Financial freedom
What is financial freedom? Financial freedom is a state in which, either on your own or at the household level, you are no longer dependent on your income from work. You can achieve this if: you have accumulated enough money in the form of savings, investments you get stable, predictable money not from wages but […]
Pay yourself first budget planning method
How does the firstly you pay yourself budget planning? You may have heard the term in the title several times, but for most people, it’s not clear what this type of budget means when you plan backwards to pay yourself first. What is the “pay yourself first” solution not about at all? If you first […]
The safe investment
Key question: How will your investment be safe? Investment security is the foundation of all financial planning. Just as you would not be able to build a house without a solid foundation, without it, the plans built on it will come to collapse. When you decide to invest, you do so in the hope of […]
The business plan
Highlights of the business plan A business plan allows you to keep an eye on your goals more easily and achieve it more effectively. Because without plans, you can easily get lost and just drift. What is a good business plan for? A business plan is actually a medium-term plan that breaks down the description […]
Maslow pyramid of money
How do you build stability with the Maslow pyramid? The financial Maslow pyramid, like the traditional Maslow pyramid, describes the levels of life built on each other, built one after the other. Only here from a financial point of view. Here you will need more and more money to move above, after all, you cannot […]
The road to prosperity
The road to prosperity, that is: What do you have to do to live in prosperity? Perhaps it seems logical to few people that the road to prosperity does not begin with increasing revenue. This would be because increased income would be a direct path to so-called lifestyle inflation. It is just to live a […]
The break-even
Determination and need for a break-even The break-even point in a business is when the revenue equals the expenditure.If this is not the case, then the company as a whole or just the observed part is surely will generate a loss during the year. The sooner you can achieve during production, the easier it will […]
What kind of car can I afford?
What kind of car can you afford not to get behind with it than without it? Everybody likes to drive a nice car. A car that is in a far higher category than it is possible at the time, or a poorly chosen loan, is a disadvantage for many years, even if your company doesn’t […]