The BRRRR method is a popular and proven process of creating wealth through real estate investment and stands for buy, rehab, rent, refinance, and repeat. By using this strategy, real estate investors are able to use little to no cash to acquire properties and grow their investments over time by …
Moneying Articles and Interviews (category)
Moneying articles focus on all aspects related to business finance, including budgeting, bookkeeping, pricing strategy, insurance, and more. Since you presumably went into business to make money, knowing how to manage it effectively will help keep you in business and move you toward the profitability you seek.
Running Out of Financing Options? Here Are 4 Things that You can Do
Cash flow issues affect most new businesses, and a good portion of well-established ones as well. This may be due to the nature of the business you're in, or because of unexpected events and changing market conditions. Either way, they can be distressing, and keep a lot of business owners awake at …
How to Build Personal Wealth
Wealth is an essential element that brings a comfortable and relaxed life. Here are crucial tips to help you build a strong financial foundation that will give you financial freedom. Budget Your Money Before you spend money, create a budget to guide you on what to buy and how much you can save. …
The Advantages of Credit Unions for Businesses
No business can cope without capital. Whether you're running a simple start-up and need those initial set-up costs to get going or if you're in charge of a much bigger and better-established brand, looking to expand, it's vital to ensure that you have the cash to cover your business needs, from …
6 Tips for Creating a Retirement Plan
Creating a retirement plan can be a big decision as there are many different kinds of retirement accounts available to you. Some are very simple, such as a 401(k), while others are more complicated. Various other types of retirement plans cover the whole gamut of investments, including those that …
Understanding Short Term Stocks
Successful investment in the stock market often requires a variety of strategies. For some investments, patience is your best bet, so your portfolio might include long-term investments like real estate and stocks you keep for somewhere from 10 to 30 years. These are investments you may rely on for …