Stop making costly mistakes with your money and elevate your monetary outcomes — 1. Diversify your investment strategies Understand the difference between short-term, mid-term, and long-term investment strategies and how each does or doesn’t align with your financial goals. 2. Hedge your investments. If you own…
#2 Bank with multiple entities — 1. Always have cash on hand Let’s say you lose access to all of your accounts. If you have cash on hand, it doesn’t eliminate the significant inconvenience but can offer a little relief (even if only minor). 2. Bank with…
It doesn’t take six figures to build wealth Mr Ox wrote a stellar article on how his father retired as a millionaire on a 48k salary (check out the article in the link below at the bottom of this read). You’re incorrect if you think it…
The #1 thing people forget after pulling the trigger My friend regrets buying the car they currently have, which is close to being repossessed. They’re not only facing repossession, they’re also facing imminent eviction. A few months back, I recommended getting rid of the car. Here’s…
#1 stinginess Believe it or not, the more you cling to your money and resources, the less you will have. What you put into the universe, you get back. If you’re not investing anything in others, then what do you get back? Nada. Avoid being…
Can you do both and still be financially successful? You have a few things in place already: You have a solid emergency fund You’re on track with investing You’re on track with retirement You’re living below your means You’re not funding your life with debt…
It takes discipline, NOT a big salary. Ramsey Solutions conducted one of the most extensive surveys of millionaires with over 10,000 participants, and they found a few interesting facts: Raw Numbers Other Notable Mentions Millionaires are everyday people who decide to manage their money differently than most;…
Discipline shows up in flesh and numbers — You can lie with your words. You can perform with your presence. You can curate an image that sells the story you want people to believe. But there are two things that don’t play along with your narrative:…
Ten financial basics — Let’s talk about some of the excuses people give to explain why they aren’t doing so well at money: I didn’t come from a wealthy background. My family is not educated like others about money. I have no clue what I’m…
The biggest financial crime to yourself — Most of Us Already Know What To Do Most people know that investing leads to wealth, or at least we’ve heard the words more than once. It is a fact that the sooner you start investing, the sooner you experience…
Don’t follow the follower — If you try to be like everyone else, you will be broke most of your life. Most people don’t understand the concept of delayed gratification and self-discipline – especially when it comes to money. It feels better to obtain our desires now instead…
6 Reconsider how you spend your time — 1. Destroy Expenses Every month, ruthlessly go through your budget to determine what other expenses / non-essential spending you can obliterate. Aside from adding the outlays, I analyze to see what I can cut out; by doing this,…
Move from A to B without Financial Hassle — 1. Short and Sweet Many people have extended moving processes. Be aggressive and aim to finish your move over the weekend or within a day (depending on how far you’re moving). It’s super aggressive but also…
Do you prioritize materialism or financial independence? — Around 85% of people manage a car note. Yet according to Yahoo Finance, 78% of Americans have less than $50,000 saved for retirement. What does this tell you? People are prioritizing buying cars over saving for retirement….
Quit paying the “stupid tax” and keep your money — There are endless ways to get cash back. Get creative. Look for opportunities to save. Cut superfluous costs. Use the additional savings to invest and pay off debt. __ Save. Invest. Build. This article is for…