When talking about wealth, the first thought that comes to mind is usually money. The more money you make, the wealthier you are. That’s the basic concept. However, wealth extends beyond this simple definition. Wealth is also determined by your investments, along with all the things you own. Measuring your wealth can be accomplished by …
Maximizing Your Wealth: A Guide to Self-Investment READ MORE
Retirement is supposed to be the time of your life when you relax and don’t worry about anything. But it can be just as stressful as ever. One of the potential sources of stress is money. In retirement, you are technically supposed to live on your savings and your pension. But expenses can go up …
Retirement sounds scary for people, especially for those with little to no plans on how to sustain themselves after work. That’s why investing in assets that will continue to work for you even if you cannot work anymore cannot be overlooked. Think about how you will decide to spend the later years of your life. …
Everyone wants to buy a house. The problem is that not everyone is financially equipped to pursue this dream and those who do often enter a spiral of money problems somewhere down the road. In fact, this scenario has become so normal that people who get their own houses often expect to suffer from such …
Here’s Why You Should Prepare Your Finances for a Mortgage While You’re Single READ MORE
We’ve all heard the old adage, “when it seems too good to be true, it probably isn’t.” But sometimes, it can be difficult to distinguish a truly good deal from a bad deal disguised as a good one. This is especially true when it comes to buying a house. How do you know if the real …
Amid a pandemic, should applying for a mortgage be on top of your mind? Is this really a great time to invest in property? And if it is, how are you going to go about applying for one when we are being asked to practice social distancing and when risks are at an all-time high …
The average American’s financial struggles are well-documented. In 2019, CBS reported that 20% of workers spend more than they earn. Overall, seven in ten people have trouble managing at least one aspect of financial stability. Keep in mind that all of these trends emerged during a strong economic period, before the pandemic of 2020. While …
Make It Your Personal Finance Goal to Outpace Inflation READ MORE
It’s no secret that people behave differently during an economic downturn. The purse strings are drawn tighter for many households, emphasizing essentials and value for money over brand recognition and loyalty. Studies of consumer behavior in the wake of the Great Recession of 2008 back this up with historical evidence. The real problem emerges when …
An Abundance Mentality to Help You Survive Financially amid Uncertainty READ MORE
So you bought your first ever house. You’ve already moved in, and everything is already settled. Then it hits you. Buying a house can be more expensive than you think since you will be responsible for everything. Besides the house itself, other things that can cost a fortune are your utilities, insurance, bills, repairs, and maintenance. According …
Having health insurance can mean the difference between life and death, but why are still so many people uninsured? If you’re selling health insurance policies for a living, it’s imperative that you know why people want health insurance, as well as why some people refuse to buy it. In this way, you can better understand …
