Question: Do I need to incorporate a business to minimize taxes if my new product takes off?
Answer: Cash flow is the life of your finances, not the rate or fees you’re paying or earning. This applies to the return on your investments; or rate you’re paying on your loans. This same principle holds true for fees and taxes as well. All of these things are obviously important, but when you follow a structured hierarchy of criteria for making financial decisions it will help you to stay out of fear, doubt and scarcity in your activities and decisions. Staying simple and focused on the important factors will also mean you will have an easier time keeping God’s order and harmony in your financial life. Listen in to learn about the hierarchy and how to apply it to your personal and business decisions today.
If you have a personal finance question you'd like to have answered on Financial Grace Radio you can email firstname.lastname@example.org and listen on the CWAradio network for answers and ongoing discussions on money questions and issues you might not have even known to ask.
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