There’s a massive difference between being wealthy and being rich. Not all rich people can be wealthy but all wealthy people can be rich. Confused!?…let me explain.
If you are a millionaire, are you by default wealthy?
Ahmm, not necessarily so. A millionaire by definition is someone whose net worth (asset value minus debt) exceeds a millionaire [...]
As a young investor you may be more focused on the rise in capital value; whereas someone in their golden years can be more focused on generating income. Property is one asset class that does both, rising in value and generating income. It is often referred to as the “IDEAL” investment. “IDEAL” is a simple [...]
There are many different strategies for getting on top of debt. One popular technique is known as the debt snowball. The reason it’s named ‘debt snowball’ is because you start with the smallest debt and work your way up to the biggest one, like rolling a snowball. When the first loan is paid in full [...]
Let’s talk about 2 big business startup mistakes that are often made and what you as an entrepreneur can do to avoid them.
Business Startup Mistake # 1 – Not Creating the Business System
Starting a business throws up many opportunities and challenges on a daily basis. You are both head chef and chief bottle washer; [...]
The starting point of all achievement is desire. Not a hope, not a wish but a pulsating desire. Oscar Wilde famously said “we are all in the gutter, but some of us are looking at the stars”. Similarly you may be down and out financially right now but your thoughts could be those of a [...]