Credit cards are a tool and when you budget accordingly use them that way, you can use credit card rewards to score bonuses like free travel.
Becoming debt free is an important milestone to reaching financial freedom. A drastic change to your spending can speed up the process significantly. Hear how this story of how moving to the hood lead to debt freedom.
Have you wanted to invest in startups like an angel investor? It used to be that you needed a net worth of $1M and lots of capital to invest, but the laws have changed. Equity crowdfunding has changed this, allowing anyone to add startup investing to their portfolio with smaller amounts of capital.
Restrictions. Constrictions. Self-denial. And Self-deprivation. These are often common thoughts that come to mind when the average person considers putting themselves on a budget. And for people who are unfamiliar with the freedoms of money management, the problem lies with the thought that once a budget is implemented, all the “fun” goes out the window. […]
For too many, money is a source of stress and worry. Getting into the correct money mindset and learning to cope with the stress is important for building your wealth and keeping it. Learn some techniques to dealing with the stress money can cause in your life.
It’s quite likely that you’ve heard about the legalization of recreational or medical marijuana. At least 30 U.S. states have legitimized recreational or medical marijuana use despite very nebulous federal legislature and enforcement. Just last week, Canada legalized the use of the popular plant, possibly spreading the word of marijuana’s health benefits and economy boosting […]
It’s probably crossed your mind before that you should control your clothing spending, but have you ever really sat and thought about how much those clothes will really cost you? We break down real examples, like buying Nike stock instead of Jordans every year, to show you the real cost of your clothes.
Real estate is the investment of choice for many because it is one of the few asset classes that enjoy favorable tax treatment. Reducing your taxes is an important part of building your net worth, and a Section 1031 exchange is one of many great real estate tax strategies to do just that. If done […]
Fun Fact: It’s possible to use retirement funds to help pay for children’s college expenses. Although there are a plethora of articles of how parents can use their retirement savings to pay for their kids’ college (I love my [future] children…but no), I’ll explain how you can CREATE a retirement account for your children and […]
There is a savings crisis in our country. Incomes haven’t increased significantly over the years, while the costs of housing, healthcare, and even consumer spending have risen considerably. By some estimates, if you’ve been able to save $10,000 you’re already in the top 25% of Americans. With these numbers, you would think …