Financial Mission
Welcome to the Financial Mission podcast, where we empower women entrepreneurs and moms to take control of their finances, achieve business success, and create a life they love. Hosted by Jess Wayne, a former burnt-out nurse turned inspiring coach, this podcast is your go-to resource for financial wisdom, business strategies, and personal development tips tailored for women.
Hi, I'm Jess Wayne. After 13 years in nursing, I found myself overwhelmed, stressed, and trapped in a cycle of people-pleasing. My turning point came when I decided to take charge of my finances and paid off $100,000 of debt in less than two years while healing from a mental health crisis. This journey transformed my life and ignited my passion for helping other women break free from financial stress and achieve their dreams.
Today, as a financial and business coach, I leverage my personal experiences and proven strategies to guide women entrepreneurs and moms through their own financial journeys. My goal is to inspire you, provide practical advice, and support you in building a financially secure and fulfilling life.
In each episode, you'll find:
- Expert Interviews: Insights from industry leaders, successful entrepreneurs, and financial experts who share their wisdom and experiences.
- Actionable Tips: Practical strategies for managing your finances, growing your business, and achieving work-life balance.
- Inspiring Stories: Real-life success stories of women who have overcome financial challenges and built thriving businesses.
- Personal Growth: Tools and techniques for personal development, mental health, and self-care to support your journey.
Whether you're just starting your financial journey or looking to take your business to the next level, Financial Mission is here to provide the support, inspiration, and practical advice you need.
Join our community of empowered women who are making smart money moves and creating the life they truly desire. Subscribe now and start your journey to financial freedom and business success!
Facebook group:
https://www.facebook.com/groups/919094122648218
Subscribe to Financial Mission today and let's transform your financial future together!
Financial Mission
#77 The Importance of Having Multiple Streams of Income
The average Millionaire has 7 sources of income or different streams of income.
Having multiple streams of income provides a safety net so to speak for your family. You don’t have all of your eggs in one basket. If you were to lose your job, you’d have some income coming in from a different area.
Now, I am not suggesting you have 3 full-time jobs. However, diversifying your money can help you to have financial security, which is what we are all looking for.
My husband and I have multiple streams of income, some more stable than others. We both have our full-time jobs so we don't include the additional streams of income in our monthly budget. We use the extra income as extra!
If you rely on a single source of income you likely are stressed about what happens if you lose that job. Having multiple streams of income will help ease that stress. Will that stress be completely gone? Likely not, but it will help alleviate some of it.
The more money you make from different sources can lead to more earning potential. Different streams of income can supplement each other. For example, I sell online courses related to my financial coaching biz, this helps my coaching biz grow which will equate to a higher income potential in the future.
Listen to the full episode on the importance of having multiple streams of income.
If you loved this podcast and you are feeling encouraged and ready to tackle your life + finances, would you do me a favor and share it with 3-5 of your friends? Thank you and be sure to make today a great day!
For ALL my info: (Blog, Podcast, Courses, Free Budgeting 101 online course, Financial Mission Membership program, and my exclusive 1:1 Money Coaching Program + Private Facebook Community, head on over to https://www.jesswaynecoaching.com/)
https://linktr.ee/jesswaynecoaching
If you would do me a favor and share on social media that you are enjoying this podcast I would be so appreciative. You can tag me in the post and you will be entered into a monthly Starbucks or Caribou gift card drawing!!
