWAYS

• There are four main ways to earn money according to the cash flow quadrant: E for employed, S for self-employed, B for business owners, and I for investors.
• Income streams fall into three categories: active, passive, and portfolio. Active income involves t ...