Recovering after a car crash can be traumatic, and it takes an effort to recover physically and financially from this type of event. Consider these tips to recover successfully from a car accident, and get your personal finances back on track. As the population increases, accidents are getting more common. Millions of them happen every […]
Creating a plan for your personal finances can help you get better outcomes, regardless of your current financial situation. Your financial plan should address your monthly expenses, managing your debt, and funding a savings account. Use these tips to improve your personal finances. Why Expenses Are So Important The best way to increase your wealth […]
Managing your finances effectively becomes critical as you age. Smart decisions about your finances help you generate enough assets to retire, and create wealth that you can pass on to your family. Here are some pointers you can use to get on track financially:
“What do you do and how do you do it?” It’s only natural to be curious and slightly envious of those who have accumulated a lot of wealth, but it’s not just because their big bank accounts. Many people become wealthy through their own efforts, and the process they used to achieve success has tremendous […]
The problem isn’t that we don’t earn enough money. It’s that we spend too much of it. If you’re lucky enough to have, say, a $30,000 a year job, then you’re far and away one of the richest people on the planet. Alas, it’s difficult to save as much money as you’d like because you […]
Everyone has milestones in life. For many people, reaching 30 is a milestone when they start thinking about their long-term goals and settling down. If you have been reckless with money in your 20s, it might be time to grow up and focus on your long-term goals in your 30s. Whether you are thinking about […]
Making the right decisions about investments can be life changing. But investing requires a great deal of thought and planning. The biggest issue you’ll face as an investor is the amount of investing risk you’re willing to take. Why Risk Assessment Is So Important Every investment- from owning stock in a startup tech company to […]
“Your Ivy League Future” I glanced at the sign on the conference room door and thought: wow- that sounds pretty good. I’d like to be attending that meeting… We all have aspirations.
Do the hustle. So, you’re interested in a second source of income- a “side hustle” to use the parlance of our times. Be careful, because you’re time is limited, and you don’t want to waste time and effort on a venture that won’t work. Here’s my answer for developing a second source of income.
Embrace the suck. The phrase is one of several lessons learned by a West Point grad, and this saying relates directly to investing in your early 20s. Acknowledge that investing successfully is hard, because it takes self-discipline and delayed gratification. Those two concepts don’t sound any fun. But, as the writer says, we should […]