04/07/2017

PREVIOUS POST
Finance: Money Finance is a big word for some of us. It's a little scary. Maybe you will immediately think of "high finance." That's even more frightening. But what is the field of finance, really? Money. It is not something Bridgewater Associates would like to discuss. Okay, so the money can be a word fear, too, but is a bit more manageable because we use most often. In fact, money management is what finance is all. It can also mean getting the money for something or lending money to someone on credit. "Funding Your Dreams", they say. You can read about people with regular jobs, with ordinary lives, who manage to save and to invest their money so they can do things you really love. There is a whole book about it. Have you read "The Millionaire Next Door?" It is a good book and gives us common people go a little inspiration for our dreams. You do not have to become a millionaire, but to fund some of those dreams. Think about it. What I really would like money? Want to open a coffee shop? Self-publish your own book? Backpack in Egypt? Jewelry and sell at fairs? Painting? Whatever your dream is that it is feasible. Do the math. First you want to know about how much it will cost to finance this dream of yours. That's going to take a little research. Get on the web and find information. Call people who have done what they want and ask them out to lunch. Most of them are happy and proud to tell you how they did it. It could even make a new friend. You will be surprised in many ways. First, it can cost as much as you think to start. Secondly, once you start thinking in new directions,...

Recent Comments