|Wealth Building Information|
Your Wealth Cycle Foundation
The four main steps in building a wealth cycle foundation are:
ˇ Pay yourself first
PAYING YOURSELF FIRST
Paying yourself first is a money rule. Can you imagine how much you would be worth if, from an early age, you had been conditioned to pay yourself first by depositing a portion of your earnings in a wealth account? Even if you only put in $1 per week, today you would probably be sitting pretty.
LEGAL ENTITIES / TAX IMPLICATIONS
In the United States, a number of legal structures, vehicles or entities may be used to hold and protect your wealth. These structures are separate and distinct from the taxpayers who form and/or own them. When you create any of these entities, it is assigned its own Employee Identification Number (EIN) number, which is separate from your social security number. Your legal entities are also taxed separately from you personally.
The legal protections and responsibilities differ for each of these vehicles, as do the tax implications. How you structure your investments, what legal entities you use, can have enormous tax and legal consequences.
Legal business entities are advantageous because they can:
ˇ Protect your personal assets
If you're operating a business and you want that business to be treated as your asset and/or you're continuing to grow that asset, the legal entity you select can:
ˇ Protect the entity (i.e., your business)
The goal of asset protection is to minimize your risks and to help grow and maintain your asset base. The right legal entity will provide you with those benefits.
Under our U.S. tax laws, different structures exist for employees and corporations. Employees are taxed on the amounts they earn. Usually, taxes are withheld from employees' paychecks. Under the corporate tax structure, corporations deduct appropriate business deductions and pay taxes on whatever is left. Discuss with a tax professional to determine what deductions you may be entitled to.
ACTIVE OR PASSIVE INVESTING
Before you decide on the investment strategies you plan to follow, determine whether you want to be an active or passive investor. Active investors get directly involved in the investment. They may become general partners or take a role in the management of a business or particular venture. In contrast, a passive investor essentially only puts up money, sits back, lets others do the work and waits for profits to roll in.
YOUR MONEY RULES
We all have money rules, everyone of us! They dictate how we use credit cards, balance our checkbooks, pay off our lifestyle debt or pay ourselves first. They determine how we handle money, think about wealth and run our finances. Most of us didn't set our own money, we simply inherited or adopted them from others. Usually we integrated them without questioning because they came to us from people we loved and respected and because talking about money was taboo. If the concept of money rules is new to you, you may not have the requisite knowledge to make some of your rules non-negotiable at this time. However, you soon will if you continue to educate yourself on each of the investment strategies you're considering. If you stay focused on your goals and are flexible, your money rules will clearly evolve.
Loral Langemeier, M.A. CPPC, empowers her clients to build wealth and achieve financial success. Combining her down-to-business candor with the personal accountability she has emerged as one of the most exciting business and motivational speakers. She is the author of the soon to be published book, Guerrilla Wealth, part of the best selling Jay Conrad Levinson Guerrilla Marketing series. For additional information: www.liveoutloud.com.
More Volatile Incomes Pose Yet Another Barrier For Communities Of Color To Build Wealth Forbes
Families of color experience more negative income shocks due to layoffs, cutbacks in hours, and the loss of bonuses than whites do. These income shocks make ...
Qualities like focus and confidence can indicate how rich you'll be Business Insider
If you possess enough of the right characteristics, you may be more likely to become wealthy, regardless of your age or income.
How to build wealth in 4 steps, according to millionaires Business Insider
Building wealth involves a four-step process: Growing income, controlling spending, investing in index funds, and investing in real estate.
Wealth of Knowledge - Episode 9: How to Build Wealth With Personal Finance Expert Chris Hogan â Part 1 - U.S. News & World Report
Wealth of Knowledge - Episode 9: How to Build Wealth With Personal Finance Expert Chris Hogan â Part 1 U.S. News & World Report
Chris Hogan, financial expert and author of "Everyday Millionaires: How Ordinary People Built Extraordinary Wealthâand How You Can Too," and U.S. News ...
Wealth-building guru George Fraser launches WINDS center Charlotte Post
A national authority on wealth building in the African American community is launching a financial literacy program in Charlotte. George Fraser, founder of ...
