People have many different opinions of what a budget is. Some people think it’s just a vague idea of how much money you make and what your bills are. Others think it’s a strict set of rules that make your life inflexible and miserable. Both of these are wrong. A budget is just an on-paper […]
Building wealth starts with your primary source of money: your employment income. Obviously some jobs pay more than others, but your future career is mostly under your control and doesn’t always depend on an expensive education or having the perfect connections. Anyone can progress from job to job until they reach a career that they […]
Many people forget a very important factor when planning their retirement goals and choosing their investments. Inflation is robbing you right now. Be afraid! Well, actually, this article will remove the mystery surrounding inflation and so you don’t have to be afraid any longer! What is inflation? It is the steady drop in the purchasing […]
Saving just means setting money aside and not touching it so that in the future you can use it to pay for something you really want. It is the act of gathering up your money and making it grow. It is the beginning of the path to building wealth. It requires two necessary ingredients: having […]
Let’s get started thinking about money. We know where it comes from- work. Of course you could consider the rare instances of gifts, inheritance, or even lottery winnings- but this isn’t what we are talking about here. We get money when we do work that has value. The harder the work or more skills the […]