Cash Flow Business Cash Flow – Is Your Business Healthy?

Business Cash Flow – Is Your Business Healthy?

…I was in a training this afternoon at my Bank and it was all on Business Cash Flow…

…it was really interesting to see how businesses handle their accounting, and how to interpret their financial statements and tax returns…

What Makes Healthy Cash Flow?

…and what makes a business healthy…

…like blood circulating through a body, the sign of a businesses health is the cash flow…

…our instructor said that Cash Is King, and cash is what a business will use to pay back their loan…

…so in order to figure out the cash flow, we had to take the Net Income and then add in things that are taken out for tax purposes (amortization, depreciation…) to get a company’s true cash flow…

…also need to subtract out various expenses…

Exercises What is Your Vision of Financial Freedom?

What is Your Vision of Financial Freedom?

…it’s important to visualize what financial freedom means to you…

…it’s the first step to attaining it!

…if you are like me then you spend your time outdoors a lot, at the beach, hiking, biking, surfing, swimming and running…

…also, I like participating in sporting events like races…

…I also like just relaxing with my family at home in the evenings, watching Agape or a movie, playing with our son Jordan…

…I also really love my one hour of blogging and growing my business, and my weekly masterminds on how to serve more and more people…

…my idea of financial freedom also is time to myself reading, listening to audios, watching tutorials and learning new things on personal development, investing, business and internet marketing…

…occasionally we go out and visit other places (though I love Hawaii so much, I like staying here!)…

…I also like home cooking, it just tastes better and is better so I would rotate cooking with my Mom and friends who like to cook…
…what is your vision of financial freedom?

…what will you be doing?

…where will you live?

…would you live by the beach like us, or in the mountains, or in the praries?

…what is your vision?

Exercises Wealth Meditation

Wealth Meditation

….Mey here on a lovely Thursday evening, beautiful breeze coming in through my window from the mauka side of the Island and truly grateful to be alive and sharing with you tonight a Wealth Meditation…

…I read this last night in the book You Can Heal Your Life (Gift Edition) by Louise Hay…

…in it she talks about how to bring wealth, health and happiness into our lives…

…and she shares a Wealth Meditation…

…here it goes…

Exercises How To Use The Law of Increasing Returns

How To Use The Law of Increasing Returns

Mey here on a Wednesday afternoon, it’s a breezy nice day here in Honolulu and today’s blog is about How To Use The Law of Increasing Returns…

What is the Law of Increasing Returns?

…I don’t know about you, but I love learning about Laws…

…once I learn a law then I can use it and make the results that I want happen in my life…

…so what is The Law of Increasing Returns?

…I learned this one from The Law of Success In Sixteen Lessons by Napoleon Hill…

…in it he talks about The Law of Increasing Returns by describing a metaphor with growing wheat…

“The farmer carefully prepares the ground, then sows his wheat and waits while the Law of Increasing Returns brings back the seed he has sown, plus a many-fold increase.

(…)

With this vital “tip” from Nature, which we may gather from the wheat fields, let us proceed to appropriate this Law of Increasing Returns and learn how to apply it to the service we render, to the end that it may yield returns in excess of and out of proportion to the effort put forth.” Napoleon Hill

21 Day Blogging Challenge How Fast Can I Double My Investment? The Rule of 72 for Dummies…

How Fast Can I Double My Investment? The Rule of 72 for Dummies…

…so how fast can I double my investment and can someone please explain the Rule of 72 in a simple way….for dummies?

…here is the explanation that you are looking for, and you can find some really nifty calculators HERE…

…I think we all know that money grows faster at higher interest rates yes?

…so if we are going to put money in a savings account or a bond, we want to have the highest rate possible (in this rate environment it will probably be around 2% max)…

…now, if we owe money, we want to lowest rate possible, so that we can pay the least amount of interest…

…however, did you know that there is a rule that allows you to calculate how many years it will take for your money to double and a certain interest rate?

Planning and Action Your Weekly Financial Freedom Checklist

Your Weekly Financial Freedom Checklist

…Mey here on a warm Saturday evening with a quick Financial Freedom checklist for you…

…go through and check off the what you have accomplished this week towards your financial freedom:

1) Did you save at least 10% of everything you made?

2) Did you protect your savings and keep it there?

3) Do you know what your Net Worth is?

4) Did your Net Worth increase?

5) Did you take time to think about what you are grateful for?

6) Did you forgive those who hurt you , including yourself?

7) Did you learn something new about Financial Freedom this week?

8) Do you have support for your Financial freedom goal?

Planning and Action Are You Speaking The Language of the Financially Free?

Are You Speaking The Language of the Financially Free?

Mey here on a warm Thursday evening in Honolulu Hawaii asking the question Are You Speaking The Language of the Financially Free?

…the words we say to ourselves and others are extremely powerful…

…they can give courage, strength, and energy instantly…

…they can manifest any destiny that we choose…

…and yet, what language are you using and are you speaking the language of the Financially Free?

Mastermind What Is a Mastermind and How Can It Make You Free?

What Is a Mastermind and How Can It Make You Free?

…Mey here on a breezy Wednesday afternoon, and it smells like the entire ocean is in my room, as I answer the question What Is a Mastermind and How Can It Make You Free?

…this is an extremely important question because behind every successful person is a powerful mastermind…

…so read on the learn more about how you can make one to set you free!

Mindset Will Making $50,000/mo Make You Financially Free?

Will Making $50,000/mo Make You Financially Free?

…Mey here on a beautiful Tuesday evening, listening to the crickets singing outside my window here in Honolulu, Hawaii, writing today on the question Will Making $50,000/mo Make You Financially Free?

…I asked this question to a couple of young security guards today at Ala Moana Mall and their answer was “Of course, that a lot of money!!!”…

…well, sit tight and get ready for some real life stories that may change your thoughts on this question…