Wealth Tips
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CREDIT: The ability of customers to obtain goods or services before payment, based on the trust that payment will be made in the future. This could be in full or installment.
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SAVINGS: Saving money can help you become financially secure and provide a safety net in case of an emergency. An emergency cushion can finance unforeseen expenses like medical costs, car and home repairs.
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BANKING: There are various types of bank accounts, [Checking, Savings, Merchant Services, Cash Management, etc. Explore account types to best meet your short and long term needs.
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INVESTING: Expend money with the expectation of achieving a profit or material result by putting it into financial schemes, shares, or property. Or, by using it to develop a commercial venture.
Finance
It’s time to learn how to make money work for you. Are you always stressed about money? Does your wallet need a makeover?
Never depend on single income. Make investments to create a second source. If you buy things you don’t need, soon you will have to sell things you do need. Do not save what is left after spending, but spend what is left after saving. Don’t put all of your eggs in one basket
— Warren Buffett: Life Tips
What is your (legal) side hustle? Have you considered entrepreneurship? If you have a day job, have you thought about adding business ownership to your resume? Do you know the benefits of starting your own business? The thought has crossed the minds of many, but the thought is often quickly dismissed without further consideration for reasons like, lack of time, resources, funds and know-how.
Consider joining a network group to talk and surround yourself with forward thinking people that have moved beyond the ‘I can’t’ zone, to the ‘I can’t afford not to’ zone.