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A Financial Plan specifically for Entrepreneurs?

 
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startupadvice

posts: 6

Sep 09, 2008 12:39 AM ET    Quote  Report Abuse
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Folks, my advice would be that do not get into the "start-up" hype untill your own personal finances are in order. Best to take up employment, earn a few years experience and save some money to be able to fund you start-up for 4-6 months. It can be very very challenging and distressing for the family if you start with zero balance for your own needs.

MdcnMn

posts: 44

Sep 09, 2008 11:47 AM ET    Quote  Report Abuse
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I would prefer to invest my monies in a CD (certificat of deposits) at a bank with reasonable rates.  Its money that is "hands-off", yet is available every few months to every year if needed. I don`t have a ton of money either, but I do hold a steady job unitl my ideas/business makes it "big".  I have trained myself to put a portion of my money into a savings account, when it adds up I simply transfer a portion into a CD.  Compound savings is awesome!

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"Vinni, Viddi, Vicci"
james82

posts: 5

Jul 25, 2012 2:44 AM ET    Quote  Report Abuse
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I am looking to invest some money in stocks and bonds but I have only little information about financial details of a company. Any reference for an advisor or planner in Scranton city which can help me in my investment.

independent financial advisors



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davemike385

posts: 31

Jul 30, 2012 1:30 AM ET    Quote  Report Abuse
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While money isn`t required to start or run a business, it sure can help!  I find a lot of entrepreneurs packing money into retirement accounts...which in my opinion is a mistake.



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