People often use the terms income and wealth interchangeably when talking about money. While they are related, each provides a different look into your financial health.
For instance, a doctor may have a substantial income, but due to student loans and other debt may not be as wealthy as an electrician that started working straight out of high school.
Keep reading to learn about the difference between income and wealth.
For most people, their career is where they spend the majority of their waking hours. In addition, it generates the majority of their earned income over their lifetime.
Given this knowledge, why do so many people leave their career advancement up to chance?
If you’re serious about getting the most out of your career, you need to be intentional with how you approach your career advancement.
You can’t just wait for opportunity to arrive. You need to take measures to seek it out and be positioned to take advantage of it when you do find it.
If you want to take control of your career, here are 8 ways to be intentional about your career advancement.
8 Ways to Be Intentional About Your Career Advancement Read More »
The minimalist mindset focuses on simplifying your life to include only what you truly need; the things in your life that provide value.
By cutting out the clutter, it allows you to focus on what’s truly important to you. It also has the added benefit of removing sources of stress and anxiety in your life, so that you can lead a richer life.
As it turns out, applying these same principles to your finances will also lead to a richer life. By eliminating the unnecessary and simplifying your finances you’ll have more money to pay down debt and invest for the future.
Keep reading to learn 13 minimalist money saving tips you can employ to help reach your financial goals.
People make mistakes. Mistakes involving money are no different. However, money mistakes have the potential to make our lives much more difficult than they need to be. To help you identify and hopefully avoid these mistakes, I’ve compiled a list of 13 common money mistakes to avoid.
Paying off debt can be difficult, especially if you don’t have a plan of attack.
There are two popular debt repayment strategies that most people use to pay off debt: the debt avalanche and debt snowball.
Although I personally recommend the debt avalanche, the debt snowball has its own merits and is a formidable contender for best debt repayment method.
How to Use the Debt Snowball Method to Pay Off Debt Read More »
If you want to be successful in achieving your financial goals, you need to be intentional with your money saving efforts.
There are things in your life that are costing you money each month while providing little to no value in return.
If you’re interested in finding ways to save more money, keep reading to learn 10 common things to give up to save money.
