Cashflow Blog

Money alone does not solve your money problems — financial intelligence does.

This is according to world best selling author Robert Kiyosaki, who will be in the country next week to promote his new book Increase Your Financial IQ.

In his book he says it is not the love of money that is evil, but the lack of it that causes evil. With the current high interest rates and soaring petrol and food prices, many consumers are finding it difficult to service their debts.

According to online money advice company www.justmoney.co.za South Africans use as much as 75 percent of their income to service debt.

The old adage, “knowledge is power”, has never been more relevant now as many people are selling their homes and cars to survive.

A recent survey by www.justmoney.co.za shows South Africans are cutting back on partying and eating out, by as much as 40 percent, as they watch their pennies.

Trim the Fat Off Your Spending

Getting out of a financial pickle is as easy as getting in it. It starts with changing your habits. Start by cutting out luxuries.

~ Abdul Milazi

Excerpt from:
Financial freedom is not impossible

By  Andrew Bake

Business may be defined as an act of transaction between goods and money. A business can never be flourished without strong financial base. Most commonly, business run on credit. Manufacturing of goods, shipment and payment to the employee all are done prior to the payment released by party.
A secured business loan ensures the smooth running of the company and bridge the gap of time between supply of the goods and its payment.

The loan can be used to renovate your existing business, purchasing machinery, payment of registration process, to uplift the operational structure of the company and so on. In case you are looking for expansion of business then the secured business loan can be used to set up the new firm, work on the strategy of wages of employs. The loans can be used for the working capital of business needs that may require purchase of raw material. Even the secured business loan can be picked to repay your earlier debts.

In order to avail secured business loan, you need to put your business premises or home or any other property as collateral against the loan amount.
Secured business loan provides you multiple benefits. These are:

• Low rate of interest:

• Easy repayments

• Big finance amount

• Smaller and flexible installments to suit your business exigencies

• Easy availability of loan

If your credit is not good then still, you can avail the privilege of this loan.
The loan gives you opportunity to mend your credit status together.

There are many credit unions, financial institutions and prominent lenders available online. Visit and collect different loan quote. Compare them in terms of repayment tenure, amount and rate of interest. This will give you an idea about the prevailing market trend to get a fair deal.

Before opting for secured business loan, a proper financial planning is important. A wise and efficient businessman will always plan a project or assess his requirements for which he wants to avail the loan. A wise planning will keep your budget under control beside growth in business.

Andrew Baker has done his masters in finance from CPIT. He is engaged in providing free, professional, and independent advice to the residents of the UK. He works for the UK Finance World for any type of loans as [http://www.ukfinanceworld.co.uk/uk_secured_buss_loan.html]Secured Business Loan, personal loans, loan, loans, unsecured loans please visit http://www.ukfinanceworld.co.uk/

Read the original:
Secured Business Loan - Give Momentum to Your Business

By Gaston Castro

In today’s marketplace there are many ways for a person to get money for a business they might want to start. They can go to their friends and relatives for money or they can pull out a personal line of credit in order to fund their business. There are many other options available as well, one of which is known as the business loan.

A business loan is a loan that is given out to an incorporated business by a bank, credit union or other financial institution. Rather than you being liable for the loan as you would be with a bank line of credit, the corporation that you have just created is the one responsible for the repayment of the loan. There are many advantages inherent to the use of business loans for your company and some of these advantages are discussed below.

Liability

Perhaps the most obvious advantage of a business loan is that quite often you will not be held liable for paying the loan back. Because a business loan is made to a corporate entity, if the corporate entity goes belly up and is unable to pay the loan, then the corporation will be liquidated in order to help pay part of it back. The corporation is the one that goes bankrupt rather than you personally.

The lack of personal liability with business loans gives you a lot of freedom when it comes to managing your business. You have the freedom to take some chances and go out on a limb and in the case of many people in the past, that freedom has led to decisions that have proven extremely prosperous for the company. The mindset when no personal liability is present is completely different and that is definitely the most powerful advantage of a business loan.

Size

Another important advantage to business loans is that the size of the loan is often going to be larger. If you have good credit, chances are that you can get a line of credit from a bank worth around $10,000. While this is a large amount of money, there are some businesses that require loans far in excess of that amount. If you incorporate your business and go after a business loan however, you can get loans that are easily 10 to 25 times that amount. Business loans are serious and if you go after them you will get serious money in return.

Motivation

There are many people in the world today that love to talk about motivation. They love to point to the different things that motivate someone and how a positive mindset of good feelings can lead to hire energy levels and motivation. Well, something else that leads to motivation is the feeling of self-confidence that comes from knowing that other people believe in your ability to succeed.

Well, that belief is something that is part of the deal when you are given a business loan. With the loan is the implication that the other party believes you are going to succeed in your business and be able to pay the loan back. There are few things in the world that can provide as good a motivating factor as a successfully obtained business loan.

Gaston C. writes articles about [http://www.cashprior.com/business_loans.php]Business Loans and [http://www.cashprior.com/small_business_loans.php]Small Business Loans for Merchant Resources International.

Original post:
The Advantages of a Business Loan

Robert Kiyosaki on KTLA News on real estate.

More:
Robert Kiyosaki on KTLA News

Robert Kiyosaki explains why many commonly held truths about managing money are obsolete. In their place, he offers financial solutions anyone can follow.

“Investing,” he points out, “is not risky, but following bad investment advice is.

* Your future is created by what you do today, not tomorrow

* The size of your success is measured by the strength of your desire; the size of your dream; and how you handle disappointment along the way.

* The only difference between a rich person and poor person is how they use their time

* Academic qualifications are important and so is financial education. They’re both important and schools are forgetting one of them.

* The poor, the unsuccessful, the unhappy, the unhealthy are the ones who use the word tomorrow the most

* I have a problem with too much money. I can’t reinvest it fast enough, and because I reinvest it, more money comes in. Yes, the rich do get richer.

* Do today what you want for your tomorrows

* Tomorrows only exist in the minds of dreamers and losers

* The most life-destroying word of all is the word tomorrow

* A lot of people are afraid to tell the truth, to say no. That’s where toughness comes into play. Toughness is not being a bully. It’s having backbone.

* Money is kind of a base subject. Like water, food, air and housing, it affects everything, yet for some reason the world of academics thinks it’s a subject below their social standing

* We go to school to learn to work hard for money. I write books and create products that teach people how to have money work hard for them.

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