What is the difference between appreciating assets and depreciating assets? Do you understand this concept? If so then it can drastically change your financial outlook. Not understanding it…or at least not respecting it, can leave you broke and living paycheck to paycheck.

It’s that important. [Read more…]

How much does it cost to start your own business as we enter 2023? Clearly this will depend on what business you’re starting, so let’s look into what the costs are for different business models. We’ll go through this tier by tier to see what could be possible to help get out of the rat race.

To be fair, you can start a business for less than $100 but more time will be required as opposed to capital. I don’t think it’s any surprise that the more money you have up front the easier it is to get going.

Some people have very little up front to get started and that’s why we will look at various business models within different tiers. This means that literally anybody can have their own business up and running depending on where they fall. [Read more…]