If you’re thinking about making money by starting a small business, you don’t have to immediately look for retail & commercial real estate. That sort of investment isn’t probably within your budget anyway. But if you’re just aiming for some quick cash by selling some of your unused and old possessions, you don’t actually need a shop. You can just sell your products online. You don’t even need your own website either, unless you really want to take your home-based business to the next … [Read more...]

It’s always fun to look up celebrity’s net worth, whether they are accurate or not, gives a little insight as to how much more money they have than we do.  Net worth be figured out by adding up all of your assets and subtracting your liabilities, and hopefully that number is a positive for starters.  When it comes to counting your home, you take the worth minus the existing mortgage.  As you continue to get older it’s important to increase your net worth so that by the time you retire you have … [Read more...]

Handling the household finances can be a lot of pressure, after all, deciding where your money goes after receiving your paycheck is important.  If you’re not careful, you can be on the fast track to being broke pretty quickly, and once you’re in debt, can take years to come out of, if you even can at all.  By making the right money moves now you can set yourself up for success, not only on a monthly basis, but in the future when you are ready to walk away from work and head on into retirement.  … [Read more...]

When you think of wealth, it doesn’t have to come in the form of gold treasure, or even a briefcase full of money, but actually personal wealth has to do with securing your financial future.  You don’t have to be an athlete or musician to spend boatloads of cash.  If you make even a decent living now but spend every last dollar and have nothing to show for it, you could be putting yourself in jeopardy to have nothing to live off of during retirement, when you are supposed to be living life … [Read more...]

Retirement can be a scary thing to think about.  One, you will be entering your twilight years is scary enough, but then you start to think about having enough money to live off of.  How much will you need?  Are you contributing enough right now?  Those are serious questions that you will have to review with your spouse and/or financial planner to get you in line to have enough to life off of when you need it.  By avoiding a few ways that you can mess up your retirement savings, you can live a … [Read more...]

Making an investment is as essential as staying healthy. This is because, without investing today, there wouldn't be any wealth tomorrow. While some people prefer to invest occasionally, the best way to grow your investments is adding one to your monthly budget. There are several benefits of adding "investments" to your monthly budget. They are as follows:       1. Monthly investments would result in a large investment portfolio: Monthly investments is a reliable way to create a large … [Read more...]

If you think you are the only one living paycheck to paycheck, you are not alone.  Probably your friends, family, even those writing and reading this article can all agree that if you were to miss a paycheck from work your whole life could be turned upside down while you get behind.  It is a scary thought, so just in case of an unfortunate event or job loss, it is important to get ahead and have a little cushion in your life and ease the burden a bit. Build Up an Emergency Fund You might … [Read more...]