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Everyone has a different personality, so is everyone's way of earning money. Then how to know each of the characteristics in the cash flow quadrant? Let's look at some of the differences between characteristics in business type S and business type B. One way that can be done to make money is to start your own business. Many people choose type B (business owner) or type S (casual worker). Each has its own advantages and disadvantages and none can be judged better than others. Through this article, My Finances will explain some of the differences between business type S and type B to deepen your understanding in cash flow quadrant . System Differences One significant difference between business types S and B is on the system. Individual B can leave their business for a year and may find his business has grown rapidly when he returns, but not for individual S. Individual S is the system itself, so if he leaves his business for a year, chances are that the business has...

Did you know about venture capital for a startup business? Get to know before you start a startup business , who knows can help you in running the business. The following reviews will be discussed by my finance team. Understanding Venture Capital Companies Is a non-bank financial institution that dares to invest where the investment contains a high risk. This decision is made with a variety of considerations of course and this is in accordance with the intent and purpose of the establishment of the company, which is investing in a business that contains high risk. Peter Thiel writes in his book "Zero to One" stating that venture capitalists seek to identify, fund and earn profits from promising new companies. They collect money from institutions and wealthy people, then put them in a container and invest the money in technology companies that they believe will increase in value. The profit they usually take is 20%. A venture fund will make a profit when companies i...

Before beginning our steps by recognizing and mastering the property's main property expertise, let us intend ourselves with a truly strong belief: "I am a property investor ." This determination is important because I believe that dreams and focused thoughts will have a major impact on our success. Thanks to the power of focusing on the dream, success in owning a property asset portfolio will generate passive income. This also applies in many other ways such as business, lifestyle, the desire for cars and so forth. Here are 6 key expertise in property investors. # 1 Expertise to Getting Hot Deal What is a hot deal? Property transactions that include hot deals are potentially profitable. Property prices in these transactions are well below market rates, get higher valuations from banks, and already have their own income, either from leases or contracts. Income from this property is able to cover all operational costs and installments to the bank. In fact we al...

Credit cards can result in people being in debt because of their large interest if they do not pay their bills on time. However, even so, many claim that credit cards can be useful at times, for example in times of emergency where the owner has no more funds. This is often the question, is it permissible if a credit card is used for emergency funds? Are Credit Cards Allowed for Emergency Funds? Before we answer that, it helps us to equate perceptions about emergency funds. Emergency Fund is a fund that we deliberately save to be used at a critical time, which is related to one's survival. Emergency funds are indispensable because in life a lot of unexpected risks can happen. In the science of financial planning, emergency funds have two main functions: A reserved fund, such as a reserve fund in case of termination of employment. Unexpected expenses, medical expenses due to illness or accident. Usually, people who use credit cards for emergency funds are people who do ...

Cashflow Quadrant by Robert T. Kiyosaki is not just a quadrant but is able to distinguish some of the ways a person earns money. One quadrant that usually will be taken by all individuals is quadrant I (Investor). But how to invest without being an investor ? Let's see how Robert T. Kiyosaki invests without having to move to quadrant I. Compulsory Taking Risks Changes in defined benefit pension plans into a defined contribution force many people to become investors. The majority of people are forced to undergo the stage as investors when arriving at retirement age. Similarly, individuals in the E quadrant (employee) and S (casual worker) are generally more concerned with security than taking risks. Unfortunately, quadrant I (investor) requires all individuals to release their sense of security and play with risk factors. However, my finances will explain the solution to investing like an expert investor without having to be an investor. Economic Revolution When there is ...

Who has a dream of traveling around the world? Relax it, it's not a fancy dream! It becomes your motivation and encouragement in your work. Perhaps some of you dreaming that age 32 should have finished traveling around Asia, the age of 40 should have gone wrong with America and so on. Or maybe you specify a destination at random. But, do you know, there are 10 jobs that are suitable for you who like traveling, what are they? # 1 Travel Blogger By becoming a travel blogger, you can be an eye for friends out there who have not had the opportunity to visit a destination you've visited. Travel bloggers are usually those who like writing and traveling. Here you are more telling your experience while in the destination. There are also many that you can discuss on your blog, such as accommodation, culinary, transportation in the city or maybe any tourist attractions that you visit during the destination. # 2 Article Writer The difference with blogger travel , the...

