Great article from a great guy. I have to agree with Mitch on this major point: In a world of shrinking pay and larger and larger gap between rich and poor — the ability to be flexible in your job is a new form of wealth. Deciding to stay at home with kids or to work is fast becoming a non-binary decision. You don’t do one or the other — everyone does some shades of both. The same is true of jobs — more and more people have multiple sources of income — which only makes people more flexible and resilient.
Cash vs. Income
When you have a small business, you need to maintain accurate records of business financial transactions. If youve separated your personal and business bank accounts (which you absolutely must, no matter how small you think your business is), this should be relatively...



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