Myth III: You only earn from your salary
Not if you have invested smartly. There are ways to generate income from sources besides your salary.
Rent: If you have invested in property and have leased it out, you can earn a rental on it.
Dividends: From stocks and mutual funds.
Interest: Bonds issued by companies or financial institutions; fixed deposits from banks, post office schemes and companies.
Capital gains: This is the appreciation you get from your assets when you sell them – stocks, mutual funds, property.