Prospector's Academy

[...] debt from the point of view of the debtor or rather from your point of view. For a creditor, Bad debt is a debt that cannot be recovered. Investopedia defines Bad Debt as A debt that is not [...]

[...] I have mentioned “Good Debt and Bad Debt” several times in my earlier articles. I believe I should explain more on this concept for those [...]

[...] itself is neither good nor bad. How you use and manage it makes a debt either a good debt or a bad debt. I plan to write a complete article on this subject but for now, it is one of the reasons why [...]

[...] that many would disagree. That’s because many are unfamiliar with the Good Debt and Bad Debt concept. This concept is mostly use in businesses. It’s not very well-known or popular [...]

[...] Why People Fail in MLM or Home Based Business?-Persistence Persistence is most of the times mistaken for patience. But contrary to [...]

[...] Based Business?-Persistence Why People Fail in MLM or Home Based Business?-Patience Why People Fail in MLM or Home Based Business?-Responsibility [...]

[...] Patience and you will develop a successful business! The post Why People Fail in MLM or Home Based Business?-Patience appeared first on Prospector's Academy. Related posts: Why People Fail in MLM or [...]

[...] on to nuisance. In my earlier article on Persistence as a reason of failure in MLM or home based business, I remember calling it something akin to brutal force. Persistence is more like a Blind [...]

[...] of money” concept. In my earlier posts I had mentioned that one of the best way to achieve financial freedom is to apply business principles to your personal finances. And why should you do that? [...]

[...] to change your mindset from trying to getting by in life towards being more focused towards financial freedom. As I mentioned many times in my earlier article, always come up with your own definitions [...]

[...] . It is time that you use the same technique to improve your personal finances and achieve financial freedom. Using this concept will help you plan better to achieve your financial goals. So let us [...]

[...] change the way you view your financial position and may also understand how you can achieve financial freedom. So let us get started…. What is the Value of time? Tough question. Time is actually [...]

[...] to. Knowing where your money goes is in my opinion the secret to financial freedom. Create a Financial plan: Now that you know where you stand and where to go, it is necessary to map your road to get [...]

[...] . These expenses are completely unavoidable and uncontrollable. They are a big blow to a financial plan if you are not ready in advance. The saying “Forewarned is Forearmed” suits these in the way [...]

[...] Addition We want to achieve financial freedom. We have financial goals to achieve. We have a financial plan in place. Anything we do financially is included in the financial plan. And that includes [...]

[...] finances. Use of the debt A Good Debt is always used to acquire an asset or as a part of a financial plan to achieve financial goals. A Bad debt is generally used to acquire liabilities or personal [...]

[...] How Valuable did you find this post ? The post 10 Financial Resolutions to flourish in 2015No rating results yet appeared first on Prospector's Academy. [...]

[...] Valuable did you find this post ? The post What is the difference between Price and Value?No rating results yet appeared first on Prospector's Academy. [...]

[...] rate this How Valuable did you find this post ? The post What is Present Value of Money?No rating results yet appeared first on Prospector's Academy. [...]

[...] find this post ? The post 10 Scary Reasons why you must make Financial Resolutions for 2015No rating results yet appeared first on Prospector's Academy. [...]

[...] it with others and rate the article below. And lastly, Wish you success with your journey towards financial freedom. Please rate this How Valuable did you find this post ? The post Evaluate your [...]

[...] it with others and rate the article below. And lastly, Wish you success with your journey towards financial freedom. Please rate this How Valuable did you find this post ? The post Know how much you [...]

[...] it with others and rate the article below. And lastly, Wish you success with your journey towards financial freedom. Please rate this How Valuable did you find this post ? The post What is the [...]

[...] it with others and rate the article below. And lastly, Wish you success with your journey towards financial freedom. Please rate this How Valuable did you find this post ? The post What is Time Value [...]

[...] this Republic Day the first day of out prosperous life and start working towards that goal. Please rate this How Valuable did you find this post ? The post Indian Republic DayNo rating results yet [...]

[...] share it with others. And lastly, Wish you success with your journey towards financial freedom. Please rate this How Valuable did you find this post ? The post 10 Scary Reasons why you must make [...]

[...] and rate the article. And lastly, Wish you success with your journey towards financial freedom. Please rate this How Valuable did you find this post ? The post 10 Financial Resolutions to flourish in [...]

[...] the article below. And lastly, Wish you success with your journey towards financial freedom. Please rate this How Valuable did you find this post ? The post 5 steps to take control of your financesNo [...]

[...] steps to take control of your finances: Evaluate your current position: Evaluating your current financial position is the first step towards financial freedom. Unless you know where you stand, you can [...]

[...] you want to go. Evaluating your current financial position means knowing exactly where you stand in terms of finances. This will give you an idea [...]

[...] In my earlier article “Evaluate your current financial position”, I mentioned knowing how much debt you really owe as an important step in knowing your [...]

[...] In my earlier article “Evaluate your current financial position”, the first step I recommended was to “Get an Eagle’s Eye View of your Expenses”. [...]