Almost any expense can be deductible under the right circumstances. This includes things like food, entertainment and travel—even your house. But first, you must know your facts. In the U.S., the tax law requires each business deduction to meet three requirements. Must ...
https://www.richdad.com/two-rules-to-put-money-back-in-your-pocket
12/10/2018 9:13:42 PM
It’s no secret that most businesses don’t make it. Some studies show that three out of ten businesses don’t make it with in the first year and ultimately 9 out of 10 fail within ten years. Thankfully, our Journey Healing Center was one of them that made it but not without se...
https://www.richdad.com/systems-to-expand
11/11/2019 6:00:18 PM
Summary Being a successful investor doesn’t require having cash on hand There are many ways to raise capital There are four main factors to building confidence in your investors Let’s say you have an opportunity to purchase an old, but ...
https://www.richdad.com/raising-capital-entrepreneurs-ultimate-guide
10/30/2014 4:06:59 PM
I’ve frequently written about how savers are losers . And it’s true. In an economy that runs on debt and thrives on inflation ( which is red hot while I write this ), there is nothing more financially dangerous than thinking your savings will provide a secure financial futu...
https://www.richdad.com/how-to-make-time
3/13/2018 7:00:00 AM
Summary Business and investing are team sports - which is why you need the right tax advisor A good tax advisor can also prepare your tax returns Only YOU can reduce your taxes With tax season around the corner, you may be asking yourse...
https://www.richdad.com/hire-right-tax-advisor
1/20/2020 5:27:40 PM
Why the rich get richer and the poor are getting poorer Summary The rules of money have changed from our parents' generations - and their advice won’t work, either Understanding the new rules of money is the key to thriving in today’s world T...
https://www.richdad.com/cashflow-quadrant-fundamentals
6/14/2011 7:00:08 AM
Summary The key to getting rich is understanding the difference between an asset and liability The rich have assets that generate consistent cash flow Don’t rely on the dollar - use your financial education to get rich Check out the bel...
https://www.richdad.com/fake-assets
4/30/2019 7:00:59 AM
Creating a new business is fun, exciting, challenging and requires you to do all the work. The dividing line between successful entrepreneurs and dreamers are those who actually do the work. That’s where all the learning takes place. But being successful isn’t just about lea...
https://www.richdad.com/attract-the-funding-you-need
9/26/2018 7:00:10 AM
Summary Knowing the difference between passive income vs earned income is crucial for becoming rich Passive income comes from cash flowing assets, not your 9-5 Turn your earned income into passive income by adopting these simple strategies ...
https://www.richdad.com/passive-vs-earned-income
6/17/2019 7:47:18 PM
It's the time of year when money is on everyone's mind. After all, Gallup.com estimates that the average American will spend over $900 on Christmas gifts this year. And if you're like the average American, you don't have that extra money to spend. You're probably going to ...
https://www.richdad.com/3-christmas-money-moves
12/13/2016 6:59:03 AM
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