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Archives for January 2020

Do You Make a Good Living and are Actually Poor? You Probably Need to Stop Doing These 3 Things.

January 31, 2020 by Joseph Belbol

We spend so much of our time working, working, and then working some more to make a good living, but do you have anything to show for it? I don’t mean showing off, but rather having a strong financial foundation with minimal debts, savings, investments, and other valuable assets. If not, then keep reading . […]

Filed Under: Budgeting, Business, Career, College, Debt, Economy, Expenses, Financial, Investments, Real Estate, Self-Development Tagged With: Expense, Poor, Spending

How to Destroy Your Business Success in 6 Steps

January 31, 2020 by Joseph Belbol

Sometimes to be successful means to avoid doing the things that will destroy your success. It’s easy to go down the wrong path and it’s important to be aware of this. Step #1: Saddling Your Business with Debt Conventional wisdom states that there is smart debt vs. dumb debt or a similar description of two […]

Filed Under: Budgeting, Business, Debt, Employees, Expenses, Financial, Marketing, Self-Development, Time Management Tagged With: business, employees, Marketing, Sales, Success

The Differences Between How Men and Women Manage a Business

January 31, 2020 by Joseph Belbol

There are differences between how men and women manage their business, their employees, and their finances. What are these differences and does it matter? Do you really think that I am brave enough (or foolish enough) to write an article with a topic like this?! Maybe for another day. If you like what you just […]

Filed Under: Business, Career, Employees, Expenses, Financial, Investments Tagged With: business, employees, Finances, men, women

Want a Quick Productivity Increase in 3 Steps?

January 27, 2020 by Joseph Belbol

Are you trying to get things done, but don’t seem to ever get ahead? Try these out for a quick and almost instant boost to your productivity. Step #1: Stop Following the Shiny Object There is a great amount of pressure to work on the newest task at hand while ignoring all of the other […]

Filed Under: Business, Career, Employees, Self-Development, Time Management Tagged With: Calendar, productivity, Time Management

Do These 6 Things Differently than Others if You Want to Get Ahead Financially

January 25, 2020 by Joseph Belbol

Do you ever wonder what the difference is between those who get ahead and those who are constantly struggling? There is a pattern of actions that are taken repeatedly by those who get ahead, while the opposite is true of those who struggle. Action #1: Delayed Gratification The financial impact of delaying gratification for future […]

Filed Under: Budgeting, Business, Career, Debt, Employees, Expenses, Financial, Investments, Real Estate, Retirement, Self-Development Tagged With: Finances, Success

Why You Shouldn’t Sell Your First Home

January 25, 2020 by Joseph Belbol

The common scenario is this: purchase a small, starter home and then move after 5 to 10 years into another, much larger home. But is this a prudent move or are there other options? There is one, largely overlooked option, that can have a great financial impact on your finances. The option is to move […]

Filed Under: Budgeting, Debt, Expenses, Financial, Real Estate Tagged With: Debt, equity, Real estate

Are You the CEO of Your Business?

January 24, 2020 by Joseph Belbol

There are 3 phases of running a business with the ultimate phase of becoming the CEO. The first is that of an employee, the second of manager, and then CEO. Most business owners are in the first two phases and never achieve the CEO level. Why is this and what are the steps to become […]

Filed Under: Budgeting, Business, Career, Employees, Expenses, Financial, Self-Development, Time Management Tagged With: CEO, employee, growth, manager

Should You Pay an Allowance to Your Children?

January 23, 2020 by Joseph Belbol

Don’t most children just get what they want nowadays so there is no need for an allowance? Maybe for some, but I am sure that has always been said. Here are the pros, cons, and a blended approach of an allowance: Pros: Value of money: An allowance can help children to realize the value of […]

Filed Under: Budgeting, Expenses, Financial Tagged With: Allowance, budgeting, money

Which Type of Business is the Best One to Own?

January 17, 2020 by Joseph Belbol

Which type of business is the best one to own? The short answer is one that makes money, but the long answer is that it should have all or some of the following characteristics: Simple product or service: The more complex the product or service you are offering, the harder it is to operate your […]

Filed Under: Budgeting, Business, Debt, Employees, Expenses, Financial, Investments, Marketing Tagged With: business, cash, profits

5 Practical, Passive Money Making Ideas

January 9, 2020 by Joseph Belbol

There are many ways to make money that do not involve a lot of ongoing effort, and they are actually practical. Some are easier to implement than others, but all virtually require work up front to get your activity off the ground. Here are five: Rental investments: Thousands of books have been written on this […]

Filed Under: Budgeting, Business, Debt, Financial, Investments, Real Estate Tagged With: passive, Real estate, rental

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