One of the most fundamental truths of any finite resource is that it is, well, finite. Money is one of those finite resources. Whether you live under the poverty line, or have billions of dollars at your disposal, you still have a finite amount of money to go around. In a world where we can …
The Conflict Is in You
In our financial lives, whether business or personal, there are situations that come up that appear to create conflict, whether with another person or some circumstance. Maybe there’s a client that always seems to cause you trouble. Or a boss/coworker you don’t get along with. Or you simply …
Are You a Spender or a Saver?
A few weeks ago I had been talking to my mother about how I was happy that the interest rate was increasing so much. Baffled, she asked, “Why? Doesn’t that mean you have to pay more?” Thinking about it for a moment, it clicked that she was thinking about interest on debt, whereas I had been …
Give Your Business Direction by Harnessing the Power of Pre-Paving
Does it sometimes feel as though your business isn’t going how you’d like it to? In such cases, we can feel out of control and powerless. That’s why I’m such a big believer in the law of attraction to create success. I’ve been using it for over 7 years now and have seen amazing results from …
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How to Create Financial Invulnerability — 3: Save for Your True Expenses
We all desire financial security in life. But what if it were possible to create such a sense of financial security, so much stability, that you felt practically invulnerable? That's the goal of this series, and so far we've covered how to stop living paycheck-to-paycheck, and why you need to …
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Are You Ready for the End of the Year?
Well, it’s December again — the time of last-minute shopping and otherwise preparing for the holidays. (Do you think I’ve done any shopping yet? I’ll leave that to your imagination.) But as the year winds down, there’s something else you should be thinking about as well: the end of the financial …
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The Details Matter
In finance like in almost no other area, details are vitally important. When keeping records for your business, it's so tempting to cut corners sometimes or to not pay attention to the details. It's funny because in so many other areas, I advise not to sweat the small details. I talk about …
There Are No Problems
In the area of finance and business, sometimes it seems like there are a lot of reasons to stress. Starting a business can be difficult (though it doesn't have to be). Revamping your money habits and trying to be more financially responsible can feel overwhelming and discouraging. If you've …
Take the Easy Way
We're so used to believing that it's going to require a lot of hard work to start a new business. We even often call a burgeoning business a “side hustle” (probably one of my least favorite phrases ever), believing that we have to “hustle” to make anything happen. The end result of such an …
Cash vs. Accrual Accounting: What’s the Difference?
I wanted to start a new series of videos about key financial terms you should know. I believe it’s important to know at least the basics of finance in order to manage your own situation more responsibly. The first term I’m discussing today is the difference between cash and accrual accounting. …
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