Cash-Flow is King https://youtu.be/33FAg8kGB8Y If you don’t have a plan to maintain Cash Flow at all times, you are leaving yourself open to a potential catastrophe. Cash creates flexibility and flexibility enables you to address unforeseen circumstances while also affording you the ability to take advantage of investment opportunities when they present themselves. Expecially those that …
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Opportunity Cost | Table of Contents An introduction to opportunity costs When it comes to personal finance, opportunity cost is an important concept to understand, but it isn’t something many people consider when making decisions. This is because we are conditioned to think of “costs” regarding how much money was spent on something. For example, …
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Table of Contents Insurance is all about transferring risk from a policy owner to an insurance company. Life insurance pays out a death benefit to the beneficiaries named in the policy if an insured dies. The death benefit is an effective way to create a large sum of money to replace lost economic value if …
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