A Personal finance blog to get rich
Purchasing your dream home is an experience filled with colorful paint swatches, perfect furniture arrangements, and custom, personalized decor. While the idea of homeownership may seem exhilarating, the reality is much less shiny and bright.
Between down payments and escrow closing-costs, purchasing a home is a substantial financial investment. However, payments don’t stop with the initial purchase.
Do you often catch yourself dreaming of a luxurious, jet-setting life—one filled with beach-front vacation homes and self-driving Teslas? Wealth is the ultimate tell of a flourishing businessperson, right next to being your own super-successful boss. Unfortunately, many misinterpret entrepreneurship as financially irresponsible due to the potential risks and exaggerated horror-stories associated with self-employment. However, wildly-successful entrepreneurs—think Steve Jobs or Mark Zuckerberg—dismantle self-employment-myths one iPhone-purchasing, Facebook-addict at a time.
Entrepreneurship is diverse and various in its benefits. Increased independence, expanded, flexible avenues, and the prestige a rags-to-riches story exudes make small business ownership worth the hassle. Plus, smaller companies fare quite well—especially when business owners take advantage of government benefits and implement successful empire-building strategies.
I use coupons and vouchers, but not insanely. Even though I believe that using coupons won’t make us rich, I use Priceline for our hotel and airfare often. I do try to look for coupons for every big-ticket purchase.
Once we were obsessive, especially right after coming to this country, actually online coupons increased our spending. We realized coupons are to be used intelligently.
Clearly, the covid period has had destructive impacts on world economies. Several businesses have been forced to downsize, and a high number of people globally have lost employment. Getting an alternative means to generate extra income under the current economic conditions can be a demanding task. However, my team has discovered many people are getting high yields in the cryptocurrency market by using automated trading apps such as Bitcoin Profit.
Cryptocurrency traders are indeed making substantial amounts every day with automated trading apps. These trading apps, including Bitcoin Profit, are reliable and have proved to be valuable investments since they hit the market a couple of years back.
The pandemic has changed everything.
As COVID-19 forced the world to hit the pause button, many facets of daily life slowed down.
A revolution hit, making people rethink their routines and adapt to the “new normal.”
What good can someone who sits on the couch all day and watches TV do for the American economy? Well, they, or someone who acts in their stead, are paying rent. Someone had to buy the couch. Someone probably had to buy the food, which helps, too.
The poorest in America can have an economic purpose, as evidenced by our current welfare system. They could transform small businesses into thriving structures that develop talent. The poor could also use their own skills that may not be in demand in the workforce to build communities. They could have a more independent lifestyle that would help create more fulfilling relationships.
Investment can be one of the best financial decisions you can make — or one of the worst. While the basic principle of trading stocks is not difficult to understand, you’ll need to spend some time developing your instincts so that you know when to take the critical steps, like selling shares or buying into a startup.
Today, let’s look at some of the equations you can use to develop accurate instincts, especially when considering your stocks and their value to you.
I have been using DOSH for the last few months. I downloaded, registered, and added my credit cards.
I turned off DOSH push notifications, so it doesn’t annoy me anymore with daily deals, near-by sales, etc.
One of the biggest impediments to starting any small business is obtaining the financing necessary to get it off of the ground. Thankfully, as a result of modern technology, there are many options that can help someone get the financing they need. Here’s an overview of some of these options.
Personal Funds, Friends and Family
More often than not, a person will turn to their personal funds, friends, or family in order to obtain the financing they need. These obviously have many advantages: Dipping into your own funds is easy to do, and many creditors will require that someone put their own funds into a project before lending any additional money. If you are fortunate enough to have friends and family that have the resources you need, this can be a relatively easy thing to do. Of course, there are disadvantages: You can strain relationships, owe dear friends thousands of dollars, and potentially go into business with people you care about – something that doesn’t always work out well!
Many people also downplay the importance of investing. It’s especially true among those who already have their own businesses and have become overly reliant on them as a recurring revenue source. The good news is that over the past few years, it has gotten easier to start an investment portfolio.
If you’ve saved a few thousand dollars in your bank account, you already got everything that’s needed to get started.
