Category: Budgeting

Many people ask me about Passive Income. What is it? Where can they find it? But why all the interest in this topic at the moment? Well, people are looking for passive income opportunities right now; either they’ve lost their job, or are looking for additional avenues of income, perhaps their business has slowed, so…

Whenever you travel overseas for business or pleasure, a recurring problem which you may encounter would be the rising travel costs of accommodation, meals, transport and sightseeing which could add up to an enormous total sum. To save on your hard-earned money, it is paramount that you source any means possible that could help you…

Brilliant Income Club is the new name for the MLM Society, which on September 1, 2010 will become an affiliate program. Under the direction of Founder Kelly Reese, this change will offer members a 70% recurring monthly payout which is claimed to be industry leading. The program will still have the same function as a…

The steps are as follows: 1. Ignore opening and dosing cash and bank balances appearing in receipts and payments account. 2. Eliminate all items of capital receipts and payments. 3. Ascertain income of the relevant year by deducting from the total receipts the income received on account of previous and future years and by adding…

Especially in the current economy, if you manage a nonprofit, I highly encourage you to diversify your revenue sources. If you plan to stay solvent, you don’t want to over-rely on any one source of income. Having multiple streams of revenue will increase the likelihood that your business will sustain over the long term. A…

Have you wanted to set up a home worm farm, but been put off by the high cost of purchasing one of the neat “designer label” multi-tiered “vermicomposting” kits, promoted by garden centres and mail order companies? Well, let’s cut through the crap! – ITS ACTUALLY NO SECRET !!! -You can easily make your own…

• If you are going to leave a regular wage or salaried job, make sure you have 6 months to a year of living expenses, including at least $1,000 for an emergency fund. • Amend your monthly and yearly budgets. If you currently do not have any income coming in from your freelance or entrepreneurial…

The Cashflow Quadrant is essentially defining four types of income generation. As a sequel to Robert Kiyosaki’s book ‘Rich Dad, Poor Dad’, he shows that we all have income coming in from one or more of four ways. The first quadrant is ‘E’ for ‘Employee’. This is where most of us reside. We usually have…