6 myths about millionaires that can prevent you from building wealth Business Insider
There are several things people get wrong about millionaires â and it can prevent them from becoming a millionaire themselves.
Mt. Carmel Baptist Church becomes Wealth Building Center for community WBTV
Pastors and community leaders gathered Monday at Mt. Carmel Baptist Church to come up with a plan to promote financial literacy with neighbors and ...
A financial classic on wealth building Business Daily
It is early in the year, so resolutions are still top on our agenda. Study after study say that among the top three New Year's resolutions are exercising, saving and ...
An MLK Day Reflection: The Racial Wealth Gap Is Killing the Middle Class Common Dreams
Dr. Martin Luther King Jr. would have been 90 on January 15, so it's time for a progress report.Fifty years after co-founding the Poor People's Campaign, ...
Successful people build wealth through consistency Business Insider
Many millionaires have five attributes in common that help them achieve financial independence. Consistency is key.
A researcher who studied more than 600 millionaires found the same 2 qualities helped them get rich - Business Insider
A researcher who studied more than 600 millionaires found the same 2 qualities helped them get rich Business Insider
To build wealth, you need two qualities: resilience and perseverance. Anyone can develop them, but they're not for the faint of heart.
8 simple money habits that will help you earn more in 2019 CNBC
Here's a list of straightforward money habits you can start implementing today that can help make 2019 a more lucrative year.
There's a major difference between wealth and net worth vs. income Business Insider
There are a lot of myths about wealth, but one seems to strongly persist: The idea that income equals wealth. "It continues to be the assumption of those who ...
Tesla: A Good Choice But Not A Long-Term Hold Seeking Alpha
If your investment mission is wealth building or spendable capital gain, you shouldn't. Have any of the others been beaten down enough to offer a near-term ...
11 new books to help you build wealth and get more done in 2019 Business Insider
We rounded up some of the best business and money books from 2018 to make 2019 your most productive year yet.
CommonWealth Magazine CommonWealth magazine
CHARLINE LAKE has not unpacked her boxes. It has been more than a year since she moved to Arlington after her apartment building in Somerville's Davis ...
FEATURE-'Shared equity' model for U.S. housing boosts home ownership for poorer families Reuters
DURHAM, North Carolina, Jan 21 (Thomson Reuters Foundation) - A home under construction is a common sight in Durham, a small but booming city in North ...
Save, Invest, & Plan: How to Retire Early Zacks.com
Today, early retirement is a top goal for many, and it can be achieved by changing spending habits and efficient planning.
Richest 26 people now own same wealth as poorest half of the world, Oxfam claims CNBC
In a report published on Monday, the charity revealed that billionaire fortunes rose by 12 percent in 2018 as the poorest half of the world saw its wealth decline ...
Wirral to host community wealth building conference LocalGov
A conference organised by Wirral Council later this month will highlight how Wirral Council is also uniting with other public services to keep spending local.
Looking at wealth management through a "gender lens" Marketplace APM
When it comes to gender equality, corporate America still has a long way to go, and according to a number of studies, that's stifling growth. A 2015 study by ...
A Black-Owned Food Co-op Grows in Detroit CityLab
The Detroit People's Food Co-op will control food production and dissemination to bring good food and wages to an underserved community.
4 Essential Tactics for Building a Lifestyle Business Entrepreneur
You have everything you need to build a successful lifestyle business.
Former Deputy Treasurer for Legislative Affairs, Jovan Agee, appointed New Deputy Treasurer of Housing and Economic Development - Black Voice News
Former Deputy Treasurer for Legislative Affairs, Jovan Agee, appointed New Deputy Treasurer of Housing and Economic Development Black Voice News
Newly appointed Deputy Treasurer of Housing and Economic Development, Jovan Agee (right) with LA County Board of Supervisors member Mark ...
Liberia: Ruling Party Ex- Chairman Lambasts President Weahâs, Officials Over âFast Wealthâ Acquisition - Front Page Africa
Liberia: Ruling Party Ex- Chairman Lambasts President Weahâs, Officials Over âFast Wealthâ Acquisition Front Page Africa
MONROVIA â The former chairman of the Congress for Democratic Change (CDC), Mr. George Solo, has lambasted President George Manneh Weah and his ...
