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Showing posts from February, 2022

Prospects of Using Business Account in Entrepreneurial Activity

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It is no coincidence that an online business account is replacing traditional banking. Business is becoming more mobile; so, territorial binding to bank branches begins to slow down its development. A   business account   allows you to conduct all the necessary financial transactions from anywhere and at any time. Whether you are on a business trip or on vacation with your family, you will always be in control of your business finances.   Why Open a   Business Account ? To perform business-related transactions, open business account online. Regardless of the scale of your business, it requires financial services, such as: ·         Managing multiple accounts. ·         The possibility to transfer money with the most reliable payment systems. ·         Accepting and making payments in different currencies. ·         Converting currencies with the lowest possible fee. ·         Co-managing your money with business partners. ·         Issuing corporate card. ·         Studying

How to Effectively Build Wealth at Any Age

There are a few core principles that are universal. The sun rises in the east and sets in the west. The speed of light in a vacuum is 299,792,458 meters per second. To create wealth, you must earn more, save more, and invest with intelligence.  If you’re reading this article, it’s because you have a keen interest in learning more about the principles surrounding wealth creation. Whether you’re starting your journey to building wealth in your 20s, 30s, 40s, or beyond, the core principles of wealth creation remain constant. This article offers a road map to help you obtain the wealth you need to live a Rich Life.  What is wealth? Wealth can be both tangible and intangible and measured through comparative analyses or life experience. A common measure of wealth is net worth , which is calculated by taking the total value of your assets and then subtracting the amount of debt owed.  To be considered “wealthy” based on this construct, you’ll want to have a net worth that’s comparatively

What is Passive Income? A Guide to the Reality of Passive Income

Passive income sounds like a dream come true — earning money without any active effort. The reality is that there’s no such thing as 100% passive income . This type of income stream can better be described as frontloaded work: You have to put in time, effort, and (usually) money first to collect those passive returns. Even then, most passive income requires periodic maintenance and attention. That’s not to say that passive income isn’t worth acquiring. It can give you greater flexibility and freedom and bolster your financial stability.  However, before you pursue passive income, it’s important to get a clear understanding of what that entails. This article clarifies what passive income is, provides examples of passive income, and gives pointers on how to realistically acquire passive income. What is passive income? Passive income refers to money you earn with little or no active effort. It comes from sources other than your full-time job, side hustle , or a contracted client (in t

A look into the Rich Life of a nomadic camper van couple

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Let’s take a look at the nomadic Rich Life of IWT employee Jonathan and his partner, Lucy. We’ll cover everything: How and why Jonathan and Lucy decided to live a nomadic life, their camper van build details, the ACTUAL costs involved in living on the road, a few of their Rich Life moments, and more.  You’ll hear about a skeptical mother, Andrew Garfield, two pit bulls and a shotgun, a pack of 4x4s in a snowstorm, and more.  It’s going to be great!  We’ll go into detail about their specific camper van later. First, I’d like to introduce you to Jonathan and Lucy.  Meet Jonathan and Lucy Jonathan started working for IWT in summer 2021 on our Student Success team. When you join one of our programs, our SS team makes sure that you have everything you need to get through the program and start to implement what you’ve learned. The team is one of the best parts of IWT.  Jonathan and Lucy, who have been together for more than seven years, bought their first camper van in 2019. The fi

Introducing the SUCCESS 125

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Most of us have someone in our life whom we admire. This person inspires us, influences us, informs us, guides us. From the moment we met them, we knew they would change our life. Wouldn’t it be nice to know more of them? Since 1897, SUCCESS has been the leading voice for people who take full ownership of their personal and professional growth. And for the sixth time, we have done the research to find the 25 most influential leaders in this space: the coaches, speakers, authors, mentors and thought leaders to know in 2022. But this year, there’s more. In honor of the 125th anniversary of SUCCESS , we’re extending the spotlight beyond the household names to the everyday leaders who reflect the true value of our magazine: impacting others in a positive way. So, we asked you, our readers, to nominate the people who have made long-lasting, positive change in your life. And with that, we introduce to you, the SUCCESS 125. Jean Accius Senior Vice President Jean Accius is Senior Vice