The Money Relationship

By: Salome

I have come to a realization, it can be so confusing trying to get a work at home opportunity. I mean there are tons and tons of adverts being put out there. What I think people would like to get from a work at home opportunity is fulltime support from whoever is offering the opportunity. I believe if someone had to offer a 100% guarantee, at least 90 days cancellation , people will feel more secure. You may argue that the no time limit is out of the question. Let's look at the flipside, think about the individual that is about to use their last dime to sign up to an opportunity. They need assurance that their venture is not in vain.

The truth about working at home is that we all want to make MONEY. The reality is money is either your friend or a burden! The emotion that prevails around money depends on whether you fear or embrace the relationship.

A healthy and productive relationship with money is like any other relationship. It requires you to engage proactively, rather than feeling overwhelmed or going straight into denial.

There are a few things that one has to also consider when they embark on a journey like working at home. You need to do financial planning. I see financial planning as a work in progress, where you need to develop a financial roadmap that indicates three key issues: where are you currently, what your ultimate final financial aspirations are, and what steps you intend taking to meet these aspirations. By doing so you will be able to track your progress with any venture you are taking on. You are able to see if you are on YOUR financial roadmap.

The other issue one has to be aware of is tax. Most companies do not tax the money you make. So at the end of a tax year you will be liable for tax payment (i.e. if you are in the taxable income bracket). You have to keep track of your incomes, expenses etc. You might have to decide if you continue on you ventures as an individual or as a registered company. The tax liabilities are different.

Money Management
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