June 9th, 2008
Personal Finance Advice for Young Entrepreneurs
by Michael Posted in Making Money OnlinePersonal Finance Advice
Came across this article by Seth Godin today: personal finance advice
Very impressive - and represents a lot of my own views on how to manage money (well, at least personally). It can be different for a business, depending on gearing, risk and what money may be at risk.
Go read the article - personal finance advice
In short Seth says:
Only borrow money to pay for things that increase in value.
It’s a short list: your business, your house and your education, mostly. Stocks if you’re smarter than me. That’s pretty much it.
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Great advice. I certainly agree!
Thanks for the article!
~Jonathan
Yes, you are right this time too.
Agree ~~~
Zak.
Yeah, Good Advice!
this is some great advice for those staring out!
Thank you guys for posting that article because it was definately an eye opener for my financial mistakes. Keep on teaching.
Been there, done that. I just did it with PB&J and Ramens (not beans and rice). It works.
this is great information for those who are just starting out !