How to grow a second income: Start your own business

 
How to grow a second income
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How to grow a second income

Who couldn’t do with having a bit more cash at their disposal? Just so for once you didn’t get to the end of the month and realise you have no choice but to live off cereal until your next paycheck.

Well there's actually a brilliant way you could supplement your income – by taking on a second job or setting up your own business.  

Not only will it allow you to boost your earnings, but it’s also a chance to seek out additional opportunities that you might not experience in your day job.

The number of people opting for two incomes is soaring in the UK, with Herbalife estimating that roughly 46% of us are currently working two jobs.

If you’re thinking that you could benefit from an extra chunk of change each month, but are not sure how to get started, don’t fear.

David Rae, Director of Enterprise and Innovation at Lincoln Business School, has shared his expert knowledge on how to best utilise your skills to create a dual income stream that works for you.

So next time the end of the month comes around, your biggest concern will now be what to do with all that extra cash burning a hole in your pocket. Sounds dreamy right!


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