Personal Finance , ,

How Diverse Streams of Work Can Help You Keep Your Cash Flowing

Here is a different approach to financial security that you might not have thought of: Imagine a full time job is like a large flowing river of income. With this one source, you have all of the financial flow that you could possibly need, and your expenses are covered in comfort. However, what about when something happens and the river ceases to flow? Your industry could experience a drought, or you could lose your job, causing the flow of that river of income to be dammed up forever.Since you only relied on one source of income, now that it has…
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Personal Finance , , , ,

Five Things to Do With a Windfall Other Than Spend It Right Away!

Perhaps you have won the lottery, received an inheritance, or cashed in one of your investments, and now you have a large sum of money you don’t know what to do with. Although it is tempting to cruise around town in a brand new sports car it is important to think carefully about how to spend your newfound cash. To give you some ideas on the smartest way to use your new wealth, here are five things to do with a windfall other than spend it right away: 1. Erase Your Debt Your newfound money will allow you to clear…
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Personal Finance , ,

How Diverse Streams of Work Can Help You Keep the Money Flowing In

  Here is a different approach to financial security that you might not have thought of:  Imagine a fulltime job is like a large flowing river of income. With this one source, you have all of the financial flow that you could possibly need, and your expenses are covered in comfort. However, what about when something happens and the river ceases to flow? Your industry could experience a drought, or you could lose your job, causing the flow of that river of income to be dammed up forever.  Since you only relied on one source of income, now that it…
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