The other day, I was reading a book about backyard birds in North America to my 3-year-old. I’ll admit; it wouldn’t have been my first choice, but sometimes my kids are more mature than me. That’s when it dawned on me. These common birds are doing their best to build nest eggs just like us. In fact, one of them exhibits habits that remind me
Top 5 Personal Finance Books That Promote a Frugal Family Life
We all learn differently. Some learn best through the visual world; some thrive on a spoken word. Then there are others who enjoy parables or fables that weave a life lesson into a tapestry of story. Since you are kind enough to grace this blog post with your presence today, I have a hunch that you read books, too. I also have a hunch
How To Save for Retirement Without a 401(k)
I used to wonder why so many people, especially millennials, were confused about saving for retirement. After all, I thought, that’s why employer’s offer 401(k)s and other plans. Of course a 401(k) is a great way to save for retirement as most employers offer some sort of “match” on money you put into your 401(k) from your paycheck. If you are lucky enough to have
How I Use Debt to Build Wealth
This is a guest post from Pauline of InvestmentZen.com I do not fear risk. I have failed many times and I am not afraid to pick myself up again and try once more. So when it comes to wealth building, I have actually taken more risks than your average saver and investor to get ahead faster. I took on a lot of debt to invest.
3 Downsides to Investing in the Stock Market
I have come to terms with the fact that when it comes to the stock market I’m not an all-in kind of person. I know many people who have built their fortunes in the stock market and who have created financial independence at a young age because of their investments. So while this post isn’t meant to discourage anyone from investing their money in stocks
3 Easiest Ways for Young Adults to Start Investing
Unfortunately investing (or anything personal finance related) isn’t taught in schools. This can make investing seem intimidating for young adults. I know, because it wasn’t too long ago that I felt the same way. Investing is actually quite simple. If you’re looking for easy ways to get started here are some simple ideas. # 1 – Set it and Forget with Index Funds Index funds
How to Invest in Real Estate without Owning Real Property
A couple weeks ago we went over ways to earn money with real estate. One key method I left out was investing in real estate without owning real property. If you want to invest in real estate or just diversify your portfolio you can do so fairly easily. Here’s how to invest in real estate without owning real property. REITs REITs are real estate investment
How to Invest in ETFs
When you first get started investing you’ll be presented with countless options. One of the easiest ways for you to get started (and what I wish I would’ve done) is to invest in ETFs. What are ETFs Exchange Traded Funds are usually referred to as ETF’s. ETFs commonly track a basket of assets like a stock or bond index (the S&P 500 or DOW Jones,
5 Ways to Make Money with Real Estate
I am not one to go all in on the stock market. While I think this route of investing is great for many people truth be told, I’m just not as interested in it as I am other investing avenues. One investment route that has always caught my interest is real estate. This probably stems from the fact that my family either invests in real
How to Stop Being Afraid to Invest
It’s true, I used to be scared to invest my money. And really I’m not so sure that I was as afraid as I was confused. But investing doesn’t have to be scary or confusing. Here’s all you need to know to get started and stop being afraid to invest. # 1 – Start Small Thanks to technology there are hundreds of different brokers competing