Are You Spending Too Much? [No Savings, No Investing]

Do you you over-consume and find your bank account empty at the end of each month? If you do, you are missing out on an opportunity to Save Money which you can Invest in Cash Flowing Businesses in the Future.

Saving is an essential component to investing. After earning money its the second most important component to investing. The third component is investing in profitable businesses at the right time.

To save more, determine what expenses you require to live, determine an amount for an emergency fund and then save the rest. Each dollar you spend is a dollar that you could have invested in the future. If you invested in 5 different investments across the next 20 years and they each cash flow between $2,000 - $5,000 at the end of 20 years, you are potentially earning between $10,000 and $25,000 per month. That's the power of multiple cash flows. When you stack them on top of each other over a long period of time they start adding up to generous sums.

Recommended Book: Start with No by Jim Camp
https://www.amazon.com/Start-Negotiating-Tools-that-Pros/dp/0609608002

"""Evaluating a Business Requires Effort & Diligence, Buying a Business Requires Patience.""
--Red to Black Podcast

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