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People think Finance is hard.
It’s not difficult at all.
What’s hard for some is the legal lingo that’s used to keep how simple it is a secret from the poor.
Lemme make it easier for you
It’s not difficult at all.
What’s hard for some is the legal lingo that’s used to keep how simple it is a secret from the poor.
Lemme make it easier for you
The most important thing you need to know is what a
Person Financial Statement
Assets + (Liabilities) = Financial Condition
Assets = Positives
Liabilities = (Negatives)
Focus on being more positive!
Life and finance work the same way, funny right?
Tons of lessons
Person Financial Statement
Assets + (Liabilities) = Financial Condition
Assets = Positives
Liabilities = (Negatives)
Focus on being more positive!
Life and finance work the same way, funny right?
Tons of lessons
If you focus on staying positive people will send negativity your way.
If you focus on building assets, loan offers (negatives) will come your way.
Cash in the bank = Asset
A building = Asset
Positive payment history = Asset
AKA
Credit
If you focus on building assets, loan offers (negatives) will come your way.
Cash in the bank = Asset
A building = Asset
Positive payment history = Asset
AKA
Credit
The thing with credit is, it’s a double edged sword.
When you take out a loan you have both a positive ~cash~ and a (negative) the loan payback.
You have to be very careful how and if you decide to use it.
You don’t need it.
But marketers and PR people will say you need it.
When you take out a loan you have both a positive ~cash~ and a (negative) the loan payback.
You have to be very careful how and if you decide to use it.
You don’t need it.
But marketers and PR people will say you need it.
“Credit card rewards”
“Fast track to wealth”
“Power of Leverage”
They’ll tell you all sorts of things.
If you have a great business idea you think investors care about credit?
They will look at the amount of positives you have and serve the investment on a silver platter.
“Fast track to wealth”
“Power of Leverage”
They’ll tell you all sorts of things.
If you have a great business idea you think investors care about credit?
They will look at the amount of positives you have and serve the investment on a silver platter.
But if you must use credit, you’re better off doing it under a business.
That way you get the benefit of Commercial Laws.
Laws older than the constitution.
Laws that made the founding fathers of America skip across an ocean to build a country here.
If you know you know.
That way you get the benefit of Commercial Laws.
Laws older than the constitution.
Laws that made the founding fathers of America skip across an ocean to build a country here.
If you know you know.
Your business is a shield.
Ask any lawyer to tell you about corporate veils & corporate protections.
So if you will start to take on loans (negatives) why not do it though your business.
If what your are doing is legit, you’ll be shielded.
Real the benefits and level up.
Ask any lawyer to tell you about corporate veils & corporate protections.
So if you will start to take on loans (negatives) why not do it though your business.
If what your are doing is legit, you’ll be shielded.
Real the benefits and level up.
This is why I say
A financially literate person is already rich.
They just have to adjust their cash flow.
Once you know the rules of the game, you can’t lose.
It’s like playing a game of solitaire with an undo button.
Keep playing & eventually you win.
A financially literate person is already rich.
They just have to adjust their cash flow.
Once you know the rules of the game, you can’t lose.
It’s like playing a game of solitaire with an undo button.
Keep playing & eventually you win.
The point is:
Both finance and life are the same.
Focus on the positives and you win.
Financial Positives = Assets
Life Positives = Knowledge of How to Play the Game.
I never met a person with enough of both that wasn’t doing well.
Both finance and life are the same.
Focus on the positives and you win.
Financial Positives = Assets
Life Positives = Knowledge of How to Play the Game.
I never met a person with enough of both that wasn’t doing well.
