Having a money focused mindset is an important part of your journey to financial well-being. And along with a money focused mindset, you also need to be aware of your beliefs about money. If you have the belief that you’re not meant to be wealthy or that money is the root of all evil, then […]
When it comes to your finances, being money focused is essential. And just to be clear, having a money focused mindset isn’t about being greedy. Any successful investor will tell you fear and greed are the two biggest enemies when it comes to money, so greed is not at all part of the equation in […]
Do you ever have those moments when you feel like you do not have the things that you want in your life? You feel like certain things are lacking, and you maybe even feel like your entire existence is lacking because of it! How often do you find yourself thinking about money, and maybe even […]
As important as it is to your financial health, sometimes the difference between assets and liabilities is obvious and sometimes it’s not. What may at first be a liability can become an asset or vise-versa. For example, when you buy a home, that home is a liability because unless you buy it with cash, the […]
There are two opposing forces in finance called assets and liabilities. The difference between assets and liabilities is simply put in this way…an asset is something which generates an income. Or said differently, puts money in your pocket. And a liability is something which is an expense or takes money out of your pocket. That’s […]
Whatever your financial situation is, having the knowledge to recognize the difference between assets and liabilities plays a crucial part for creating wealth in your journey to financial freedom. It’s a basic understanding that you need to have for dealing with your finances. Without it you just end up spending your money haphazardly. Spending your […]
Reading or listening to books is an awesome way to gain knowledge and understanding from others who have already been through what you’re trying to achieve. So naturally, understanding how to take control of your financial future and learning how to get your money to work for you is no different. Following the wisdom and […]
You might not realize it, but how you feel and think about money is the main reason for your financial situation. One way to help you realize and re-think your relationship with money is to get a different perspective from those who have already “been there and done that.” These 3 books have had a […]
Getting on the road to financial freedom isn’t all about money. Before you can make changes to your financial situation, you typically have to change the way you think about life in general. When it comes to changing any situation you’re in, the first place to start is with you! Books have a powerful way […]
A sure way to get out of a negative rut in life is to find a way to have positive thoughts. The road to developing a positive mental attitude frequently requires a network of supporters by having a person or people that you allow to hold you accountable for catching you when you sound negative. […]