In Earn Overview: How to Grow Your Income I talked a bit about why your career is so important. I'd like to expand on those thoughts in this post. There are many aspects to growing and managing your career and we will discuss those during the life of this blog. Today we will focus on why you should take the time and effort to focus on your career. There are … [Read more...]
Earn Overview: How to Grow Your Income
Now that we've covered the basics of this site, let's spend the next few posts getting into ESI Money's three focus areas -- AKA the "three simple steps to wealth." Today we'll talk about the "E" in "ESI Money." As noted in the explanation of the site's meaning, the "E" stands for "Earn." Why It All Starts with "E" You've probably heard it said that the key to personal … [Read more...]
The Importance of Tracking and Managing Cash Flow
Now that we've covered the importance of measuring and tracking your net worth, let's move on to a financial measure that's almost as important. It's important because it's a major driver of net worth. It's called cash flow. What is Cash Flow? Cash flow is simply income minus expenses. It's what you make/earn less what you spend. Income less expenses. The difference … [Read more...]
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