Cash flow and net worth are both financial metrics, but they measure different things. Net worth is the sum of your assets minus the sum of your debts. Having a high net worth does not ensure a high cash flow. Cash flow is the more important metric and measures the money coming in versus out each month. This is what matters when becoming financially independent. If you have a high net worth, but … [Read more...]
Rates Are Historically Low, But It’s Extremely Hard to Get a Loan—Here’s Why (& What to Do About It)
It is currently very hard to get a loan right now even though rates are historically low because of the coronavirus. Normally over the last decade, getting a loan was a very easy process. However, now it is very difficult to get a loan and the only real options you have is getting a loan from someone you know, or from a balance sheet lender. Banks are not giving out loans right now because most … [Read more...]
Where the Economy is Going – Episode 354
These are some crazy times that we are living in right now, because of the corona virus, we don't really know what is going to happen from one day to the next, and that can make for making plans really difficult. There are some authors that have mastered some tips for planning and making it through the chaos that is in front of us right now. There are some financial tips you can use to your … [Read more...]
Return on Investment vs. Return of Attention
Bonus Material: Get the full calculator that will calculate your returns to retire in 10 years or less Don't get so caught up in your return on investment that you forget about what truly matters to you. Why you started this business, and what makes you want to keep it going are the two things to truly focus on. Return on investment is important but it shouldn't be the most important focus … [Read more...]
90 Day Game Plan To Financial Freedom
There is a 90 day game plan that if you happen to stick to it, you can have a lot of success for your business. Every 90 days you could reopen the game plan and take steps towards success. It starts will words that all start with a P. It involves identifying the problem, and coming up with a solution that is standing in the way of your business being as successful as they possibly can. There is a … [Read more...]
The Safety of Cash Value Whole Life Insurance
Whole life insurance has a high safety value for cash. This is a really nice investment in your future because it has the backing and allows you to make sure that your family is safe. This is the best kind of insurance you can get because it is low risk and allows you to feel secure in both your future and your cash. There business model is simple and by law they are a legal reserve company. Key … [Read more...]
The Important Difference Between Investing vs Speculating
We've found out that most people who have trouble investing have these issues because they are lost on some of the terms they think they know but have a wrong definition that hasn't been cleared up. Buy-ask spread is one term that gets confused. This is when there is a spread between what someone is willing to buy versus what someone else is willing to sell for. Trying to close this gap is your … [Read more...]
How To Get A Financial Bunker To Weather Economic Storms
During this current economic period where the markets are extremely volatile, it is important that you can protect and preserve your money. A three step cash flow system program has been developed to help you do so. The three steps involve foundation which helps you save money, insurance and legal protection to protect your money and finally increasing your income and assets by making your money … [Read more...]
- « Previous Page
- 1
- …
- 6
- 7
- 8