Why MORE money is now going to be spent in Wirral Wirral Globe
WIRRAL'S students, businesses and workers are set to benefit from a new form of economic policy that will see more money spent in the borough,âŚ
Spreading the Wealth: South leads balanced Clear Fork attack Richland Source
BELLVILLE â His season statistics aren't especially overwhelming, which suits Clear Fork's Brennan South just fine.
Sticking to financial resolutions is not impossible Daily News & Analysis
Sticking to financial resolutions is not impossible - MONEY MANAGEMENT: Follow these steps to stay on track to achieving your financial goals.
The retirement questions you should be asking Fox Business
The things that made the 401(k) make sense in 1981 are nowhere to be found today.
7 Best Investments To Make In 2019 Forbes
If you're not sure the best place to park your money for the long-term, here are 7 investment options that will put your money to work.
MLK-themed study reveals states with the most racial progress New Pittsburgh Courier
With Martin Luther King Jr. Day around the corner and 58 percent of Americans saying increased diversity makes the United States a better place (while only 9 ...
Mayor de Blasio Says Wealth Is âin the Wrong Hands,â Pledges to Redistribute It - The New York Times
Mayor de Blasio Says Wealth Is âin the Wrong Hands,â Pledges to Redistribute It The New York Times
In his State of the City address, Mayor Bill de Blasio offered progressive promises and a new ferry between Staten Island and Manhattan's West Side.
Parity Inc.'s top 2019 10 African-American males in Dayton, Ohio WHIO
Ten Dayton men will soon be honored for doing good works. The 26th annual Parity In.
Browns' Freddie Kitchens surrounding himself with wealth of experience clevelandbrowns.com
Cleveland's coaching staff features former head coaches, longtime NFL assistants.
The Typical Black Family May Have Zero Wealth by the End of This Century VICE
Despite what Trump says about black unemployment, the inequality gap is approaching the point of no return, according to a new report.
Treasurer Fiona Ma announces staff appointments Lake County News
SACRAMENTO â Fiona Ma, who assumed office Monday as California's 34th State Treasurer, also has completed her top staff appointments.
Zurich adds to platform in bid for baby boomer wealth www.professionaladviser.com
Zurich has made changes to its adviser platform in order to target the baby boomer wealth transfer, the firm has said.
If income gap is a chasm, wealth gap is Grand Canyon People's World
WASHINGTON âIf the âincome gapâ between the rich and the rest of us is a chasm, then the less-discussed âwealth gapâ â especially between whites and ...
On King Holiday Commemoration: 600 Black Legislators Resolved to Push Policies for Economic Justice - charlestonchronicle.net
On King Holiday Commemoration: 600 Black Legislators Resolved to Push Policies for Economic Justice charlestonchronicle.net
(TriceEdneyWire.com) â It was three years ago that a group of national business leaders launched a movement called Black Wealth 2020 partially based on the ...
3 Stocks to Build Your Portfolio Around The Motley Fool
Investors looking to anchor their portfolio with an all-around solid business might begin with one of these three stocks.
Prudential Affiliate Joins in $245 Million Building Purchase ThinkAdvisor
PGIM Real Estate â an arm of Prudential Financial Inc. â has joined with SJP Properties to buy an office and retail building in Manhattan for $245 million.
The Invisible Energy Bonanza: Creating Wealth Out Of Nothing Forbes
New real-world case-studies show the energy-saving potential in the world's buildings, vehicles, and factories is severalfold larger and cheaper than normally ...
Do you know your net worth? CNBC
What's your net worth? Even if you don't fly on private jets or play polo, this simple equation is an important tool that says a lot about your financial health.
OPINION: 6 ways to achieve financial freedom Independent Online
Let's be honest, we all desire financial freedom. Who doesn't dream of retiring early and travelling the world?
What to Know About 529 College Savings Plans Zacks.com
Since saving for college is becoming increasingly important, 529 college saving plans allow for tax-free withdrawals when distributions are used for qualified ...
Local News: Financial Peace classes start in February (1/21/19) McCook Daily Gazette
McCOOK, Neb. â Financial Peace University classes in McCook will start in February. More than 5 million people have positively changed their financial future ...
