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Tag: finance

8 wealth-building tips for financial independence, a secure future

February 3, 2024February 3, 2024David Rutman

This week we have the privilege of reading the 10 commandments. At the beginning of the Torah portion we read about Yitro, the father-in-law of Moses. The first verse says, “And Priest of Midian, father-in-law of Moshe HEARD all that Elo-kim did for Moshe and for Israel His nation, for Hashem took Israel out of […]

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Millionaire reveals how the rich see money: A way to make more money

January 14, 2024January 14, 2024David Rutman

American millionaire known as Taylor Money, on TikTok as @taylor_money_, shed light on a fundamental difference in how the wealthy perceive money and manage their finances compared to the general population. According to him, the rich do not focus on acquiring flashy possessions or indulging in extravagant expenses. Instead, they view money as a means […]

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S&P raises Israel Aerospace Industries’ int’l credit rating to A-

December 28, 2023December 28, 2023David Rutman

The S&P Maalot credit rating agency announced on Thursday that it is raising IAI’s international rating to A-, as the company “continues to achieve strong operating results, and its backlog of orders has reached a record 21 billion US dollars.” Their announcement further added that “the company’s rate of output remains almost unaffected by the […]

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Israel’s black market is thriving amid economic crisis

December 20, 2023December 20, 2023David Rutman

The compensation plan currently in place for businesses is designed to reflect a decrease in turnover compared to the previous year, but this inadvertently creates an incentive for businesses to underreport their income or conduct transactions off the books. Both of these practices are considered offenses and are subject to scrutiny by the Tax Authority. […]

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