We’ve covered your foundational investments and medium-risk investments, it’s time to talk about the alluring world of high-risk investments. Triple-digit returns are alluring. The rewards often encourage us to push past our fears. However, if we risk too much in this arena we could lose it all.
Managing your money better puts you in a position to give more and do more in the future. I think most people rush to invest in these 3 investments before setting a foundation. I’d love to know if you agree.
In my speaking to entrepreneurs across the country about money, I find that most are missing a basic foundation. Today I want to talk about a simple strategy that can give you a foundation to work from in the future and hopefully allow you to consider future opportunities.
As an entrepreneur, you have a ton of opportunities to invest. It’s for this reason, I think entrepreneurs get into more trouble than those that get jobs right out of college. However, how do you know which opportunities are right for you? I made this crazy simple guide to help you cut through the clutter.
I honestly never saw myself writing about insurance but it’s an important step before talking about investments. Having insurance is about responsibility to you and your loved ones. For entrepreneurs, insurance presents a new set of questions to answer before moving forward.
The envelope system has been around a long time. The idea of taking cash (from your paycheck) and stuff it into envelopes is a great way to keep you on budget. However, it’s hard to manage, makes it easy to cheat and is almost completely useless to entrepreneurs. With online banking and budgeting apps available, it’s time this system gets an overhaul.
If you’re deep in debt how do you get out if you’re an entrepreneur and don’t get steady income? Is there such a thing as good debt? As an entrepreneur, you may not make the same amount of income every month.
This can create a challenge if you try to follow a consumer advocate’s advice. Find out the small tweak that is needed to demolish your debt and start living a bit more free.
An emergency fund is not a new concept. Then why is it so hard to figure out How Much You Need In Your Emergency Fund?
If there is one thing to do that will set you up for success financially, you’d want to do it, right? It’s the one thing most people never do and while it’s not easy, it is simple. At the end of this post, I’ve even included a free download to try to help you.
There is one foundational financial habit that can change your future. Today we discover what this habit is and 3 ways it can revolutionize your finances.
Do you remember when they covered how to manage your money in school? Me neither. As a result, we’re stuck doing financial rehabs on our lives. Come learn about a money management system that you can build on.
Money is a hot topic in the Bible. Learn how to move into the blessing by discovering The Biblical Money Management Principle Of The Circle
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