The answer to this question is the third concept to understand. No matter what the income source is, all money is made by selling something. This is true even with investments. You buy stock and wait for the price to increase. Or you buy a house and make improvements to increase its value. This is
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There are two kinds of saving. The first involves accumulating money and storing it – setting it aside to allow it to grow in value. This is what you are doing when you make regular deposits into a savings or money market account or when you buy and hold savings bonds. The importance of saving
Read MoreI recently realized I was doing a ridiculous thing by not publicizing my blog. It’s quite silly, but I’ve been waiting until I got it right. But it’ll never be “right” so I may as well quit erasing entries and let someone have a look. Otherwise, what’s the point?In my imagination I’m witty and clever.
Read More“Networking” is the business buzzword these days. So many folks want and try to do it, even when they aren’t quite sure what it is or how to do it. It comes very naturally for some, and others have to work at it dilligently. This should be no surprise – all of life’s talents and
Read MoreToday is Independence Day. Happy Fourth of July! What better way to celebrate than to free your dreams? Dreams and dreamers are the beginning of everything. It takes a plan to achieve a goal, but it takes a dream to create a goal.Dare to imagine your best life. Write it down – in detail. Review
Read MoreThere are many ways to become wealthy. Some methods are complex, and some are rather simple; but none are easy. All require good planning, a certain amount of risk, and a lot of determination. This all depends, of course, on exactly what your definition of “wealthy” is. To some folks wealthy will always mean having
Read MoreThese are the things most people really mean when they say they want wealth. We all know that money itself is only useful because of the things it can do. So, have you ever thought about why you want it and what you want it to do for you? Money can buy a certain amount
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