The average millionaire has multiple income streams

These income streams can include:

1. Earned Income: Wages, salaries, bonuses, and other forms of compensation from a job or self-employment.
2. Investment Income: Dividends, interest, capital gains, and other profits earned from investments in stocks, bonds, real estate, etc.
3. Rental Income: Money generated from renting out properties, such as apartments, houses, or commercial spaces.
4. Royalty Income: Earnings from intellectual property, such as books, patents, or trademarks.
5. Business Income: Profits from owning and operating businesses.
6. Capital Gains: Profits from selling assets, such as real estate, stocks, or a business, for more than the original purchase price.
7. Pension or Social Security Income: Funds from retirement plans or social security benefits.