Tag Archives: wealth building

Don’t Settle for Less – Aim Higher

Recently, I conducted a training session for sales persons from various Caribbean countries, where I outlined the budgeting techniques which would allow them to manage their income effectively. I also demonstrated how using a budget could help them to set and achieve their sales goals.

One participant from a smaller island explained that it was hard to stick to her budget because she often received widely fluctuating bills from a utility company in her country. She could pay as much as fifty per cent more on a bill, without actually increasing her usage of the service.

“How can you manage your money when your budgeted expenses are not consistent?” she asked. Continue reading Don’t Settle for Less – Aim Higher

Investing By Lending Money

When you work, you are supplying something of value which could be your time, talent or products. In exchange for your efforts, your employer or customers are willing to pay you money.

When you invest, you are actually making your money work for you; it’s as if you found a job for your money. The person or entity with which you place your investment pays for the use of your money.

There are myriad ways to invest money, but many persons fail to take advantage of them because they are intimidated by the complexities of investing. When it comes to investments, there are terminologies and procedures that you must learn just like any subject that is taught in school. Continue reading Investing By Lending Money