Monday, February 19, 2007

Suze Orman on Self-Employment

Not to be a disputer, but I prefer Robert Kyosaki's distinction between self-empoyed persons and business owners. Having said that, i think Suzie Ormand presents some extremely valuable information for those whom the government considers, "self-employed" for income tax purposes:

Suze Orman Money Matters
Suze Orman, Money Matters

Protecting Yourself When You're Self-Employed

by Suze Orman

Especially helpful, is Suze's advice on Planning for Entrepreneurship:

• Figure out the replacement cost of lost benefits.

• Don't access retirement savings.

• Keep the home-equity tap turned off.

• Don't rely on credit.

Good advice all around from America's premier financial advisor.

Doers and Leaders