Understanding the concept and general though process of a payback period is extremely important for the well being of your personal finances and wealth building efforts. At times certain numbers can deceive you by appearing more expensive (or less) than they actually are, so with that being the case, it’s always important to apply the thought exercise that I break down in this video.
Investing into the stock market for the long haul is one of the most proven ways to general wealth over time. How do you get started investing is a common (and wise) question often asked, so I walk you through the two main items you will need on the checklist.
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On the surface this real estate negotiation trick may not seem like much given the percentages are so low; however, you must keep in mind that on the bigger numbers that are part of real estate, small percentages make huge differences! This is a tactic I’ve used many times before within my real estate investing and it has literally saved me thousands of dollars.
Make an investment into your real estate education and as I explain in the video, you’ll get it paid for and then some!
It’s time to look beyond the money. Sure, a part time job may not pay huge amounts of money; however, when it comes to filling up the experience box, a part time job will pay huge in the big picture of building wealth.
I’m well aware that 0% interest loans appear attractive and like a good deal on the surface, but is that actually the case? In my view, if you approach this question from a certain angle, the answer becomes abundantly clear.
Perhaps you’ve read or heard that the stock market is forward looking. What does that actually mean? It’s a beginner concept, but we all start out as newbies to the stock market, so when it comes to investing, this general concept must be understood.
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