Understanding the basics of money principles is always a great place to start making your life… Financially Simple.

June 14, 2022

Wealth Accumulation: An Introduction to The Wealth Game

Imagine trying to play a game without knowing the rules or even the basic objective of the game. Chances are, you wouldn’t perform very well. Without knowing the game’s basic rules and how it’s played, you’re at a major disadvantage compared to those who are well-versed in it. Yet, this is exactly what is taking place in every city across the planet. We’re all playing the wealth game. But most of us don’t understand the rules. Some people aren’t even aware that wealth accumulation is a game. I don’t like seeing people struggle needlessly. That’s why today’s entry is introducing the concept of wealth accumulation as a game.
November 29, 2021

What Happens to Cash When Selling a Business?

Selling a business is a wonderful and exciting thing. You’ve worked for years, even decades, to grow your business to be a valuable and attractive commodity, and now, your hard work is paying off. But there are so many moving pieces involved in the sale of a business that there are bound to be many questions. One of the things I commonly get asked about is, what happens to cash when selling a business? Join me as I explain how the sale of your business might impact its cash accounts.
June 18, 2021

Inflation is Coming… What Does It Mean for Small Business?

There is a dark cloud floating around the business sphere right now. It has been discussed in every major board room. I’ve even had a few business owners reach out to me with their concerns. It is no longer lurking around the corner, keeping many business owners on edge. But what can you do to mitigate the damage done to you and your business? Join me, as I take an in-depth look at rising inflation and what it means for your business.
February 1, 2021

How Much Disability Insurance Does A Business Owner Need?

Chances are pretty good that you know someone that is living with some type of disability. It might even be you. You see, disabilities are just part of life. That’s why having disability insurance is so important. We never know if or when we could become disabled and find ourselves unable to work. But how much disability insurance do we need? That’s the question I will seek to answer with today’s post.
January 28, 2021

How Much Life Insurance Does a Business Owner Need?

If you have followed me for a little while, then you know that I am a big proponent of insurance. Life comes at us fast and we just never know when disaster may strike. Therefore, it’s just good practice to protect ourselves as much as possible. In today’s post, I want to talk about life insurance. Providing a source of income for your loved ones after you’re gone is one of the most loving things anyone can do. But how much life insurance do we need? It might not be what you think.
January 26, 2021

How Much Should Business Owners Pay for a House?

Many of us want to own our own homes. I mean, isn’t that part of the American dream? The white picket fence, tire swing, two cars, apple pie, and a dog are all a part of the idyllic American lifestyle. Owning your own home is a good goal to have. But how much should business owners pay for a house? This is the question that I seek to answer with today’s post.
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