Our inner imagination can shape everything that will happen in this life. Did you know about visualization techniques taught by Charles F. Hannel in his book The Master Key System in 1912? Visualization technique is a technique that works through the power of one's imagination. If you are shaping the imagination in your mind, then the thing you think is what will happen in your life. If you are imagining that you own a mansion, then that is what will happen. Then when you think about a difficulty that will happen, then the difficulty will happen. Whatever imagination is in your mind right now, both positive and negative, it will happen in your real life. How to Use Visualization Technique Properly Suppose you want a new motor. Use your time to use the following visualization techniques: Close your eyes and take your time to keep quiet in a quiet place so you can focus your thoughts. If you have a picture of the motor you want, imagine you are using the motor and feel you...

Before deciding to make a submission, it helps you know first how to use it properly so you do not get caught up in financial problems that will complicate you in the future. Here are some ways you can make the use of your credit card can be used properly and as well as possible. # 1 Pay Attention to Your Credit Card Usage We recommend that you use it as much as you can afford. Pay attention to your credit card usage and use up to a maximum of only 30% of your limit. # 2 Make Considerations Before Using Large Purchases If you are planning to buy something with a fairly high nominal, try to reconsider and do not rush to make a decision. You can take a thinking time of at least one day to see if you really need the purchase or just want it. # 3 Revisit your Bill Though rare, always review your bill for a month and check that your time and the purchase amount is what you did. If there is a transaction you do not know, immediately confirm to your credit card provi...

Jack Miller reveals that many people want to be an investor but not all of them are really an investor. They are just average speculators who are hoping to earn money. Before stepping into a property investor , various types of business in the field of property you need to know first, If you go straight without information and knowledge about some types that will be described below, then you can go wrong and not be a true investor. There are at least 3 different types of players with each other in the world of property investment. There is a short-term oriented and there is also a long-term oriented. # 1 Speculator Type In various fields of business and sector, speculators do exist, including in the realm of property . They are very active in attracting property units that can be purchased and then hope through "prayer" in order to resell them at a higher price. Usually, they do not yet know the proper price when going to sell the property back. Without a mature ca...

Currently, credit card scam is increasingly widespread. Many ways are done some unscrupulous to be able to spend the credit card limit the victim. Therefore, the police are currently intensifying the socialization of anti-credit card scam. In addition to reducing the number of victims, the increasing number of credit card users over time will also increase the likelihood of crime. An example of a scam that often happens is someone who claims from a particular company with a particular interest to request data to be registered as a credit card holder without realizing it. After the number of bills piles up, then the victim realized that there are credit cards that never had to make various transactions. Although today many ways to avoid credit card scam, in fact, there are still many outstanding reports of the crime. Therefore, here are some ways that can be applied to preventive and curative efforts in confronting credit card scammers Method 1: Reject Swipe Credit Card On ...

Choosing a mutual fund is not easy, especially for beginners of mutual fund investors. My Finance Team will present it to you on how to choose the best mutual fund and match your profile. Happy reading and investing properly! Investment is believed to be a tool that can be used to gain financial freedom, such as mutual fund investments. For you, beginners of this investment may have difficulty in choosing the type of mutual fund, where investment in mutual funds will benefit you and also safe from the side of legal legality. The good news for you beginners, investment in the form of mutual funds is basically so simple. Here are some ways you need to understand in investing mutual funds. # 1 Understand Your Investment Profile and Purpose The first principle in investing that is a common understanding is high-risk high return, where profits are largely in line with the big risks you have to bear. If you want a high profit, of course, you need to prepare your mind and guts...

Market capitalization is a business term that refers to the overall price of a company that is the price a person pays if he wants to buy 100% of the company's holdings. Market capitalization is calculated by multiplying the number of outstanding shares of the company with the current stock price of the company. The Function of Market Capitalization The term market capitalization is quite commonly used in financial topics. In the world of stock investing, this term is called to describe the value of a company, but how important is the market capitalization data to be attached to a stock review? Does the market capitalization have a major influence on investors' decision-making processes by investors? Let's talk together. Market capitalization is actually the value of the company's shares circulating in the market. Please understand that the value of the firm is different from the value of the company's assets, so the market capitalization of a company do...