3 Steps To Becoming A Millionaire: What is money? A child might say that it’s something rich people have and poor people don’t. An engineer might go into a detailed and lengthy explanation, but we all know that money is what really “makes the world go around.” In the business world, money is the definition of success or failure. That’s…
We are living in a society of consumerism. Prices can skyrocket, and demand can multiply. The only thing that remains static/the same is your income. How do you survive in a consumer society keeping a control of the expenses? Personal finance is all about planning your finances. You need to keep a budget in every step of your life. Start…
There is a tool available for making money which is so powerful that you’ll never find a successful entrepreneur without one. This tool is inexpensive, available everywhere, and you probably already have one you aren’t using. I’m speaking, of course, about the humble notepad. If you think I’m exaggerating the importance of this little item, visit an office supply store.…
The 3 different kinds of income: 1. Capital gains When you buy a stock, and sell it for a higher price, you have made a capital gain. If you buy a house and then later sell it for a profit, you have made a capital gain. If you buy an antique at a low price and then sell it for…
7 Important Do’s & Don’ts Of Wealth Building: 1. Don’t fall behind Finance charges, interest payments, getting discouraged about your finances all problems that can occur if you let yourself fall behind. Whether it’s bills, credit cards, or student loan payments, falling behind can be a very difficult problem to come back from. The more you have to pay out…