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It depends . There are pros and cons for both, but really the answer to this question depends on your situation.
Some people might want to have many small incomes because that gives them more sources of income, though it can be much harder to manage. Others might want just one big income, which is easier to manage but they have less chances of getting an income in a bad month.
The big advantage to having many small incomes is that you will have a little more income in bad times. For example, if the industry that you work in crashes and no one wants to buy products made from your company, you might have more money available for taking a trip or funding an unplanned event. The disadvantage is that it can be much harder to make sure all of your money has been spent in case one revenue stream doesn't pan out.
The big advantage to having just one big income is that it will make it easier for you to manage your finances. It means less time spent tracking down which revenue streams are not working, and more time spent on the things that bring in new income streams.
Some people might want to have many small incomes because that gives them more sources of income, though it can be much harder to manage. Others might want just one big income, which is easier to manage but they have less chances of getting an income in a bad month.
The big advantage to having many small incomes is that you will have a little more income in bad times. For example, if the industry that you work in crashes and no one wants to buy products made from your company, you might have more money available for taking a trip or funding an unplanned event. The disadvantage is that it can be much harder to make sure all of your money has been spent in case one revenue stream doesn't pan out.
The big advantage to having just one big income is that it will make it easier for you to manage your finances. It means less time spent tracking down which revenue streams are not working, and more time spent on the things that bring in new income streams.
