A Personal finance blog for saving money and earning more and thus having a better life
Business is not a cup of tea for everyone; it comes with many sacrifices and turns. Every entrepreneur or business founder feels like to raise money for the business to leverage it. Raising money for the company is one of the difficulties every business person faces in their business life.
Because business needs cash flow, correctly managed liquidity when you are setting up something new. Later it might give you a lot back, but in the initial stages or mid-stages, it needs cash.
“How to be rich” is the central theme of this blog. Check out previous articles about this theme of how to be rich. You can be rich in four different ways, each one independent of another.
Staying healthy is one important aspect which encompasses all four aspects of being rich.
It never hurts to find ways to earn more money for the future. Check out these 8 investing tips for beginners and start bringing in more each year. The average American is saving less money than ever before. As a percentage of their income, it’s down to 2.4%.
With such little capital to work with, many people choose to avoid investing altogether and either ignore their impending retirement or work well into it to make up for the difference.
My neighbor Tom has the biggest heart… and the biggest house, the biggest truck, the most outdoor furniture one backyard can hold, and three garages stockpiled with stuff. He’s our neighbor who loves to host every neighborhood party featuring everything you could wish to eat or drink. He seems to have all the advice on the best vacation destinations. And, he is the first one to give anything away upon casually overhearing that someone is in need.
Although my husband and I do our best to be polite and gracious of his friendship and goodwill, we often wonder at what cost Tom does all of this, both financially and personally. Tom and his wife do well for themselves, this much I know.
The key to wealth isn’t your primary source of income, it’s the growth of secondary income through side jobs.
Consider this: the typical person has one full-time job, which represents one source of income. Let’s name this typical person Phyllis. As long as she’s employed, Phyllis’s job serves as a stream of revenue. Yet, Phyllis has far more uses of income than sources of income. She has to pay for rent, utilities, groceries, insurance, etc. These add up fast.
Having good financial habit is a must for everyone but most usually don’t have these or have not spent the time to take a good look at their finances. Because you are here reading this I can assume that you have decided to take your financial life a little more seriously.
Below are 10 great financial habits you must imbibe to get you to achieve the financial freedom you have always dreamed of.
Many of us give to charities. I contribute from my paycheck as my employer matches charitable contribution, dollar by dollar. Although I don’t even give 1% of my income to charities, I think I should. importance of giving is the subject of today’s post.
More than 1 billion people are starving in the world For the majority in the West, poverty is considered to be synonymous with hunger. As per the announcement by the United Nations Food and Agriculture Organization, more than 1 billion people are starving in the world.
Monday morning I met John at the cafeteria. He was brewing coffee and I was there for a cup of tea. He sighed in between the conversation and said “5 more days”. Seeing my puzzled look, he explained further – “to the weekend”. We all wait for the weekend the whole week. Almost 60 hours of time, but most of the time we don’t really pre-plan to do anything on a weekend.
There are so much to do, there are people around, things around. You need to find time and company of your family and friends. I have prepared 51 family fun ideas, these can be applicable to your friends as well.
This is a guest post from blogger Amy Davis from Slay Your Budget. She is a former therapist, stay-at-home mom of 4 and die-hard University of Pittsburgh Panthers fan. She made financial freedom a priority after their third daughter who required a 53 day NICU stay, 14 surgeries to date, and of course, large medical bills. Hope you enjoy her personal story and her values about her worth in terms of time.
In my former work life, I was a therapist treating children and teens with various mental health challenges. After an evaluation with the psychologist deemed these kids in need of treatment, they were paired with a therapist like myself, to formulate a treatment plan and commence therapy.
Like most people, I read a lot of books about money but never actually do anything afterward. That’s about to change. One of my new objectives is to read books about money and put them into action.
I currently rate Rich Dad Poor Dad as my number one personal finance book (there is a reason it is the top-selling personal finance book). Given that I rate it so highly, it feels right that this is the first book that I try and put into action.
