Financial Education

Entrepreneur Tax Advice – How to Use Business Losses Strategically

Studying entrepreneur tax advice can help you save money to invest back into your business.
Entrepreneur Tax Advice to Help You Leverage Your Losses
As an entrepreneur, it’s important that you understand that if your business loses money then you can use losses to offset income from wages, interest, dividends, and so forth. You can carry net operating losses back two years (for a refund of taxes you’ve already paid) or forward 20 years, to offset future income.

However, if these losses are generated by a “hobby”, your deduction is limited to your income from the hobby. You can’t use losses to […]

Financial Education to Help You Become a Successful Investor

Financial education is extremely important for those people who aspire to become successful investors. Before you decide to invest your money in something, try to answer the following question – What is money? In fact, everyone has his own particular answer to this interesting question. Some people say that money is freedom, while the others believe that it is independence. Money is a tool that every person in the world wants to possess. But if you treat your money in the right way, you can enjoy those advantages that it provides. But how do you know that you invest […]

8 Reasons To Invest In Silver for an Entrepreneur

There are many reasons why it is expedient to invest in silver for an entrepreneur. During global economic recession more and more people prefer to invest their money in precious metals, in gold in particular underestimating the value of silver in this way. In fact, it is much better to invest in silver if protecting your savings from inflation is your main objective. It should be pointed out that silver has been always highly valued by people. Silver has been known since ancient times. Once it was used in monetary systems of many countries till paper money came out […]

Think About Your Future Invest In Silver

Today most people all over the world try to find new ways of protecting their money and more often think about the opportunity to invest in silver. I must acknowledge that there were times when I was in the same condition not knowing what to do in order to keep my money safe and sound. Later on I realized that to invest in silver was the wisest decision I could ever make. Unstable economic situation can easily deprive people of everything they have against their will. But if you take precautions and choose the best way to protect your […]

Is It Really Beneficial To Invest In Silver

It becomes a popular tendency to invest in silver. Like many other people I think about my future, the way to keep my money and consequently grow it. Unfortunately, global recession didn’t pass me by and I know from my own experience what destructive consequences it may generate. Many times I have heard that people lose jobs, homes and almost everything they have lived and worked for. I’m sure it is wrong and something must be done with it. There must be a way out. There must be the way to preserve what we have and improve our lives. […]

Invest in Silver to Protect Your Money

More and more people decide to invest in silver. Global economic recession has made us concerned about our money. Economic downturn is rather unpredictable phenomenon that can take place any time and there is hardly a person who can prevent it from happening. We can’t prevent it, but we can prepare for it. Destructive power of the crisis always leads to awful consequences that not each country is able to cope with. Unemployment and rising prices are inevitable economic slowdown consequences. People lose their jobs, homes and all their savings.

But today there is the way to protect your money […]

Why People Choose To Invest In Silver

People all over the world try to preserve their savings and prefer to invest in silver. There is some reason why people choose this way of protecting and growing their money. Economic downturn has come into the life of every person and made the most unprepared people suffer a great deal. It is a disaster that spares no one and nothing. People lose their savings; real estate they possess loses its value making its owner even go bankrupt in some cases. Yes, these are hard times, nobody denies that. But if people knew how to prepare for that global […]

Why Invest In Silver Now

Today more and more people realize that to invest in silver is really profitable. There are many reasons for doing that. History tells us that people used to buy goods for precious metals such as silver and gold. Later on precious metals were substituted for paper money. But we can’t say for sure whether it was done for the better.

People want to become rich. They aspire to be prosperous, but sometimes lack of financial education prevents them from achieving success. It’s time to become aware of the fact that investing money in real estate cannot guarantee you stable and […]

I am not Interested in Money

Debunking Commonly Held Money Myths

Number four
“I’m Not Interested in Money!”
Money is a touchy subject for some people, and if it comes up in conversation it is often brushed to one side with a flippant “I’m not interested in Money” remark!  Feelings of inadequacy often surface when comparing one’s income with others and so it is easier (and perhaps better for some) to avoid such topics if they ever arise.  For most people money is a direct result of the job they do, and so any conversation about it will center on how much they earn from their paid job, […]

Investing is Risky

Debunking Commonly Held Money Myths

Number Three
Investing is Risky!”
How many times have you heard someone say “investing is risky”?  Someone decides to jump into the market following a hot tip, but soon after they put the money down they lose it all when the market takes an “unexpected” dip.  They got burnt once, and so they will never try it again, complaining that “Investing is Risky”.   Sure enough, for these people, investing is risky!

To better grasp my take on this topic I would like to introduce Mark Tier, author of “The Winning Investment Habits of Warren Buffett & George Soros” […]

Money Is the Root of All Evil

Debunking Commonly Held Money Myths

Number Two

By Ross Harrison
Money is the Root of Evil!”

Money is the Root of all evil” is perhaps the most touted of the money myths, and it is, in my opinion, the single most self defeating thing one can say with regards to their own potential.  It is said all too often, and as a result people with money are viewed suspiciously, despite whatever good they may be doing.  But worse than that, it keeps the people who say this in a state of lack, rather than one of abundance; it keeps the poor poor and […]

The Rich Are Greedy

Debunking Commonly Held Money Myths
Number One

The Rich Are Greedy!”
We have all heard this one, perhaps we have even been guilty of saying it, and before my eyes were opened, I may did so too… But are the rich really greedy?

I recently re-read a Robert Kiyosaki book, entitled “Increase Your Financial IQ” and in it he debunks this myth pretty well.  He was not always rich; he grew up in a poor/middle class family, and so I think he is pretty well qualified to answer this question.

In fact, he says that the poor and the middle class are the greedy […]