A Debt Management Solution That Makes Sense
Mastering debt management is a necessary aspect of making your money work for you. A good place to start on your road to Financial Freedom is learning debt management and to begin you have to know the difference between good debt and bad debt. First let me give you some definitions:Good Debt: Any debt where the cost of the debt will be surpassed by the profits that are made by whatever it is that you took on the debt to buy is good debt.
Bad Debt: Any debt where the cost of the debt will amount to more than the profits that will be made by whatever it is that you took on the debt to buy is bad debt.
How Does Your (Business) Garden Grow?
We are blessed with rich organic soils and our garden is abundant most years. Of course, we cannot eat it all fresh - so receiving all of this bounty requires creative transformation in the form of "stocking up". This takes a lot of time - and this means hours away from my business. Conventional business wisdom says this is probably not a good idea, and early on in the adventure, I used to worry about it. No more. I have learned this actually makes me better at my business and I have discovered that there are a lot of parallels between gardening, stocking up, coaching and business...