Living for today - Planning for Tomorrow
One week from today I’ll turn 29! I thought it would be nice to celebrate my last year as a twenty something by reviewing the most powerful financial lessons I’ve learned in the last decade. # 1 – You Can Do Anything You Put Your Mind To This lesson can be applied to life in general but for me it had a huge impact on
It is possible to start investing even when you’re on a low income. In fact, it’s more than possible – it’s a good idea. If you slowly start investing you’ll learn what to do and, more importantly, what not to do, without risking a ton of money. I got started when I was making very little and have since gradually been increasing those amounts. Here’s
I was recently reading David Bach’s The Automatic Millionaire and was reminded of the latte factor. The Latte Factor, coined by Bach, is a phrase for all of those little habits that may be costing you big money over the course of your life. The truth is the little amounts of $2, $5, or $10 you spend every day can add up to something huge,
Why are some people able to build real wealth and achieve financial freedom at a much faster pace than the rest of the world? The truth is there’s no magic secret. Instead it comes down to a few key habits and traits. If you’re willing to adopt these four wealth building traits you, too, can set yourself up for a life of financial freedom. Sacrifice
You work hard to earn money and work even harder to keep ahold of it. But have you been actively looking for ways to make your money grow? If not, it might be time. Here are five tried and true ways to make your money grow. Mutual Funds/ETFs While mutual funds and ETFs are technically two different investments they do work in similar ways. In
I was the kid who always had my nose in a book. During my (early) teenage years I was more worried about getting the highest grade on a test than I was going to the movies or shopping for clothes. My nerdiness and love for books has always been a part of me. So it’s no surprise that when I took an interest in personal
Not everyone wants to put their hard earned money in the stock market. I can totally relate. It took me awhile to get comfortable with the idea of investing in the stock market and even now I lean more toward non-traditional investment ideas. If you’re looking to make your money work for you but are reluctant to start buying stocks or other similar assets here
When I look back just a couple years ago it’s funny to think of how hard I thought investing was going to be. It completely intimidated me. So of course, like an idiot, I started with individual stocks and then penny stocks. I lost almost all of my money on the penny stocks and the others aren’t doing too great either. And then when I
When you first set out to get started investing it can be intimidating. And in my experience it’s even more intimidating for women than it is for men. I’ll admit – the presumed learning curve even stopped me from investing sooner than I should have. But once I dove in and got started I realized that there’s absolutely nothing to be afraid of. If you’re
You’ve been working on your budget. You cut back your expenses, built an emergency fund, and now you have some discretionary income. You want to make your surplus funds work for you. So what should you do? Here are five wealth building strategies for you to consider. Creating a Dividend Portfolio Dividend stocks pay a dividend, or a small percentage, usually each quarter of the