6 Wealth Building Alternatives Without Buying Stocks Forbes
If you're taking the time to read this blog post, it's probably safe to say you're interested in building wealth. And, why wouldn't you be? Earning money won't solve ...
Here's How to Invest After Retirement Zacks.com
It is important to make post-retirement investments wisely, factoring in risks and associated costs.
Nine Of The Best Ways To Build Wealth Forbes
It is often said that the three main sources of wealth creation are the stock market, real estate and entrepreneurship. With this knowledge as a starting point, ...
How the All Blacks could keep your finances out of the red Yahoo7 News
"If you have a vision without action, it's only a dream, while action without a vision can end in a nightmare."
Agenda for the 116th Congress: Banking and Finance Competitive Enterprise Institute
Perhaps one of the most under-appreciated aspects of our modern world is the fact that finance is fundamental to the operation of a free and prosperous society.
Affordable housing crisis threatens vitality of Colorado's high-country economies - The Colorado Sun
Affordable housing crisis threatens vitality of Colorado's high-country economies The Colorado Sun
VAIL â Willa Williford, an affordable housing consultant who has worked across Colorado's high country, this week tallied some classified ads in the Crested ...
ADP Adds SmartDollar to its Stable of Financial Wellness Programs PLANSPONSOR
It will be available to all clients, and the cost will be borne by employees.
Student housing proves to be a lucrative niche for investors The Globe and Mail
Andy Knapp wagered there was a market for luxury off-campus housing when he first invested in student condos six years ago in Waterloo, Ont. Now, he owns ...
Thor Cos. sued by Sunrise Banks for more than $3 million; receiver sought Star Tribune
Sunrise Banks has sued embattled construction company Thor Cos. and its founder, Richard Copeland, seeking repayment of more than $3 million and a ...
Celebrity Speakers Expected at Womenâs March, Despite Controversies Variety
Connie Britton, Laura Dern and America Ferrera are speaking at Saturday's Women's March, though controversies could affect turnout.
Henry Sy, a hero of Philippine capitalism BusinessWorld Online
âWealth is well known to be a great comforter.â â Plato. Until about the 1960s and 70s, Philippine business was dominated by the land-based and a few real ...
Transcript: Ocasio-Cortez says the conservative right is âlosing the warâ Washington Post
The Post interviewed New York Rep. Ocasio-Cortez recently on Capitol Hill, asking the Democrat about the attention she has received from conservatives.
11 signs you're going to be wealthy, even if it doesn't feel like it Business Insider
Follow Warren Buffett's lead: Save, invest, and don't follow get-rich-quick schemes.
Mattioli Woods (LON:MTW) Upgraded at Shore Capital Modern Readers
Mattioli Woods (LON:MTW) was upgraded by investment analysts at Shore Capital to a âbuyâ rating in a research report issued to clients and investors on ...
How To Become Wealthy On A High Income Forbes
To the average American, the title of this post sounds silly. She may wonder, "Isn't someone with a high income already wealthy?" This person has not yet ...
Investec backs South African investor's London office acquisition IPE Real Assets
Investec provides ÂŁ107m loan to support acquisition of One Bartholomew Lane.
These 3 financial habits can help you to retire earlier Motley Fool Australia
The long and often arduous journey to build your nest egg can be dramatically shortened by picking up the habits of successful investors.
The 3 key secrets to building wealth CNBC
Wealth is for everyone. Your time will come, so don't ever doubt that you will not succeed. By the same token, don't rush success, because it never happens ...
The critical data to watch as Australia's housing downturn unfolds Business Insider Australia
Australian home prices have now been falling for over a year, led by increasingly steep falls in Sydney and Melbourne, Australia's largest and most expensive ...
As Seen on GMAZ: Friday,Jan. 18 | Good Morning Arizona AZFamily
Barrett Jackson's 48th Annual Scottsdale Auction. Barrett-Jackson will sell thousands of coveted, authentic automobilia pieces, all at No Reserve, during its 48th ...
Best Practices for Managing ERISA Litigation Risk in 2019 PLANSPONSOR
Three Mayer Brown ERISA attorneys discuss the current litigation landscape and offer practical strategies for promoting compliance in 2019.
