How To Be Financially Stable In Your Twenties And Early Thirties
Running a small business can be difficult, but with the right tools and strategies in place, you can make your business thrive. This blog post will discuss four things that your small business can benefit from: marketing, accounting, tech, and a website. Keep reading to learn more! Marketing Are you looking for strategies to take... Continue Reading →
Are you worried that your business is going to crash and burn on the market? Here are the steps you can take to avoid a disaster. Pexels Source CCO License Heavy Costs First, you do need to be aware of problems with heavy costs that can hurt your company. The issue with heavy or high... Continue Reading →
Properties that are in poor condition are typically known as ‘fixer-uppers’. Many people buy these properties because they are cheap. These properties are also easy to ‘flip’ - this involves making improvements in order to increase the value so that you can sell the property for a profit. For some people, these homes can be... Continue Reading →
In a previous post, we've discussed the many advantages of starting a side hustle venture to provide an additional source of income to your household. Side hustles can not only help diversify your income, but they can also be scalable. If they are successful, you can grow them and boost your income even further. You... Continue Reading →
If you haven't noticed, home prices are sky high now and have been on a growing trend for the past couple years. It is becoming more and more difficult for individuals and especially millennials to buy their first home. While a home is not an asset until it's paid for, it is still an aspiration... Continue Reading →
One of the biggest questions in life is what happens to us when we die. Where do we go? Is there anywhere to go? What happens to your body? Well, we know what happens to our bodies when we die as that’s been extensively studied. The one question that does often come up is what... Continue Reading →
Starting a business is probably a dream come true, but success takes hard work, focus, and determination. Sometimes it happens that you have a great product or service, but still, your business is struggling. Have you ever thought of one word that could keep your business moving forward? Well, the answer to all your problems... Continue Reading →
Investing is something we have to approach in different ways, depending on the financing at our backs and the plans for the future. And because of this, it’s a good idea to think about the best kind of investment for you ahead of time; something like cryptocurrency, for example, requires relatively little input, compared to... Continue Reading →
Picking Your Own Stocks A lot of people like the idea of picking their own stocks because they have full control over their investments. However, it can be very risky for new investors. It’s completely down to you to assess a stock and determine whether it is a good investment or not. If you don’t... Continue Reading →
No matter what you do in life, you can never tell what’s waiting around the corner to surprise you. It’s never too early to start preparing for future surprises, and there’s no such thing as having saved too much. The more money you put away for later, the more you’ll be able to rely on... Continue Reading →
For many of us, a home is the most significant personal investment we will ever make. For others, flipping real estate is a side hustle that can turn lucrative and full-time. Either way, paying attention to these two critical areas of your home will add value when it is time to sell. Also, make sure... Continue Reading →
Working capital is integral to the financial structure of any business. Carefully monitoring it is what can differentiate between the success and insolvency of your business. Pixabay – CC0 License You can measure the amount of working capital by subtracting your current liabilities from your current assets. Only then can you tell if you have... Continue Reading →
When things are going well, it can be hard to imagine selling stock for much less than the price that you bought it for. However, none of us can ever be too sure of what is going on with the market, so we can’t forget just how important having a well-diversified portfolio is, no matter... Continue Reading →
Due to its stable year-round earning potential, real estate remains one of the oldest and most popular ventures for investors; it appreciates in value over time, outperforming many other investment areas. In the US, the real estate industry is essential to the economy, accounting for about 13% of the GDP. Different types of property investment... Continue Reading →
People used to think that millennials were going to be the generation that would never buy their homes. However, it appears that the opposite is happening. While it is great that more of this generation is starting to buy homes, it’s a big decision to make and there are things that need to be considered. ... Continue Reading →
Cryptocurrencies such as Bitcoin have become popular recently. Can investing in them help you achieve your goals? Here are the pros and cons.
When we go from adolescents to adults, or from college to a working life, there comes a point when we naturally think about money more seriously. When you look around, whatever your financial situation may be, it could seem like most people are doing ok. After studying a bank portfolio of hundreds of consumers, I... Continue Reading →
For most of us, as some point in our lives, we start thinking about the future or a legacy. We start imagining what retirement could be like, what a life of true financial stability would mean. In parallel, we consider our current financial position and whether it will take us where we want to be.... Continue Reading →
When I published Money-Smart Millennials in 2016, many of my friends and readers started asking questions about investing. I must admit, I wasn’t an expert when it came to investments and I’m still not today. Many have tried investing in the stock market and other avenues such as real estate and as you’ve probably realized... Continue Reading →
The topic of investment in real estate can be very controversial. For a long time, it was thought that real estate was a secure and one of the safest investments that one could make. The economic downturn and the scandal of the financial and mortgage industries showed us that our assumptions may be wrong. There... Continue Reading →
Money-Smart Millennials 