The rise of the broke entrepreneur
If your incomings and outgoings are fairly straight forward, logging into online banking may be all you need. If you start to get serious about allocating money in order to service your future life as well as make things easier now, you will need a more robust way of doing it than that.
Let’s get real. Too much money advice is given at a confusingly high level. People then mistakenly look at a fairly simple financial situation and see it as more complicated than it is to fix or improve. And then if they do understand what needs to be done, they struggle with how to do it.
Links to previous episodes are below
You can look at financial systems on a:
Personal level: – Financial systems that directly affect you on a daily basis
Regional scale: – The financial system that enables lenders and borrowers to exchange funds.
Global scale: – This financial system is basically a broader regional system that encompasses all financial institutions, borrowers and lenders within the global economy.
Today I am going to keep this on a personal level.
Ultimately you will be using the skills of financial institutions, even if it is just to deposit money and pay bills. Your most important systems are the ones that you will actually use to keep track of how you deposit money and pay bills.
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