5 Steps To Be Your Own Mogul – Part 1
Why not take some financial pointers from the business world and apply them to your personal finances? Whether you are a party of one or a family of four, it pays to be fiscally agile. Some of the longest financial plays in the business world today are small businesses that perennially stay afloat and drive their successes through careful planning and conservative financial forecasting. Why can't these principles be applied to your personal financial life too?
1. Determine who your trusted advisors are
Major corporations rely on the skills and experience of a board of directors and you may be asking yourself, "Well, where am I going to round up 10 people to form my own personal board of directors"? Don't worry – you don't have to. It doesn't matter if you are managing the budget of one or a much larger family unit. The real value in making an appraisal like the services rendered by a corporate board of directors is to shed light on where you ...
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