All Posts By: Adam | Money Rebound
Building your own home is a lifelong dream for many people. If you are seriously considering self-building your own home, then it can be helpful to consider the various types of insurance you may need to put in place to complete the process before you begin your journey. In this post, we’ll consider 3 important areas of insurance you’ll need to consider when building your own home.
Starting a new business and turning it into a full-time and substantial income is a dream for quite a lot of people, and it is a dream which is more than achievable. There are, however, certain things you need to consider when starting a business, some pros and cons as it were. So, what are the pros and cons of starting a business and is it worthwhile making the leap into being your own boss?
I want you to take a moment to Imagine this scenario. You’re 89 years old and for the past 23 years you have been selling popsicles out of a hand propelled street cart in your local neighbourhood. You’re unable to retire because you just can’t afford it, yet old age and health issues mean that you simply can’t continue on in the job. So, after much agonising, you decide to close your small business down and hope that you will somehow be able to make ends meet. Then, just 2 months into your retirement, your only daughter passes away leaving her children behind with nobody to care for them, nobody except you.
If you’ve gotten yourself into trouble with debt in the past and you are in the process of sorting the situation out, it might seem a little crazy to you right now to think that you will ever fall into the same trap again. Why would you allow yourself to be so reckless, right?
Having lots of different income streams is something which many people would love to achieve in life and it can certainly be helpful to have lots of different things going on. At times, though, I do wonder whether it’s true that you can have too many things going on and perhaps it might be better to focus all – or most – of your attention on just a couple of things wholeheartedly, rather than doing lots of different things halfheartedly.