Perfection in a mail order catalog is like infinity…you can continually approach it but never quite reach it. In the case of many catalogs it is not necessary to achieve perfection or even approach it very closely in order to make the catalog vastly more profitable than it is at present. Relatively small improvements can [...]

If you were to ask 100 women “What would you like to achieve financially?” Buying a home or apartment is usually one of the answers. Some women think that they can never own a home - which is not true! In fact, there are so many success stories of home buyers who never thought they [...]

The Federal budget deficit is big and getting bigger. As you may be aware, our political leadership in both parties is not fond of cutting spending despite what they may say to voters from time to time. Since raising taxes is not popular, a decision has been made to get tough on the taxes that [...]

In light of the dominant mindset overshadowing the market these days, a breath of fresh air might be welcome. This month, we’re devoting this space to wisdom from Warren Buffett, the world’s richest investor. Buffett is a renowned value investor who follows Benjamin Graham’s timeworn principles, a standard not unlike our own focus. Alas, in [...]

Perhaps the primary message of Rich Dad, Poor Dad is increasing basic financial literacy. Perhaps I should say financial literacy for the common man and woman. The reason I say this is because the principles taught in the book are very simple–the fundamental personal finance. Some people may even say the what Kiyosaki teaches is [...]

Financial planning is an ongoing process individuals and businesses should implement by organizing all aspects of their finances. This will assist in identifying financial goals, providing a comprehensive written Financial Plan, and implementing the plan in accordance with the objectives that are most important to you.
Comprehensive financial planning should involve these areas and these specific [...]

Usually, families’ biggest asset is their house. Paying mortgage over many years provides little visible luxury that a family can feel or see. The accumulation of wealth that is converted from their monthly paychecks into the equity of their houses can only be seen on the financial statements. However, some families choose to use such [...]

If your like many, you don’t always understand what people are talking about when it comes to Taxes. It’s important to know the main tax terminology, especially when tax season comes around. Knowing the basics will make tax season less of a hassle for you, and maybe even save you some money. There are hundreds [...]

Faulty information costs you money! Which of these popular business misconceptions do you believe?
Popular Misconception #1:
“We Only Need Our Books Done Once A Year For Tax Purposes.” Are Your Accounting Records Adequate To Run Your Business?
Although it is important to keep records for tax purposes,it is not the only reason (or even the primary [...]

When you begin to write your business plan or a section within it, you probably ask yourself, “What should I talk about? What key points should I bring out that are important to potential investors?”
The best way to answer these questions is to put your business plan trial. That’s right. Think of your potential investors [...]