Money Mastery Newsletter October 2020 If you don’t plan for emergencies, you can be blindsided by them. If followed, the ten steps outlined in the Money Mastery® program will help you prepare for, recover, and thrive when emergencies such as illness or long-term...
We all know that the FDIC is broke, right? When Obama bailed out banks with TARP (Troubled Asset Relief Program) money six years ago, the reason was because the FDIC did not have any money. Banks are supposed to pay insurance money into a fund so when a bank goes...
In business you must be creative and adjust to changes in technology and improvements or you will not survive. A good example of this is the vinyl record industry. A client of mine in Pennsylvania worked in this industry from 1974 until 1983. He denied the fact...
In business the goal is to spend less than revenue and create a profit. Profits allow debt repayments, add to the inventory, and expand marketing. But the federal government is not profit-oriented yet it still needs to create a surplus in order to repay debts,...
Today’s post is the last in a series about the profound impact the 10 Money Mastery Principles can have in your life, if you will but learn and apply them. As I mentioned in the first post in this series, Financial Principles: Lighthouses that Will Never Steer...
As Peter noted in a recent post, Keep More of Your Money by Understanding How Taxes Work, working a small side business in addition to your W-2 job can help you make more money as well as save you valuable tax dollars by deducting business expenses using Schedule C....
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