Financial literacy is important if you want to achieve financial freedom. We have being taught about economics, balance check books, and basic accounting in school but school never teach us how to grow our balance sheet, minding our business and money. Thus it is our own responsibility to learn about financial education if we need to succeed in [...]
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I played cash flow 101 for second time today. This time much better, not many mistakes made except a few times i over-leveraged a little in buying rental property that caused increase in expenses for bank loan payment, but turned out okay since my net cash flow was still in positive zone although decreased a [...] I had a chance to try on Cash Flow 101 today. The concept of the game is easy, make enough passive income stream to cover the expense then you are on the fast track. To make passive income stream, you could either invest on rental property or buy existing money making business, low-yield stock dividend, [...] |
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