4.65%   Excellent savings rate with little risk

6 Month Treasury Bill Rate is at 4.65%, compared to 4.68% the previous market day and

0.37% last year. This is higher than the long term average of 4.48%.

Where to buy 6 month Treasury bill?

You can buy short-term Treasury bills on TreasuryDirect, the U.S. government’s portal for

buying U.S. Treasuries. Short-term Treasury bills can also be bought and sold through a bank

or broker.

Saving 35% of your income in 2023 rather than excessive debt.

Enlarging your saving is possible. Excessive debt/Excessive Spending will

likely null/void any possibility to save.

How do you build cash reserves?

Image result for building up cash reserves

It is important you build a cash reserve in order to improve the financial security

of your business.

How to build up your business cash reserves in 5 simple steps

Improve debt management.

Have a tight invoice.

Consider invoice finance.

Cut down your expenses.

Ensure you pay back your reserve.SECURED CREDIT CARD VERSUS A LOW LIMIT CARD YEAR 2023


$100.00 35% = $35.00

1000.00 35% = $350.00

10,000.00 35% = $3500

Would you like at the end of 2020 to have save $3,500.00??/

What is meant by cash reserves?https://www.TreasuryDirect.Gov

Cash reserves refer to the money a company or individual keeps on hand to meet short-term

and emergency funding needs. Short-term investments that enable customers to quickly gain

access to their money, often in exchange for a lower rate of return, can also be called cash reserves.

Cash Reserves Definition – Investopediahttps://www.investopedia

How many months of cash reserves do I need for a mortgage?

Owner-occupied residences typically require two months in reserves, but a lender may ask

up to six months. A second home or vacation home purchase may require anywhere from two to

four months of reserves but, again, it can be higher.

How much should you have in cash reserves?SPENDING LESS TO INVEST MORE

Rule of thumb is three to six months of expenses…

Cash reserves aren’t one-size-fits-all. To get to your best number, talk to an advisor.

If you are the only employee, work from home, don’t need raw materials and have personal reserves,

the amount you need is less.


The motive behind starting a business is often to make money that will be enough to cater for

one’s needs. Earning large enough income will give you the opportunity to accomplish and live

the type life you desire.

But most people don’t have the ability to live life on their own terms because they are either

a slave to their debts or cannot break away from living on pay check. But this problem can be

solved by the many benefits of residual or passive income.

One of the best ways to gain financial freedom is by setting up a business with residual income

opportunity. There are many businesses both online and offline that one can set up to generate

residual income.

Residual income by definition is the income one generated long after the work has been completed.

It is the type of income that one continues to generate for as long as the business lives.

Residual income also known as passive income has no limitations based on time.

Starting a business with residual income opportunity will enable you live life in your terms.

You will continue to earn money whether you are there working or not. The amount of money you can

make does not stop whether you get out of bed or not.

In addition, it is possible to have different streams of residual income. Unlike having two jobs

that will consume your time, multiple streams of residual income will increase your earnings while

also giving you enough free time. Residual income gives you a more lucrative alternative to

finding a side hustle that will stress you and consume your precious time.

To kick start your dream of financial freedom, here some of the residual business opportunities

that you can venture


Invest in real estate

Rest estate is one of the most lucrative means of generating passive income. Apart from being l

lucrative, it give you rest of mind and requires little or no work.

Affiliate marketing

This involves promoting other people’s product online of which you get a commission once it

leads to sale. Affiliate marketing can be done by marketing people’s product on your website.

It can also be done by promoting them on social media platforms.

Affiliate marketing is a great way of making money online. You can make up to six figures every

month from the comfort of your home. And remember, you do this at your time and pace.

Write an E-Book

Selling a book online can be another great way of generating residual income. After the initial

work of writing and creating the book, the only thing left is to make your money on every sale.

You don’t need much

capital to produce an E-Book, no printing and shipping costs.

Other residual income business opportunities that you engage in include:endless.

What does financial freedom mean?

What Is Financial Freedom? Financial freedom means you get to make life decisions without

being overly stressed about the financial fallout of those decisions. That’s because you’re

financially prepared for whatever life throws your way—you have no debt, you have money in

the bank, and you’re investing for the future.


Leave a Reply

Your email address will not be published. Required fields are marked *