The author of 'The Millionaire Next Door' explains 3 ways anyone can build more wealth - Business Insider
The author of 'The Millionaire Next Door' explains 3 ways anyone can build more wealth Business Insider
Building wealth is possible regardless of your financial situation or education â if you're practicing these three things.
The boss is retiring. The kids don't want to take over. Family-owned manufacturers confront a succession âcrisisâ - Chicago Tribune
The boss is retiring. The kids don't want to take over. Family-owned manufacturers confront a succession âcrisisâ Chicago Tribune
Baby boomer company owners often don't know who will run their businesses once they hang up their gloves. A Chicago nonprofit seeks to match retiring ...
A wealth-building tool often more coveted than a 401(k) plan by employees CNBC
In the ongoing battle to find and keep the best workers, here's another tool more and more companies are considering: ESOPs. Employee stock ownership plans ...
Bitcoin Price Could Crack $10 Million, Become New Gold Standard: Asset Management Firm CCN
A new report from asset manager Lucid details how the bitcoin price could soar as high as $10 million -- and save the world from a looming debt crisis.
Eight Expert-Recommended Apps And Tools For Wealth-Building Forbes Now
Forbes Finance Council members share the apps they recommend for keeping a handle on personal finances.
The Front Page podcast: NZ housing among world's most expensive, wealth inequality 'out of control' - New Zealand Herald
The Front Page podcast: NZ housing among world's most expensive, wealth inequality 'out of control' New Zealand Herald
Each weekday The Front Page keeps you up to date with the biggest news in New Zealand. Today it's Tauranga with the eighth most expensive housing in the ...
Tax reformâs wealth-building for average Americans should define election | TheHill The Hill
Tax reform and tax rate reductions are central to the 'wealth multiple' that individuals and families will enjoy over the coming years.
Seven Investment Strategies To Build Real Wealth Forbes Now
In the United States, the median household income sits around $57,617 a year â hardly a livable salary, let alone a wealth-inducing one. Experienced investors ...
Why Real Estate Builds Wealth More Consistently Than Other Asset Classes Forbes
If you lived through the recent real estate and economic recessions, the very headline of this article might cause you some emotional pain. Less than ten years ...
5 Passive Wealth-Building Strategies to Add Three Days to Your Weekend Entrepreneur
Many people associate work with punching the clock, the 9-to-5 slog and saving for retirement. The trouble is, an hourly rate alone will never make you wealthy ...
I grew my net worth by over $100,000 in 2 years â and I started by saving just $5 a day - Business Insider
I grew my net worth by over $100,000 in 2 years â and I started by saving just $5 a day Business Insider
Sean, who goes by "The Money Wizard," grew his net worth by more than $100000 in two years and is on track for an early retirement.
It's Time to Heed King's Call for the Abolition of Poverty Truthout
As long as what's called âWestern civilizationâ has existed, people have been punished for being poor. This isn't something the Western world invented, but it's ...
Martin Luther King Jr. was right: âThe inseparable twin of racial injustice is economic injustice.â - The Boston Globe
Martin Luther King Jr. was right: âThe inseparable twin of racial injustice is economic injustice.â The Boston Globe
To Tanisha Sullivan, president of the Boston branch of the NAACP, one of her favorite Martin Luther King Jr. quotes comes from his first book, when he observed ...
7 Wealth-Building Budget Items That Are Often Overlooked Zing! Blog by Quicken Loans
Go beyond the daily expenses and look toward the future with these seven often-overlooked budget items that should be considered when building your wealth.
The most expensive house in Africa Legit.ng
Legit.ng News â Which is the âź MOST EXPENSIVE HOUSE âź in Africa! Who owns Africa's most expensive estate? Where is it situated? How much does this ...
I've been investing in real estate since I was 22 â here's why it's one of the best ways to build wealth - Business Insider
I've been investing in real estate since I was 22 â here's why it's one of the best ways to build wealth Business Insider
Dana Bull is a realtor and real-estate investor based in Massachusetts who believes real-estate investing is a great way to build wealth because it generates ...
7 tips for building wealth MoneyRates.com
Building long-term wealth is a big job. Learn about the techniques that can help get you there -- budgeting, retirement calculators, and tax-advantaged vehicles ...
