How Top Performers Actually Achieve Goals
Goal setting is important because it keeps us focused on what we want to achieve. Everyone has a different financial vision for the future, and that vision or dream may change over time. Reaching your financial vision is not something that happens without planning, nor does it happen overnight. In order to achieve your financial dream, you […]
Do You Understand Where Your Money Goes?
While spending plans or budgets don’t look the same they often include similar groupings or classifications. Here are some categories to consider as you set up your spending plan: Housing – includes rent or mortgage, insurance and property taxes and any condo or homeowner association fees, and money to repair or replace appliances and general […]
Top 4 Things You Need To Know As You Make Spending Decisions
Spending is about making choices. Some spending choices are simple and easy to make, while others may prove to be more difficult. Things you need to know as you make spending and saving decisions include: How much money comes in each month? Where do you spend your money each month? Is there a difference between […]
3 Things To Consider When Looking For A Job
How much you get paid depends on a lot of factors, including your skill set, the demand for the skills you have, and what other people are getting paid. ~ CrashCourse Jobs and careers enable us to earn enough money to support ourselves and our families. As you work towards financial independence, it is important to align […]
5 Ways to Increase Your Income
Your Road to Financial Freedom Begins with a Consistent Income. There are a number of other ways to increase your earning potential including: Advance career opportunities over time – You may be fortunate enough to stay in one career or with one employer for many years. However, the average person will change careers 5 to 7 […]
Financial Risk: More Than a Game of Strategy
Financial risk tolerance is simply a measure of how much of a loss an investor is willing to endure within a portfolio and his or her willingness to accept higher risk in exchange for the possibility of higher returns. Financial risk tolerance looks at how much market risk—stock volatility, stock market swings, economic or political […]
5 Reasons to not keep cash under your mattress
Financial institutions are companies focused on providing financial and monetary transactions such as deposits, loans, investments, and currency exchange. Why should you use a financial institution to manage your financial transactions? Here are five key reasons to do so: Safety: It’s risky to keep your money in cash. It could easily get lost, stolen, or […]
What Type of Insurance Do You Need?
Facts About Insurance A risk is something that exposes us to danger, harm, or loss. We face risks every day, and often these risks can have a financial impact on our lives. Getting sick, breaking a leg, having a car accident, or experiencing a house fire are examples of risks that may happen to any […]
Four Benefits of Real Estate Investing
The benefits of investing in real estate as a way to build wealth are many. When investing in the right property, investors can enjoy predictable cash flow, excellent returns, tax advantages, and diversification. Four Benefits of Real Estate Investing are: Cash-on-cash – This measures as a percentage the cash income earned on the cash invested […]
5 Ways FICO Calculates Your Credit Score
A credit score is a three-digit number that identifies how risky you are to a lender. One Little Three-Digit Number You may not even know you have one. If you have a utility (electricity, phone, etc.) account, a credit card, a student loan, a car payment or a mortgage, you’ve got one. You’ve got a […]