Finance Masterclass
The simplest definition of finance is cash flow. Knowledge, just like finance, is compounded. Our effort here is to provide insights, tools and knowledge that will help benefit others in becoming financially mature.
Remember, it is risky to invest. However, it is also risky to not invest.
The 3 Levels of Personal Finance.
1. Underwater in Debt.
2. Living Paycheck to Paycheck.
3. Building Generational Wealth.
Before you get into the 3rd step of building generational wealth, you need to get past the first 2 steps. Generational wealth can really be achieved by anyone, but your lifestyle plays a huge role in that capability. Behavior has more to do with your finances than knowledge does. Your aim should be to get out of bad debt and living paycheck to paycheck before exploring the tools on this website that can really benefit you.
Taxes is something every good contributing citizen experiences. Taxes can account for a large percentage of your expenses. There is a good chance its costing you more than your mortgage. Yet billionaires are able to get away paying next to nothing. Learn some of their secrets here!
One of the most simplest ways of gaining wealth is through the stock market. Gain the tools, and knowledge to help understand ways on maximizing your wealth in the long term using different stock vehicles.
Most people exploring how to build wealth own a home. If utilized correctly real estate can be a fantastic wealth building tool.
Now this category isn’t a good one for most people unless you are able to pay off your monthly credit card statement. If you are able to pay off your credit card every month, then there can be some great opportunities to explore.