CashFlow - The Forgotten Asset

Cashflow  - The Forgotten Asset.

When we think of assets, what usually comes to mind is: house, car, material possessions such as household property, money, jewelery, coin or stamp collections, etc.  What about Cashflow?

Cashflow Quadrant Rich Dad's Guide to Financial Freedom

Cashflow is defined as cash coming in (as income) and cash going out (as expenses).  If you had a lot of cash flowing into your bank account, that would be a definite asset wouldn't it?

It is the direction of cashflow that determines whether something is income, expenses, assets or liabilities.

And it is YOU that determines by your choices what direction the cash will flow. 

I recommend Robert Kiyosaki's book, "Cashflow Quadrant - Rich Dad's Guide to Financial Freedom" for good instruction on how to become financially literate and map out your financial future.

Upon completing Kiyosaki's book, you will find yourself inspired to start an online home based business as a cashflow solution!  Wouldn't that compliment financial change in your life in the new Information Age?

What's important is that you take action.

Create the right assets.  Cash in Big Now - start an online home based business to get the currency going in the right direction folks!   :)

Cashflow, the forgotten asset no longer!

Doris 

P.S. - The riskiest decision is not making a decision at all.  Procrastination is the bridge between where you are and your dreams.  Get in now.

Ten Tax Tips for Entrepreneurs - Tax affairs reviewed by Doris Hullett

I posted in Hubpages on some easy reminders of how to make your life simpler with some organizers...

 Day Planner with time increments to make your life easier - photo by Doris 

 

Click below to access the information that could save you a TON of grief come tax time ...

http://createawonderfullife.com

Just implement the few simple strategies and be a happy, stress-free entrepreneur!

Grow My Money & Wealth Building Tips

"Grow My Money & Wealth Building Tips...Mindset Tips Made Reality,"

                                 Grow My Money and Wealth Building Tips

Every choice comes with a price.  Successful people focus more on the value or "worth" of an item in their lives than they do on the "price."

They consider it an Investment rather than a cost or expense.

Try shifting your money mindset in a more positive direction and powerful outcome by making a list of things you are willing to give up in the short-term in order to achieve your long-term wealth objectives below:


l. Fill in the blanks here (Example: Paying off my home)
2. (Example: Paying off College Debt for yourself, or your children)
3. (Example: Desiring to travel within the next year)



What matters most to you? Your home, college for your children, travel, or retirement?  Are you willing to set aside luxury spending to invest in your goals?

If you're not sure how or where to start, then financially educating yourself on creating extra income, and learning about current trends would be of value to you.

Create the financial freedom that serves your needs by mindset and new habits.

Grow your money & actually practice these wealth building tips.

Doris

7 WealthBuilder Tips to Protect You and Your Money

7 WealthBuilder Tips to Protect You and Your Money -

      Don’t ever be afraid to ask questions to your financial advisor; get your questions answered and most importantly, begin educating yourself with financial education.

      If you feel uncomfortable, pressured or intimidated by an adviser, don’t  submit to feeling bad; go by your gut feeling.

      Get second opinions; not everyone is an expert in everything.

      Be sure to get documentation and not rely on a verbal contract…the good old days have been replaced with a new culture.  Get what you need documented!

       Always read documents; do not sign without understanding what you have read.  If you don’t understand something, it would be better to feel safe by checking with a lawyer beforehand, not after wards. I repeat, Do NOT Sign your name to something if you find yourself hesitating.

      Check out your investment adviser or broker salesperson before you give them your money. Due diligence on your part is required; it is ultimately your responsibility for your decisions.

      Don’t allow yourself to feel rushed with any important decisions.  Sleep on your decision; don’t feel loss…waiting could be your gain, and if anything, your peace of mind. 

Protect yourself and your money with these 7 WealthBuilder Tips.

Mission of WealthBuilder Journal

Welcome to WealthBuilder Journal. The purpose of this blog is to encourage individuals about building their wealth in these globally-challenging  economic times.

My mission is to empower individuals and entrepreneurs to create success on their own terms and achieve true freedom in their lives.

There has never been a better time to own your own business -- especially as corporate America downsizes, and the layoffs are shockingly plentiful.  The good news is that...

America Runs on Small Business -

...and that there are hundreds of thousands of home based, micro-businesses now, and more growth is anticipated!


Let's move forward with the best knowledge and information we have, and make sound decisions to benefit our families, loved ones, and ourselves.