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 […]
If you have your sites set on reaching financial well-being, setting financial goals will be the way to get you there. For setting financial goals, selecting a simple course of action that you could follow will guide you to financial success. First, you need to identify and write down your goals which will help you […]
As if setting goals isn’t already tough enough, the thought of setting financial goals doesn’t even come into the picture. A lot of people are often hesitant to tackle the job of setting financial goals, especially when it comes to the long term goals that set you up for your financial future. It’s not fun, it’s […]