How to build wealth from nothing? Global Banking And Finance Review
Are you crazy about how to build wealth from nothing? Look, there are too many ways that help you earn and save money even if you have nothing in your bank.
Wealth Building for Equity: Lessons from the Twin Cities Nonprofit Quarterly
In Minneapolis and St. Paul, Nexus, a funding intermediary, was attracted to the idea of âcommunity wealth buildingââthat is, using common ownership of land ...
4 Steps to Build Wealth in Your 20s and 30s U.S. News & World Report
Once you've reached your 20s and 30s, it's likely that you have completed your education, become employed and taken on increased financial responsibilities.
11 books to read in 2019 if you want to get rich INSIDER
Take control of your finances in the new year with these personal finance books that cover everything from budgeting to building wealth.
Warren Buffett: Ignore Him If You Want To Build Wealth Fast Forbes Now
Warren Buffett is one of the wealthiest men in the world, but that doesn't mean you should follow his advice for getting rich.
3 Proven Principles for Building Wealth Investorplace.com
Follow these principles to score big profits from tiny stock moves. Ken Trester explains how to use stock trades for building wealth.
Newsmaker: A place for independents Investment Executive
The new CEO of PWL is focused on embracing technology and bringing in young advisors to help the firm attract clients. By: Fiona Collie; Source : Investment ...
More Cities Are Focusing on Wealth-Building at an Early Age Next City
In May, Christine Pineda completed her associate's degree. She started school more than a dozen years ago, but a variety of factors led her away from school ...
How to get out of debt and build a 'wealth snowball' NBCNews.com
For many people, getting out of debt may seem impossible. But if you focus on paying more than what's owed on your minimum monthly balance, it might be ...
Conference focuses on Black economics and wealth-building FinalCall.com News
What's your opinion on this article? black-national-convention_10-09-2018.jpg. The All Black Convention convened in Philadelphia. PHILADELPHIAâFinancial ...
City Halls Now Hiring for Community Wealth Building Next City
Reggie Gordon is the director of Richmond's Office of Community Wealth Building, the first of its kind in the nation. As he says, minorities all too often suffer from ...
The truth behind building wealth Independent Online
Understanding each of your options on your wealth-creation journey will set you up well to achieve your goals.
Wealthbuilding Guru Says Bitcoin Hodlers Have a 'Problematic Mindset' CCN
Ramit Sethi, author of the bestselling "I Will Teach You to Be Rich" has taken a swipe at crypto hodlers, suggesting that their investment strategy is fundamentally ...
How to get rich? 5 sure-shot ways to create serious wealth that you always ignore Economic Times
Wealth creation is tough. But taking the right steps â no matter how little they are â can make it easy and help you go the distance. Cut to school days.
Test Yourself: Are You Ready To Be The Next Millionaire Next Door? Forbes
When I first started learning about how money works, I read every money management book I could get my hands on. One of my favorites was The Millionaire ...
New York's iconic Chrysler Building put up for sale Reuters
The Chrysler Building, an Art Deco masterpiece that has been a defining image of New York City's skyline for decades, has been put up for sale, a minority ...
Could a Roth IRA be Better Than a 401(k)?
Very few people whom I know are familiar with the benefits of the Roth IRA. It was named for the late Senator William Roth of Rhode Island, who proposed it.
The Secrets of World Money Flows and A Simple Way to Understand Them
You can learn the secrets of world monetary flow if you will simplify the concept. The Allegory of a "The Beach Ball," is not taught in all universities, perhaps it should be.
How to Make More Money
When I was a student in London, I had a part-time job working in a new-age bookshop near Camden Town. One day, Robert Plant, the lead singer for Led Zeppelin, came into the shop and walked up to the owner.
Cutting Costs Can Significantly Increase Your Income
As a work at home Mother, I know the value of a deal. Any smart business person knows that the best way to make money is to SAVE money.
The Predicament of the Newly Rich
They are the object of thinly disguised envy. They are the raw materials of vulgar jokes and the targets of popular aggression.
Steps to Financial Freedom
Financial freedom is the power to do what you will with your life without being forever bound by lack of money and over burdened by debt. This worthwhile goal can be achieved by anyone through careful planning and persistence.
