Focus on making money not saving it- When you look at the financial spectrum, most of us are barely scratching the surface of what’s possible. There are a million different ways that you can make substantial improvements to your income, there are only a few limited ways to save money. If you work and average … Continue reading What are the best money tips?
Delayed gratification- Being able to put off buying things has saved me enormous amounts of money. Whenever I want something big, I was a while before I buy it, if I still want it and still think it is valuable I’ll get it. What usually happens though is that I totally forget about it. I … Continue reading What have you done to make life financially easier?
It’s absolutely true that wealthy people have multiple streams of income. Some would even argue that the definition of being wealthy is having multiple streams of income that are on some level passive and sustainable long term. There are obviously substantially different types of was to generate income, they all fall on a spectrum. Most … Continue reading If wealthy people have multiple forms of income, how do you do that when you are struggling financially?
The 3 essential steps that have been most impactful over the decades: Don’t Sweat the Small Stuff- When it comes to SAVING money, focus on the big ticket items, not the small day to day purchases. If you think a $5 coffee is going to have any noticeable impact on your budget, one of two things is … Continue reading Three Best Ways to Save Money
When I was in college, money was tight. I was working multiple part time jobs and going to school full time. I was going to school and studying all day, working in the evenings, then partying until the early morning. I didn’t have a lot of extra time or money. I lived off of a … Continue reading What’s the best way you have used money?
Buy early and buy often- Even if you don’t always pick winners playing the game will benefit you in the long run. If you have a part time job or allowance, invest small amounts every time you can. People who become wealthy buy stocks every single month for their entire life. Risk it all- Making … Continue reading The Best Advice for Teenage Investors
If you are like most people and want an easy low cost way to invest that is totally passive, VOO and others index funds like it are a great strategy. Over the past several decades there have been very few fund managers that have consistently beat the market. Managed funds likely won’t perform any better … Continue reading What would you do if you had to invest all your money in one place?