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