Create Tax Savings And Transfer Wealth To Your Child With A Roth IRA
Parents must give serious thought to protecting their family through estate tax planning. While life insurance and trusts should be a part of every plan, Roth IRAs can be a simple tool for passing money to your child on a tax-free basis.
Anthony Robbins 12 Reasons Why People Dont Get Wealthy
According to Wallace Wattles, in his popular wealth treatise called the Science of Getting Rich, said that, "There is a science of getting rich, and it is an exact science, like algebra or arithmetic. There are certain laws which govern the process of acquiring riches, and once these laws are learned and obeyed by anyone, that person will get rich with mathematical certainty.
The Making Money Obsession - Discover The Real Truth
In most societies, we are raised to believe in the myth that "it's spiritual to be poor". Or we use such phrases as "filthy rich", or "Money is the root of all evil".
Is Accumulating a $1,000,000 Net Worth Easy? Yes and NO
Is accumulating wealth as easy as following a 3-step plan? Yes it is and no it isn't. As with many things in life, accomplishing a goal such as accumulating one million dollars (or even $100,000) depends on your desire, your personal choices and your daily actions.
A Completely New Way To Get Rich Rapidly
This new way is catching on around the world. People are compounding money rapidly for themselves.
Re-discovering the Fundamentals of Financial Planning
To lose weight in the 80's, we went on low-calorie diets. In the 90's, we switched to low-fat diets, and now, in the 21st Century, we are completely convinced that it's all about the low-carb diet.
Online Retirement Opportunity: Freelance Copywriting
For most of us, the idea of retiring simply on our pension is not a happy prospect.While we may have always had dreams of a retirement that is worry-free and with a few luxuries thrown in, the stark reality is that our pensions will likely give us only the most basic living conditions, with none of the luxuries we had hoped for.
Increasing Your Wealth by Increasing Your Financial Literacy
Perhaps the primary message of Rich Dad, Poor Dad is increasing basic financial literacy. Perhaps I should say financial literacy for the common man and woman.
I Dont Need A Financial Coach To Help Me!
You've been thinking that your financial life could probably be better, right? Maybe you think, "If I could just stick to a budget everything will be fine?", or how about "When I get that next raise or promotion, I'll have enough money to pay off my debts and save some money?" You may even be thinking,"I can do this on my own!"I hear these comments and more on a regular basis. I usually say, "Great! Can you think of any reasons your financial life isn't perfect right now?"It's really your "little voice" which is prompting you to say all these things! Your little voice has a job to do and that is to protect you from any change because it "knows" that change will be hard or scary or cause more work and it's just easier to keep things the way they've always been.
Retirement - Can You Afford It?
Every day you work is one day closer to your retirement. But can you afford to stop work? If you were unable to go to work for 6 months due to illness or injury, would you still have enough income to support yourself and your family? Even if you kept working, would you have enough money put aside to comfortably retire after a hard lifetime of work? If you kept working or doing as you're doing today, for the next 10 years, would you be in a better position to retire? Have you ever calculated whether your superannuation or the pension is going to be enough for you to retire on?For most people these questions either remain unanswered or have negative responses.
Do You Want To Save Money Easily?
Living on credit is fashionable. Indulging oneself is fashionable.
The 11 Best Money Saving Ideas of All Time - Part 2
At any time in history, no matter what the current state of the economy, no matter what the current trends, no matter what the unemployment rate is or where interest rates lurk, some money-saving ideas stay true.Some of you may have heard of these ideas before, others may be entirely new to you.
Have You Ever Had That Feeling?
Have you ever had that feeling where you could not wait to go to sleep because you were so anxious about tomorrow? You were so excited and your heart was beating so fast that as much as you tried you could not go to sleep? So you just lay in bed imagining what you would do the next day. Imagine that you were thinking about what you would do with the money you've made that day and how much more you will make tomorrow.
Who Else Is Tired of Life Punching Them in the Face?
Remember the bloodied face of Randall "Tex" Cobb?He was a boxer who fought in a championship bout against then heavyweight champ Larry Holmes in June of 1982. It wasn't pretty.
|home | site map|