entrepreneur

The economic decisions that you make on a daily basis have a direct impact on your financial future. Your decisions can either set you up for a nice comfortable retirement or force you to work much longer than you ever planned. If you want to get on the right track to a successful retirement then [...]

Like anything else in life, business ownership comes with ups and downs. But an entrepreneurial spirit can help you see ways around obstacles and reduce downsides of owning your own business. Entrepreneurs see opportunity where others see risk — often because they take steps to manage risk or because they define risk in different ways. [...]

Let’s face it, being a business owner requires a specific type of personality and an unmatched level of passion and drive. Not many people have what it takes to start their own business and be successful. That said, it’s doubtful anyone who owns their own business would trade it for anything. Nothing beats being your [...]

Becoming wealthy is not easy. It takes hard work, a sound strategy, and continued perseverance.  Moreover, becoming wealthy means taking action versus looking for good things to happen to you or looking elsewhere for opportunity. While there are a number of reasons or challenges to individuals becoming wealthy, in this post, I’m going to walk [...]

I’m not exactly sure when parents started giving allowances to their kids.  I wonder if that was around the same time when the tooth fairy started stock piling teeth.  However, somehow kids are introduced to the economics of life when they are just wee little humans. On the one hand, some parents say kids should [...]

Starting a business on a budget is no easy task. There’s always a product, gadget, gimmick, or location that someone’s willing to convince you that you need — the worst part is when you’re convincing yourself. After signing papers on my own space last Tuesday, I’m right in the thick of it, but got some [...]

School is about to close its doors and release kids into an extended summer vacation but with money tight for so many families around the country, many parents are fretting about what to do with the kids at home. They will be less traveling and likely more whines of boredom when money concerns limit parents [...]

Successful entrepreneurs can sometimes seem larger than life. But beneath all the lavish paychecks, titanic success stories and endless media fawning, the great businessmen of the world are normal people just like everyone else. Their lives offer lessons that can be applied to countless everyday scenarios. Below are several life lessons we can learn from [...]

Back in the 80s I walked to the YMCA with my weekly video game allowance of two quarters. That bought me one game of Asteroid and one game of Pac-man. Any idea what the difference is between Pac-man in the 80s and FooPets today? You had to pay cash up front in order to play [...]

Financial independence is a term typically used to describe a state where you have sufficient assets to live a certain lifestyle indefinitely without having to work or be employed.  Whether your income is derived from interest on savings, investment income, real estate income or something else, it really doesn’t matter.  The key is that you’re [...]