Asare Holdings

01/12/2022

01/01/2022

The Instructions are simple!

-Like & Follow Our Page

-Like & Comment on 3 or More Posts

-Winner will be selected January 5th

Good Luck!

12/31/2021

Share some of your insights!

Let others in the community learn what you have over the years.

12/30/2021

The answer to this question is often quite sad and disappointing.

"What do you mean?" is the most common answer we hear.

Financial education is often not really taught, but the principles are absorbed through your upbringing.

For most people, financial education and literacy is not a subject taught in school, but taught in the home through osmosis.

Growing up If your guardians are bad with money, believe it to be evil, or say credit cards are a trap, these are beliefs that you learn from home.

On the flip side, if you come from a very financially literate family situation, you are more likely to acquire different and more beneficial beliefs around money.

Take a moment to think where you learned and acquired your beliefs about money.

12/27/2021

Another day another personal finance and business book!

The lessons learned from this book are timeless. In our opinion this is one of the books that should be included as a staple in the financial literacy category.

This is worth a reread as well!

12/20/2021

It seems like everyday there are new and exciting projects popping up in this space.

We would love to hear what your favorite projects are!

12/20/2021

There are countless justifications for both sides of this answer.

What is your answer to this question?

What is your justification?

12/09/2021

The answer to this question changes depending on who you are speaking to.

The Dave Ramsey's of the world will say yes all debt is bad debt and even having credit cards is a terrible idea.

We personally believe that is horrible advice.

Debt can be good, in fact every Fortune 500 company leverages debt to grow and scale their businesses.

Very well off people operate the same way, leveraging debt to buy property, businesses, and other assets.

Rule of thumb for us is "If the debt is earning you positive cashflow then it's probably good debt, if not, then its probably bad debt."

*Personal opinion is not financial advice*

12/08/2021

This book is responsible for exposing so many people to the world of investing and entrepreneurship.

Personally, this is one of the first three books I read that truly changed the way I looked and interacted with money.

The references in this book may be a little dated.... But the lessons are still applicable!

What was the first book that got you interested in business and investing?

12/03/2021

There are tons of different assets available to you to invest in, now more than ever.

We will mention a few here, but we are curious what investments you like the most.

The most common investments are Stocks, ETFs, Mutual Funds, and Real Estate. But there are so many alternative investments that you should consider.

Aside from the ones above other assets could include Crypto holdings, Online Businesses, and investments into private funds should all be considered.

Personally we believe a mix of asset types is best for anyone's portfolio.

*Not financial advice*

12/02/2021

Creating online businesses and other passive income streams paired with good credit can allow you to travel for longer than a week vacation once a year.

If this skill is put to use, it can give you the ability to travel constantly and live the life of a digital nomad.

Credit and travel is a perfect combination.

12/02/2021

What is passive income?

Is it real or a scam?

How can I earn passive income?

Ok, passive income is revenue earned regardless if any of your time is devoted to the processes on an ongoing basis.

For example earning dividends from your stock portfolio or making ad revenue daily from a YouTube video is passive income.

A misconception of passive income is that it requires no work. This is not true. To create streams of passive income requires work done up front, often times with no compensation, to be rewarded later down the line repeatedly.

Creating passive income requires creativity. Even non passive businesses can be passive income for you.

For example a plumbing business, if you bought an existing business and hired a manager to run the daily operations, you just created a passive income source for yourself.