Archive for August, 2009

I think many of you would agree that a lot of us are employees. We have a definite working time schedule. We have a boss. We work on a particular role. Basically, we work hard to sustain our day to day living. But if you want to achieve financial freedom, you should not just work hard but work smarter! Yes, you will earn more by working harder. You will work even harder if you got promoted because of the additional responsibilities and tasks that will be assigned to you. You will become

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Live life to the fullest. Grab life by the horns. Just make sure your life is insured. Life insurance is the only vehicle that delivers a set amount of money at a specific point in the future. While you won’t be around to collect the benefits of your life insurance, your dependents would definitely benefit from it. The money can help pay off mortgage, put your children through college, cover estate taxes, or just help your family make ends meet. If you’re pondering whether to buy an

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Most of us are employees. We are in the corporate life. We have a boss. We have a definite time of work schedule. We are entitled to wages and other benefits. We love job security. Sometimes, we are called “corporate slaves”. Going from employee to entrepreneur is really a one big leap for you. But this leap is risky. Your guaranteed salary will be cut. What happens if your business did not click? It would be better to anticipate the effects before you go into business. Here are some

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Well, aside from the obvious reason that you need it, whether for capital or other expenses; borrowing money can help you to manage your finances if you know how to leverage debt. That is to know the difference between good debt vs. bad debt. In this article, I will expound more on the idea of debt leveraging by using other people’s money instead of yours. Good debt makes the rich gets richer. There are very few entrepreneurs who did not borrow money to grow their business. If you can

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In recent years, with the failures of a lot of network marketing and multilevel marketing systems, a lot of people say that is just a pyramid scheme, a type of scam most commonly known as “Ponzi Scheme”. When it comes to the nature of business, network marketing, multi level marketing or a distributorship, if you may call it, is very similar to a franchise. Explore carefully the particular network marketing business before you plunge in. Some require you to carry inventory and incur

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