If you have ever read Rich Dad Poor Dad by Robert Kiyosaki you learned about the 4 quadrants of income. One of the quadrants was labeled “S” for sole proprietor. Some of the business owners that fall into this category are like Doctors. Essentially it means that if you do not work then you do…
Tag: wealth
Monthly Payments
We Americans are falling into a horrible trap.The trap is thinking of our finances in the short term.We think we can afford something as long as we can pay the monthly payment; house payment, car payment, furniture payment, boat payment, credit card payment, motorcycle payment, etc.We no not consider that the financing companies are stretching…