If you've been a follower of my blog for some time now, it is evident that personal finance is a very big concern for me. I want to be in the best financial position always. I think its important to teach people about savings and personal financial goals and responsibilities. I want to share with … Continue reading The 3 Best Apps for Saving Money
Category: investing
10 Ways to Teach your kids about Money
One of the things I vividly remember about my childhood is my parents teaching me about saving. That is one of the things I am most grateful for and am forever thankful to my parents for instilling in me. Now as an adult I see too many people who didn't have a solid foundation with … Continue reading 10 Ways to Teach your kids about Money
My Top Four Passive Income Streams
Most of us think about being able to retire one day and live your dream. You think about it quite often. If you're anything like me , you think about it probably more than you should. I would love to be able to quit my job and travel the world. I know that is not … Continue reading My Top Four Passive Income Streams
5 Amazingly Simple Tips for Financial Success
This post may contain affiliate links Financial Success. We all gravitate towards that notion, some more than others. If covid 19 has taught us anything, it's that you must learn to expect the unexpected. After all, how many of us really thought that we would live to experience a pandemic. Moving into 2020 I had … Continue reading 5 Amazingly Simple Tips for Financial Success
10 Steps To Improving Your Financial Literacy
Financial literacy is the ability to understand and effectively apply various financial skills, including personal financial management, budgeting, real estate, tax planning and investing. This topic tends to scare most people . Taking a good look at your finances and understanding it may make you face some harsh realities. The first step is understanding. Once … Continue reading 10 Steps To Improving Your Financial Literacy
Playing with FIRE
Financial Independence, Retire Early (FIRE) is a financial movement defined by frugality and extreme savings and investment. By saving up to 70% of annual income,FIRE proponents aim to retire early and live off small withdrawals from accumulated funds. The goal is to save and invest very aggressively—somewhere between 50–75% of your income—so you can retire sometime … Continue reading Playing with FIRE
Trading vs. Investing: The Basics
Investing is defined as holding a position more than a year. Here is a quick overview of the pros and cons of this long-term strategy. Remember investing isn’t actually trading. It's not enough to simply save a lot of money-- if you was your savings to really multiple, you have to invest.The goal of investing is … Continue reading Trading vs. Investing: The Basics
4 Money Moves To Make In Uncertain Times
As we are in the middle of a world-wide pandemic, many things seem uncertain. The outbreak of COVID-19, constantly changing behavior expectations to attempt to contain the virus (when will schools and offices re-open?), and intense market volatility it’s no surprise that many of us are feeling that way. . Unemployment rates are the highest … Continue reading 4 Money Moves To Make In Uncertain Times
Good Debt vs. Bad Debt
Debt- Its one of those things we all hate. It keeps most people up at night, makes us stressed and often pushed into uncomfortable positions to be able to pay it off. No one wants to be in debt. There is definitely a negative connotation that comes along with being in debt. When you look … Continue reading Good Debt vs. Bad Debt