I see it all over social media, people promoting self care while taking a bubble bath, or attending a yoga class. The problem is that most who need self care, can’t afford it. And those who can afford it, don’t need it.
You’ll see Elon musk, Warren Buffett, Bill Gates, Jeff Bezos, o Mark Zuckerberg promoting idea of going to the spa getting a massage and a bubble bath. They don’t need it. They have multiple streams of income and they don’t feel the stress of someone who’s struggling to pay the rent.
Traditionally, self-care has been associated with activities that promote mental, emotional, and physical well-being, such as taking a bubble bath or practicing yoga.
Do you know what’s the major cause of stress, anxiety and depression? lack of money.
Most of the problems we have are money related, hosing, car payments, retirement, etc. If we have several streams of income, most of our problems would dissolve.
Here is a list of how having several streams of income can be the most important form of self-care:
- Financial Security and Peace of Mind: Having multiple streams of income can contribute to financial security, which, in turn, can lead to a greater sense of peace of mind.
- Freedom and Flexibility: Diversifying income streams can provide individuals with greater freedom and flexibility in their lives. If you lose one client or source of income, no stress, you have others.
- Empowerment: Creating multiple streams of income can empower individuals to take control of their financial destinies. Sometimes this is called “Having F-U money. You don’t have to take any crap from anyone.
- Adaptability: I might have to move next year… the building where I live was bought and the new owner would love it if we are out. I can simply find another apartment. I have the money to pay twice a much. I can adapt to the new circumstances.
In summary, having several stream of income is the best thing that you can do for your health. Money in your bank account reduces stress better than a bubble bath or a yoga class.