In addition to investing, the wealthy take advantage of tax breaks. And guess what? There are a crazy amount of tax breaks available to the average person too! Using the…
Month: July 2020
Do a Google search for this and you’ll get all sorts of different answers. The most common results suggest 15 – 20% of your income. But this recommendation doesn’t take…
Compound interest is one of the most powerful forces in the universe. In 1803, the U.S. paid France $15 million for the Louisiana Territory (828,000 square miles). This works out…
If you read the post on paying off debt, you saw how your expenses can be like a treadmill you’re walking against as you try to get ahead in life….
Paying off debt – or avoiding it – can save tons of money. Even better is investing the money you would have been spending on monthly debt payments instead. This…
All building wealth really comes down to is: spend less than you earn, and invest the rest. The more you decrease expenses and the more you increase earnings, the faster…
Cutting expenses is often easier and has a larger long term effect on financial health, but has it’s limits. At some point, you do reach a point where you can’t…
Saving money is not about cutting everything to the point you’re miserable. Instead, it’s about being frugal, but not cheap. It’s about seeing through deceitful marketing tactics, understanding the true…
Ever wish you had the freedom to pursue your dreams and passions and live your best life without having to worry about making enough money to support you and your…