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Crowdfunding May Be the Only Good Thing to Come Out of the JOBS Act of 2012

Posted by James Hendrickson on Apr 11th, 2014 · 3 Comments

There’s a new investment coming up from the ground level, that should interest both small businesses and people looking for new investment opportunities. The JOBS Act of 2012 is streamlining and liberalizing the process of crowdfunding, creating what could turn out to be the business and investment bonanza of the century. It may provide a way for both businesses and investors to bypass banks and...
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Here are some simple guidelines that will help you build wealth:

1) Do the math. Get a budget and calculate your net worth

2) Get an emergency fund. Save at least 6 months worth of expenses

3) Limit costs. Spend no more than 30% of your income on housing

4) Max your retirement. Maximize contributions to your tax-deferred retirement accounts

5) Pay yourself first. Set aside money for yourself before you take care of your other bills

6) Set goals. Goal let you get ahead faster

7) Avoid high interest debt. Avoid credit cards, title loans and other usurious loans

8) Diversify. Diversity your assets.

Crowdfunding May Be the Only Good Thing to Come Out of the JOBS Act of 2012

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Critical Financials’ Basic Personal Finance Rules

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