Some things are easier said than done, especially when you’re just starting or even well underway in becoming an e-commerce entrepreneur.
One of them is money management.
Assuming you’ve created and committed to a practical plan for your success, you’ll find your new enterprise taking a virtual life of its own.
Even if you’ve got a tight rein on it, your beast needs to be fed, which takes time and money.
Of course, the ultimate objective will be for it to start returning your time to you. That’s what makes your efforts all worthwhile.
As to the money, expenses are obviously inevitable, and sooner or later, the issue of debt must be addressed.
The intent is clearly to avoid debt matters ever getting to that point. The fact is, debt can be a useful resource, and one of its most familiar and convenient vessels is the credit card.
Its trade-offs for making purchases now and paying later — in full or in part — need no further discussion.
Its benefits do.
As a result, we’re tempted to use them to pay for virtually anything.
Even the wealthy go hunting for their preferred credit card perks.
Here are the results of a survey that asked people with $100,000 or more in investable assets what they actively seek in their credit cards:
Rich dudes and dudettes are clearly an attractive target market. Who wouldn’t pull out the stops to get their business?
It doesn’t take an exceptional grasp of the obvious to deduce where they’re getting the scratch to cover their own costs: