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 […]
Patience is a virtue. That’s a phrase I’m sure you’ve heard many times, but it’s not always an easy one to live by. Having to limit your capacity to receive something now for the enjoyment of being able to have something better and bigger afterwards is difficult. Waiting patiently for the future to get what […]
Investing money is something many people shy away from for various reasons, one being that it can be overwhelming. Investing can be as simple or as complicated as you want it to be, the point is that your money needs to be utilized in a way that will allow it to grow and produce yields […]
Being responsible with your money at a young age has its advantages. One of the main reasons why young adults should start saving and investing as early as possible would be to reap the rewards of what would be sometimes known as the magic of compounding. Compounding is when you earn returns on past investment […]
When you hear talk about the need to increase your income, it doesn’t necessarily have to be a significant increase. You don’t need to get too caught up in how much you’re able to increase your income at first, but more about using that extra income toward paying off debt or putting it toward savings […]
Staying focused on the health of your financial future with discipline and patience will eventually allow you to have the financial means to not be in need of anything, including the means to get the things you want! By taking care of what you need, which includes paying off debt and not accumulating more, along […]
As a consumer, you have to spend your money on the things that you need, right? And (let’s face it) you enjoy spending money on the things that you want. While there’s nothing wrong with that, the problem comes when you put yourself in debt over satisfying your wants or even worse, justifying your wants […]
Saving money is the first step to financial freedom and unfortunately it’s something that many people struggle with. They struggle because they don’t have a plan for how to save and how much to save. The “how to” for saving comes from instilling the habit of paying yourself first. Once you come to realize “how”, […]
Life has a way of bombarding us with elaborate lifestyles and luxuries of the rich and famous and sometimes not even famous people. From celebrities and professional athletes to founders and CEO’s of Fortune 500 companies to the local millionaire who owns a small chain of stores in the area. Whether we admit it to […]