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How to Find Extra Cash for Investing
As a kid, remember being told that money doesn’t grow on trees? When were young, it’s hard to grasp the concept of money, but as adults, it makes sense why parents always say this to kids when they’re asking for the latest toy or newest game. But wouldn’t it be nice...
If You Build It, Wealth Will Come
There’s a little secret about the difference between those who are richer than us: they spend their money differently. At a glance, it might appear that their expenditures are quite similar. They have trouble saving sometimes and can still live paycheck-to-paycheck....
Financial Education
One of my favorite ways to describe how to make the best financial choices is through a quote by Albert Camus: “Life is the sum of all your choices.” Even the smallest choice can impact a person’s life, and often times consumers are ill-informed not about the choices...
Creating Benchmarks for Long-Term Success
When training for a marathon, runners usually set up certain schedules to ensure they’ll finish the race within a desired time. They train for the outcome they want. Why, then, don’t people set up similar schedules when training for the financial marathon of life?...
Use Taxes to Your Advantage
Every April 15 we have to pay the tax man. Or, if you’re lucky, receive a refund for overpaying him. But what if I told you there was a way to use the tax system to your advantage? For example, let’s presume you have a few million dollars saved, but due to various...
The Power of Compounding
Remember back in school when you learned about interest and multiplying different rates? For far too many people it was the last time compounding interest rates were considered. But by not realizing the earning potential of interest, you could be losing out. As an...
