-The activity: Buy long-term care insurance to protect net worth.
The trek: Improve cash flow.
The terrain: Prosperity Quadrant I (negative cash flow; negative net worth).
Difficulty rating: Moderate
It’s not going to do you much good to build up your wealth if you let it slip through your fingers. Any number of catastrophes can occur along the way.
One
Continue reading Cash Flow: Protect Income and Assets: Long-Term Care Insurance
The activity: Manage the income stream to improve your cash flow.
The trek: Improve cash flow and use net worth to supplement income.
The terrain: Prosperity Quadrant IV (negative cash flow; positive net worth).
Difficulty rating: Moderate
Your Income Stream
Your income stream has three sources:
Income from your job;
Income from borrowing and adding to debt;
Income from tapping into your wealth.
Income
Continue reading Special Situations: Live Within Your Means: Manage the Income Stream
The activity: Manage the income stream to improve your cash flow.
The trek: Improve cash flow.
The terrain: Prosperity Quadrant I (negative cash flow; negative net worth).
Difficulty rating: Moderate
Your Income Stream
Your income stream has three sources:
Income from your job;
Income from borrowing and adding to debt;
Income from tapping into your wealth.
Income From Your Job
This source of cash is covered
Continue reading Cash Flow: Improve Income and Expenses: Manage the Income Stream
The activity: Begin your trek.
The trek: Build wealth and use prosperity to enjoy life and give back.
The terrain: Prosperity Quadrant III (positive cash flow; positive net worth).
Difficulty rating: Easy
This trek focuses on accumulating and managing wealth when cash flow and net worth are both positive. This trek also focuses on exploring how to use prosperity
Continue reading Wealth and Prosperity: Begin Your Trek to Save Money, Protect Income and Assets, Reduce Debt, Accumulate Wealth, Improve Income and Assets, Enjoy Life and Give Back
If you are in a job hunt here are some ideas to help you effectively find a job that will be good for your cash flow and good for you. To find a job that allows you to have a positive cash flow, build wealth and bring fulfillment take full advantage of the many resources
Continue reading Job Search: The Job Hunt
The Wall Street Journal on 8/27/2008 ran an article titled “The Ranks of the Ultrawealthy Grow”. The article indicates that for individuals who have net worth of $20 million or more that “the single biggest asset category by far was publicly traded stock. In second place was closely held stock.”
The article states:
“The IRS
Continue reading Generating Wealth from Stock
