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Always Pay Yourself First

It is the end of the month (or pay day) and you receive your paycheck, what do you do?How do you start your spending? Who do you pay first? If you are like most salary earners I know, you will probably pay everyone else first—your creditors, rent, utilities, down payments, groceries, etc. Then, once you […]

4 Questions to Answer before you Borrow

Are debts bad? This is a question that has created conflicting responses and answers. Sadly, I don’t have any answer for you either. This question arises because nobody wants to do things that are considered ‘bad’. I always say debt is debt; it is not essentially good or bad.There are countless benefits to living without debts […]

Basic Understanding Of The Financial Statements

An ability to understand how to read, analyze, and create financial statements is one of the most vital skills for aspiring entrepreneurs, new investors, and executives to develop. You get a full and precise understanding of your finances. Armed with this knowledge, a business owner and investors can better identify promising opportunities and professionals of […]