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Tips for Lending Money

The Changing Role of Financial Advisers

The Impact of Rising Interest Rates

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The Ironies of Money

Get Ready for User Pays Retirement Care

Using Interest-Only Mortgages

Time Running Out for Pension Transfers

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A Fresh Start

Make Your Resolutions Real

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Relationship Property Basics

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Fighting over the Family Fortune

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Bring Home Your Aussie Super

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The Happiest Man in the World

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Retiring Early

KiwiSaver Checkup

Mighty River Greed

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Start Saving with Two Simple Steps

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Wriggle Room

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Smaller Investors Miss Out on Advice

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Retiring on KiwiSaver

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Cash in a Hurry

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Getting Used to Working Less

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Five Secrets to Happiness in Retirement

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A New Era for Financial Advice

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Love and Money

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Suddenly Rich

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The Biggest Risk for Retired Investors

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When Disaster Strikes

Money for Students

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Farewell to the LAQC

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The Benefits of Being Generous

New Rules for Financial Advisers

Take A Christmas Break

Guaranteed Life Investments

One of Life's Certainties

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Rent or Buy?

Spring Clean Your Investments

Make Money While you Sleep

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Don't Just Retire: Reformat!

Guide to Retirement Villages

Make your Mortgage Manageable

Money Conflicts

A Guide to UK Pension Transfers

When Retirees Run Out of Money

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Crunch Your Credit

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A Good Financial Plan

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Spending without Feeling Guilty

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Find the Holes in your Leaky Bucket

Getting on top of Debt

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Make Money While you Sleep
If financial freedom is something that you strive for, then no doubt you’ve pondered on how to get there by creating multiple streams of income.

Many people dream of being able to sleep soundly at night, knowing that money is rolling effortlessly into their bank accounts, enabling them to retire earlier, work less, or achieve their other goals faster.

For some, the dream is a reality; for most it is a wish that is unlikely to be fulfilled.

When you have a job, you are exchanging time and effort for money. There is a physical limit on how much time and effort you have available, and therefore your income is limited. With alternative income streams, you may have unlimited potential to increase your income.

The number of ways in which you might develop multiple income streams is limited only your imagination. The internet has opened up a whole new world of opportunities. Some of the things you can do from home are:

• Start an internet blog or chat room and earn money from advertising on the site
• Write a book or an e-book
• Write articles in magazines or on websites for money
• Turn hobbies into income streams, for example by teaching classes or selling products
• Set up an online business
• Invest in a property or share portfolio
• Rent spare rooms in your house

If you own a business, franchising, licensing and developing new product or service lines are obvious ways to diversify your income.

To make time for a new opportunity, consider reducing the hours you work in employment. If your opportunity requires a significant investment of money or resources, make sure you seek specialist advice before proceeding but also remember ‘nothing ventured, nothing gained’. Don’t be afraid to give it a go!