Paying yourself first plays a very crucial part in your journey to financial well-being. It’s about thinking of yourself as an investment and setting yourself up to gain a return on that investment. It’s making sure you pay dividends to yourself for what was earned. No one is going to do that for you, it’s […]
Even if you’re employed by someone else, you’re actually still in business for yourself. And to get a rate of return from your business should be expected. For those of you who may be self employed, this thought might make sense, but for most of the people who are employed by someone else, you may […]
An asset is something that has or provides a certain type of value and that value can come in many different ways. With regards to finances, it’s about monetary value. When you think about investing in assets and getting a return on those assets, I believe few people ever think of themselves in that way. […]
Once you’ve reached the point of saving to give, like with any other point of saving, start with what we can. Whatever way works best for your individual situation and/or strategy. You might hear of preferred or recommended ways of doing this, but there is no “right way” and the only “wrong way” would be […]
Giving should be a part of your financial plan. Even though you may not consider it as part of your plan, giving may be something you just naturally enjoy doing. For some of you, giving is something you receive so much joy and satisfaction from almost even to a fault! For instance, giving by putting […]
There are many different facets to saving money. Aside from saving to pay yourself first and saving to invest, there is also another key area of savings which is saving to give! Saving to give can be a difficult concept to grasp, especially if you’re struggling just to keep your head above water…and understandably so. […]
As children and young adults, our educational institutions gave you report cards and GPAs to measure how well you were managing your academics in school. Once you graduate and you’re no longer being measured by your academics, your credit score is your report card in life! This now becomes the score you’re judged by regardless […]
When it comes to guarding your credit, one of the most common ways is to check up on your credit reports. If you already didn’t know it, you are entitled to receive a copy of your credit report for free once a year. Once you’ve received your report you need to scan through it and […]
Lending institutions judge your financial aptitude by your credit score. Getting approved for a loan isn’t always an easy task, but increasing your credit rating will give you the best chance. There are various ways that you could improve your credit score and of course among all of them, one of the best ways is […]
Understanding and analyzing your financial decisions allows you to realize how those decisions are interconnected and the impact one decision can have on other financial decisions. Just like any other type of decision, each decision you make results in the experiences you have which lead you to make other decisions. Your financial situation is no […]