Good tenants are the key to successful rental property. You want them to take care of your property as though it was their own, pay you on time, and leave the property in the same shape in which they found it. Right? So how do you find the perfect tenant? And then how do you [...]

Have you ever come across an ad for a product or service that prompted you to say: “Hey! That was my idea!” So why didn’t you act on that great idea? Didn’t know where to start? If so, here is a step-by-step guide to bringing your product or service from imagination to reality. Ask yourself [...]

The two main areas of consideration when choosing a type of business entity are legal and taxation. For legal purposes, do you need to protect your assets from judgments that may arise from lawsuits against your company? Is it important to you that your business continues if you no longer actively participate in it? Because [...]

There are two ways to increase your net worth: increase the assets or decrease the liabilities. The characters have already discussed the primary techniques to accomplish this goal. Increase Your Assets Take advantage of your employer’s retirement plan matching, plus contribute as much as you can above the match amount. Establish an emergency fund of [...]

These are my favorites. They’re easy, simple, and many have other benefits besides saving money. Swap stuff. Especially stuff you only use periodically like painting materials. Turn off the television. Save electricity; avoid enticing ads to buy stuff; spend quality time with your family and friends. Invite friends over instead of going out. Rotate houses; [...]

Everyone can do something of value that can be marketed, that can generate income. Everybody has a story to tell that could help someone else, a service to offer that could benefit someone or a product someone could use. How do you discover your hidden treasure? Figure out what interests you. In Jade’s case, she [...]

Could you relate to how Jade, Marla, Rita and Lori felt about their cash flow situations? Too much month left at the end of the money? Don’t be discouraged. Get out your pencil and calculator and let’s see what you can do. Income. What can you do to increase your income? Could you teach a [...]