Understanding Financial Leverage

financial leverage

Finan­cial lever­age is an impor­tant term to learn if you are aim­ing at build­ing wealth and scal­ing your busi­ness. The con­cept of lever­ag­ing is that there are so many hours in one day it is lim­it­ed. So why spend time doing some­thing that you could pay some­one else to do and they can do it … Read more

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The danger of financial Abstraction

financial abstraction

I was recent­ly watch­ing a ted talk the oth­er day and the top­ic of dis­cus­sion was finan­cial abstrac­tion. This term is used when mon­ey is not seen as real. When this hap­pens it has less per­ceived val­ue and is not treat­ed the same way as real tan­gi­ble mon­ey. Let’s talk about this. There are so many cas­es of peo­ple … Read more

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Managing Liabilities

liabilities

Lia­bil­i­ties are any­thing that you have that takes more mon­ey out of your pock­et than it puts in. If you are run­ning a busi­ness you obvi­ous­ly want to reduce or even­tu­al­ly get rid of lia­bil­i­ties because who wants to delib­er­ate­ly lose mon­ey? You need to do a close exam­i­na­tion of your busi­ness to ensure that … Read more

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Develop Your Financial Education

Financial education

It is mind bog­gling how we are sent to school to learn about every­thing in this soci­ety except mon­ey, how­ev­er, we work for mon­ey our entire lives. what’s hap­pen­ing? Shouldn’t we be push­ing for finan­cial edu­ca­tion in our schools? If we want our coun­try to grow how can this hap­pen if a vast major­i­ty of … Read more

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Financial Focus: How important is it?

Why is finan­cial focus impor­tant? let’s dis­cuss. There are some peo­ple who start a busi­ness only to see anoth­er oppor­tu­ni­ty a cou­ple weeks down the road and jump ship because they see some­one mak­ing more mon­ey doing that busi­ness and they believe they will have a greater return. This sit­u­a­tion  is often referred to as … Read more

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