Tag Archives: Efficiency

Are you Street Smart?

10/24/2014 Portland, Oregon – Pop in your mints…

Are you teachable and willing to learn new things?  Are you interested in making better financial decisions? Are you interested in making more money? Then you may just be ready for Business Street Smarts.  What is Business Street Smarts?  According to the marketing copy, it is a program which will allow us to 1) Know our Finances, 2) be Efficient, 3) Control our taxes, and 4) Prevent Fraud.  What business owner wouldn’t be interested in these skills?

Best of all, it is a fireside chat with a former colleague or ours, none other than Mike Field, CPA, JD.  For those who don’t do acronyms, he is an accountant and a lawyer.  Despite these handicaps, Mike is a fun guy, and rivals Tom Cruise in the category of person producing the most dental glare when they smile.  Here he is laying out the virtues of Business Street Smarts:

We have just completed the first audio portion of the downloadable MP3 series, which is a lesson in establishing “hooks” for memory retrieval.  In this section, Field shows you how to organize Information in your mind so that you can instantly retrieve it.  He employs a unique teaching technique to achieve this goal.  The technique seems basic, and it is.  The jest of it is to use the familiar and join it, mentally, with the unfamiliar.

At the end of the first day, we are aware that we will do the following over the course of the next 15 days in terms of sections:

1) Build a Foundation of Primary Financial Statements, Balance Sheets, Income Statements
2) Learn how to analyze these statements
3) Understand Business Taxes and the interplay with one’s personal taxes
4) Learn how to detect and prevent Fraud, as well as some basics in bookkeeping

However, all we know at this point is our way around an unfamiliar house with some incredibly strange things involving Olympic gymnasts, Count Dracula, and a cat happening in the front yard, on the porch, and in the living room.  Yet somehow, it all makes sense.  Will it translate into better financial and business decisions for The Mint?  Stay tuned.

If you are as intrigued as we are and want to learn more, visit: http://www.businessstreetsmarts.com/ for more information on this unique and entertaining program.

And by the way, don’t believe the hype on deflation, for the debt based monetary system cannot tolerate it.  The economy is going gangbusters, and will continue to until further notice.

Stay tuned and Trust Jesus.

Stay Fresh!

David Mint

Key Indicators for October 24, 2014

Copper Price per Lb: $3.06
Oil Price per Barrel (WTI):  $81.01

Corn Price per Bushel:  $3.53
10 Yr US Treasury Bond:  2.27%
Bitcoin price in US:  $358.50
FED Target Rate:  0.09%
Gold Price Per Ounce:  $1,231

MINT Perceived Target Rate*:  0.25%
Unemployment Rate:  5.9%
Inflation Rate (CPI):   0.1%
Dow Jones Industrial Average:  16,805
M1 Monetary Base:  $2,747,700,000,000

M2 Monetary Base:  $11,514,900,000,000