“Stop buying things you don’t need to impress people you don’t even like.” – Suze Orman One of the biggest financial traps you can easily find yourself in is the trap of keeping up with the Jones’. By trying to keep up with the perceived lifestyle of others, you’ll undoubtedly end up overspending. Living below […]
“Your goal should be to pay off your credit card bills in full at the end of each month and set aside money toward your emergency savings.” – Suze Orman Having some extra money set aside for those unexpected expenses is the only way to get out of debt, stay out of debt and above […]
“A cardinal rule in budgeting and saving is to pay yourself first. Once your paycheck hits your account, wisdom has it that you should move some amount to savings even before you pay the bills.” – John Rampton A simple financial principle that many people don’t incorporate into their budget is to consider that saving […]
“Don’t tell me what you value, show me your budget, and I’ll tell you what you value.” – Joe Biden Did you ever stop to think about where you get your ideas of what money means to you? What money is to you? And what does it do for you? Believe it or not, the […]
We don’t always know when, where or how opportunities will present themselves and that’s why it is so important to be ready, willing and able to answer the call when it does show up. If we’re not, then we won’t answer the call and the opportunity will inevitably move on to someone else who is. […]
We often live our lives like there’s never enough time to accomplish the things we need to get done and for many aspects of our lives that may seem to be true. We feel like we can’t get enough of it and we could always use having more. It’s this dynamic which we encounter on […]
To be consistent in the things we do has many great advantages and people who consciously practice being consistent, know it! So, if we’re serious about change in any area of our life, we need to be constantly and regularly performing good habits. By doing that, we’ll find whatever we’re looking to achieve will take […]
Passive income can be created from a number of different places. The most common places include, but are not limited to, the stock market, business, real estate and intellectual properties. In the stock market we can invest in securities that generate monthly dividend payments. We can create, purchase or invest in a business that is […]
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 […]
No matter what our financial situation is, knowing and recognizing the difference between assets and liabilities plays a crucial part for creating wealth in our journey to financial freedom. Acquiring assets, whether we purchase or create them, is not only about how we invest our money, but also how we invest our time. We don’t…and […]