“The simplest definition of a budget is telling your money where to go.” – Tsh Oxenreider Getting on the right path financially usually starts with setting yourself up on a budget. Since budgeting is known to be essential for your financial health, many people have either created or attempted to create an effective budget at […]
“I enjoy building something good and having a successful product and making money.” – Wayne Huizenga Having multiple sources of income is not only for people who are looking to build wealth. It’s also a general principle for financial freedom. People that are wealthy have multiple income streams, meaning they earn money by creating additional […]
“I often say that paying off your debt is like dieting. There are no miracle cures; it takes discipline and hard work.” – Lisa Madigan 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 […]
“To get rich, you have to be making money while you’re asleep.” – David Bailey 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 […]
“The ability to discipline yourself to delay gratification in the short term in order to enjoy greater rewards in the long term, is the indispensable prerequisite for success.” – Brian Tracy In this new age of rapid information, rapid implementation and rapid results, the virtue of patience took a back seat. In fact, the idea […]
“We need to stop spending money we don’t have.” – Paul Ryan A fundamentally crucial part of the journey to financial well-being is the principal of spending less than you earn. And although there is no single road to financial well-being, that one principal is what sets you up to not only begin creating your […]
“Money is a guarantee that we may have what we want in the future. Though we need nothing at the moment it ensures the possibility of satisfying a new desire when it arises.” — Aristotle Taking care of your finances is not an easy task or at least not an enjoyable one in most cases! […]
“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 […]
“There are no shortcuts when it comes to getting out of debt.” – Dave Ramsey 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 […]
“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 […]