Category: Investing

What Would You Do If…?

How many times have you been asked the question, “What would you do if you won the lottery?” or “What would you do if you got $1,000,000?” Just the thought of that much money may have your mind reeling right now. Your imagination is running wild with the possibilities. Well, what would you do? Sometimes […]

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Invest in Yourself Instead of Stuff

In the Money Color Survey, found here, if your Money Color is Blue, money is valued for pampering or treating oneself. You are less likely to have a reason for spending, less likely to have a spending plan, and less likely to have savings you can stick to. They are also more likely to shop […]

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23 Reasons Why You’ll Always Be Broke

By ELYSSA KIRKHAM / GOBANKINGRATES May 6, 2016 Many Americans are clearly not experts at managing their own finances and end up broke month after month. The cycle of overspending leaves them poor, even if their income means they are considered well above the poverty line. A third of higher-income households — those that bring in […]

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Remember To Take Care of Yourself

Prioritizing is an important part of budgeting and money management. There are several choices you have to make and steps you have to take. It’s up to you to decide which step to take first. It’s also up to you to decide whether or not to follow the steps and order laid out by an […]

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The Key to Success

There are several strategies to pay down and to pay off debt, to manage your money, and to save your money. There is “Debt Stacking”, “Snowballing”, “Envelope Method”, “Paying Yourself First”, and many more. All of these methods have successful accounts of people becoming debt free and/or financially free. However, I would dare to say […]

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Free Money for Retirement

Retirement is right around the corner for many people, but unfortunately they are not financially prepared to stop working. The thought of retirement has become a dream or a risky proposition instead of a reward for all the years they spent working. Retirement is 25, 30, or 40 years away for many other people, and […]

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You Don’t Have to Fear Ownership

Albert Einstein said, “Compound interest is the most powerful force in the universe.” Click here to see a great example of this statement. I would agree that compound interest is a very powerful force. It is truly powerful when your money makes more money and more money based on the interest rate you get. Unless […]

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Rule of 72 a/k/a Banker’s Rule – How Come Nobody Ever Told Me About This?

The Rule of 72 is a concept that has been hidden in plain sight for years. Few people still know about it but bankers have known about it for years! How come banks do not tell you about the rule of 72? All bankers do not know about this rule. In all fairness, I did […]

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