Cashflow Blog

~ by Pocahontas ~

I’m a teacher by trade…so let’s take it back to school for a second, ladies, shall we? Raise your hand if you were ever told any of these things growing up:

“Get a good education and a college degree.”
“Work hard and move up the ladder.”
“Save your money in the bank because investing is too risky.”
“Get a good job with benefits and a pension.”

Now do any of you whose hands are up know people have done all these things but are still struggling financially?

Here’s a better question…do you think this is what the Rockerfellers or the Rothschilds are teaching their children?  Since my sistahs are without question some of the most astute women in the world, obviously you can surmise the answer to that is a resounding, “No”.

Granted we all believe in the value of a first-rate education, but just because you have X many degrees and/or letters after your name does that really guarantee your financial success?

As I said, my sistahs today are savvy enough to recognize that the wealthy are giving their kids something most people are not…and that is the “REAL” keys to financial freedom (after all, aren’t “they” the ones able to play golf at 9 am on weekdays while the rest of us grit our teeth through rush hour to go to a J-O-B? Clearly, they know something many of us do not).  

So what IS it that they teach their kids? They tell them to own their own business so they can be in total control of their time and their income. Easier said than done, you think? Well, ask yourself this, “Can you honestly say you’d want your little one to grown up and do the job you’re currently doing?” Actually, do you own your job to be able to pass it down to your kids even if you wanted to after your retire from it like you could a business?

Truth be told, most people would rather be the boss than answer to one, but they just have no clue how to make that happen. So allow me to share a few books with you that might give your “entrepreneurial spirit” a prick. First, you may want to invest in “Rich Dad, Poor Dad” and “Cashflow Quadrant” both by Robert Kiyosaki. The former will certainly change your life and the latter will definitely shed some light on the common mistake novice entrepreneurs make in distinguishing between self-employed and business owner.

One book I will highly recommend for your children if they are in middle or high school and you want to start them off right with the rules of money is “The ABCs of Making Money 4 Teens” by Alan Lysaght & Denis Cauvier. It features many inspirational stories from teens who found success yet gives your child practical advice like how to escape credit card traps, how to reduce debt, and how to invest wisely.

Arm your children with the knowledge you may not have had at their age. After all, isn’t your goal for them to have more than you were able to?

Originally posted here:
What you don?t know can hurt your kids

Why do gas stations have a $75 limit on Visa or MasterCard transactions at the pump?
According to stations owners they say they are simply following the policies of Visa and MasterCard, who won’t reimburse them more than $75 per transaction at the pump if there’s a disputed charges or fraudulent card use!

What does MasterCard say:
“It’s the merchants’ decision to limit purchases,” says Visa spokesman Paul Wilke. He adds: “Customers always have the option of paying with the card at the cash register” where its policy differs from the pump.

The $75 limit “ensures merchants and customers are protected from fraud,” says MasterCard spokesman Tristan Jordan.

Visa and MasterCard have no immediate plans to go higher. “It’s something we always look at,” Wilke says.
Thanks to the USA Today for for this lesson-Happy Friday!!

Read the rest here:
$75 Limit on Credit Card Charges for Gas

We all want to have enough money to be happy from today until the day we leave this earth.  Enough, is a carefully used word. For some people, enough is the amount of money it takes to just have what is needed, for others it means being wealthy and making a LOT of money.

In order to move from making money to wealthy, you will need to change your perception of life.

These tips to a successful life of making money and becoming wealthy will surely help.

Your mind and your money.
It is important to think about money in a more organic way if you are going to become wealthy. Money will have to be something you save and not something you spend. Being thrifty today can save that wealth for the long run.

The Smaller the Better. 
Aiming at the smallest of savings and adding up those amounts over time can be the best choice for a person wanting to be wealthy. Those smalls savings will add up over the years and as long as they are left untouched they will grow to be the wealth you desire.

The freedom of saving.
All it takes to be freedom from the financial burdens of life is saving. Saving is what people who are wealthy essentially do. So the next time you drop $20.00 on coffee or $40.00 on lunch, remember that the money you save today will buy your financial freedom tomorrow.

You are the one.
The only person that can be held accountable for your financial placement in life is YOU! You are the one that needs to make making and save money, no one else.

Think stock.
The next time you want to buy that new product on the market, stop and think stock. The product will, more than likely, be something you will not use in 10 years, but a stock in the mother company will still be growing.

Look to the champs.
The people who have already traveled the path from making money to becoming wealthy are the best ones to learn from. When finding a mentor, make sure to look beyond the glitz and glamor of celebrity life and focus on the real people of the world.

If your goal in life is to become wealthy, you can achieve that goal. All it takes is time, saving, investing, learning and more saving.

Then, if you have a little more time lying around, you can save a little more.

About the Author:
The author, Elliott Roberts, is a writer at Becomng, a Personal Development blog, covering topics ranging from Productivity to Goal Setting, plus others. Read Becomng, and evolve your life.

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Tips to a successful and wealthy life

By Erika Anaya

Every commercial venture needs free flowing capital so that all the resources can be utilised to full extent. No business owner would like to see under-utilisation of the human resources just because there was a lack of raw materials owing to cash crunch. Financial requirements in business are always urgent; more so because of the nature of the transactions that are carried out in the normal course of business. (more…)

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Act Fast To Save Your Business

By Barry Jone

Who does not want to have freedom? Who doesn’t want to be a boss of his own? Desire to win is what makes the difference. Opportunities are unlimited; what you need is to find one. There is never lack of opportunity, but lack of information about the opportunities available is what becomes a hurdle in the path of success. (more…)

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Business Startup Loan - Innovative Way To Boost Up Your Venture