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Becoming an entrepreneur is a nerve-wracking experience. You don’t want to go into it knowing your odds of success. Only 25 percent of companies make it to the 15-year mark. Everyone else shuts down and gets wiped out.  These headline statistics, though, hide a deeper issue. It’s not just the case that the company fails. It’s also that the entrepreneur themselves gets wiped out financially. Even after ten years of hard work, many don’t have a penny to their name.  In this post, we take a look at how you can avoid getting wiped out and live the life of a business leader without running the risk of financial disaster.  Pay Yourself An Official Salary Don’t go into entrepreneurship like … Read more

Many people live in a scarcity mindset, believing that they will never have the money to do the things that they want to do in life. They think that winning big in a financial sense is something that’s way outside of their capability.  But all of this is psychological. It doesn’t actually reflect reality. Most people get rich slowly. But, you need money wins. In fact, they don’t always realize it’s happening. One day, they wake up with a million dollars in their portfolio and suddenly it dawns on them that they really do have some wealth behind them.  Big money things are, ironically, the little things that you do. It’s all about your attitude and your ability to execute. … Read more

Anyone who has ever owned a car will know full well just how much it can be a financial drain – and this is something that can be really frustrating for a lot of people. No matter what car you drive, you’ll find that there are so many ways car costs in which it tends to affect your finances. So this is something that you need to be aware of if you own a car, or if you are thinking about owning one for the first time in the near future. The question is: how can you limit how much a car costs you overall? As it happens, there are a few vital ways in which you can do this, … Read more

Making money doesn’t have to be soul-destroying, as there are many methods that you can explore which will be more rewarding than ever. Read on to find out more about ways to make money! Become a Babysitter  Being a babysitter is such a rewarding role, as you get to help out busy parents by taking care of their children. There are many reasons that someone might need a babysitter for their kids, but no matter what, when a parent finds a trustworthy and responsible babysitter it’s a huge relief. And, it’s one of the great ways to make money. It’s a good idea to find local clients in one specific area so you don’t have to travel too far, as … Read more

One of the biggest benefits of buying a used car is that annual depreciation is lower than a new vehicle. But used car prices have soared over the past year and are now 40% higher than they were this time last year. As a result, it will now cost you more than ever to become a used car owner. So, is it really worth buying a second-hand vehicle? Upfront costs  Right now, the average cost of a used car is $33,000. In 2019, it was just $17,500, so you can see how much of a jump there has been. The typical new car price has gone up too, but only by 15% to $45,000. One thing to think about is how you’ll pay … Read more

Buying and selling shares on the stock market require in-depth research about certain companies. Understanding how well these companies perform based on historical data can give advantages when it comes to making certain decisions.  If you’re a newcomer, navigating the stock market and understanding how to value shares can be overwhelming. There are so many different data sets and metrics to look at, and it can be difficult to know where to start.  However, in this article, our goal is to aid with how to value shares and accurately understand a stock’s worth. Hopefully, after finishing, you’ll be aware of the most simplified manner of establishing this value.   Are you a newcomer to the stock market or just recently gained … Read more