A penny for your thoughts, or perhaps, a penny for a couple million dollars? One woman in Hagerstown, Maryland has brought new life to the old adage, “find a penny, pick it up, all day long you’ll have good luck.” According to the Maryland Lottery, the Hagerstown resident – who is going by the nickname… Read more
Sometimes you just need a cheap cup of coffee to get through the day. One lucky Southern California man parlayed that hankering for a cheap gas station cup of coffee into a $1 million payday. Nabi Hasani of Chula Vista, near San Diego, bought a $10 “The Perfect Gift” scratch-off ticket during a quick stop… Read more
Day to day, the stock market is a crapshoot. If you day trade or swing trade, you probably know how to navigate these natural ebbs and flows. But if you’re investing your money for the long haul, seeing wild dips and swings can be unsettling at times. In March of 2020 we saw that first… Read more
How individuals spend their free time has a significant impact on their lives. Life is about having the perfect balance between doing something productive and cutting loose. It’s not always easy. But maybe seeing what successful people do with their free time will inspire you to do more than just watch Netflix or doom scroll… Read more
There are questions on what to invest your hard-earned money into. Viable investments include stocks, precious metals, real estate, bonds, and most recently cryptocurrencies and NFTs. Have you considered investing in LEGO sets? One study claims that certain LEGO building block sets are one of the best kinds of investments. In a study titled “LEGO:… Read more
The word recession can be scary to a lot of people. And in times of economic uncertainty, people tend to have a cash-hoarding mentality. While that strategy might pay off in the very short term, we all know that time in the market (or time in investments) is better than trying to predict when markets… Read more
If you’re a millennial, there’s a good chance you’re putting some serious thought into your retirement savings. Retirement sneaks up fast and, well, us millennials aren’t getting any younger. So how much money do millennials have saved for retirement on average? Thinking about retirement savings is like a mountaintop – the destination is the same,… Read more
Do you want to be a millionaire by 40? How about by 50? Well, although it can seem like an impossible hill to climb, it is more than possible if you understand three things: Time, consistency and the power of compound interest. We all have different financial goals. Happiness to one person might be $1… Read more
Compound interest shouldn’t be thought of as a mystifying phenomenon. It’s not magic – just healthy financial habits applied to practice. It’s really just the following factors coming together for one’s wealth-building: Basic math Personal savings discipline Utilizing the proper financial vehicles for savings, like a Roth IRA A quantitative analysis of historic interest rates… Read more
With more people trying to turn a side hustle into a full-time job, it would be easy to assume that most employers would frown upon employees having a side gig. Fortunately, this isn’t the case as more employers are now encouraging staff to find side projects to work on after hours – and they’ll even… Read more
Starting a side hustle isn’t just for the young. Whether it’s to have a little extra spending money or to bolster a savings account, people over the age of 50 should be thinking about making a little extra money on the side. Yahoo! Finance put together a list of 27 lucrative side hustles for people… Read more
Paying off debt isn’t as hard as people believe. Budgeting and planning are the keys. Unfortunately, millions of people are terrible at both. Besides getting better at budgeting and planning, Tiffany “The Budgetnista” Aliche believes there’s another way to get out of debt faster. The personal finance expert and author explains that people need to… Read more
There’s no better feeling than opening up a banking app every day and admiring a checking account flush with cash. If there’s enough money to cover all the monthly bills plus plenty left over for daily indulgences like coffee, lunch, or other incidentals, you’re likely feeling pretty good about your finances. But is keeping too… Read more
Now more than ever, people spend their free time outside of work doing more work, and we’re not just talking about side hustles. Side hustles are typically passion projects that turn into a business. We’re talking about working an actual second job. The pandemic, loss of work, and changing careers completely to pursue other passions… Read more
Millennials and Gen Z have been blamed for a lot of things – killing traditional industries like retail department stores and traditional cable, ruining the housing market, abandoning the traditional 9-to-5 work day. The list of greivences goes on and on. Now younger generations are being blamed for “sticky inflation” – meaning the costs of… Read more
Apple founder Steve Jobs died of pancreatic cancer on October 5, 2011. Now, more than a decade after his death, Jobs’ famous 2005 commencement speech at Stanford University remains to be a source of sage life advice. The commencement speech is regarded as such an important life lesson that there is a text version of… Read more
If your idea of an ideal existence is to sit back and let all your passive income fund your life, then you are not alone. Not by a long shot, friends. We created this website with the sole purpose of helping educate people on how to create more passive income streams and achieve financial freedom…. Read more
For about a decade, people have warned that the robots and AI (artificial intelligence) are coming to take our jobs. The horror! When you see video from Boston Dynamics of a robot dog dancing, or a very human-like robot doing parkour, you tend to shake your head and think that technology is a long way… Read more
The human body is clearly a valuable asset. But have you considered using it to generate passive income? You might think that the only way to earn money using your body is through sex-related jobs. But no, that is not the sole option. Most countries consider sex work illegal anyway, so, how else can you… Read more
Financial planning often feels like navigating through a dense, uncharted jungle. Many individuals, armed only with a compass of myths and misconceptions, find themselves lost amid the thickets of investments, savings, and financial independence. What they need is a seasoned guide to lead them out of the wilderness and onto the path of prosperity. This… Read more
Society should embrace keeping up with the Joneses, but from a net worth standpoint instead of just trying to own a meaningless material possessions. After all, that new set of golf clubs or that new $2,000 purse, while nice, isn’t going to get most people any closer to retirement. Unless, of course, you’re buying them… Read more
Warren Buffett is known for his investing prowess, but he also possesses a tremendous business acumen. The chairman and CEO of Berkshire Hathaway revealed the most important trait that Buffett seeks out. Buffett delivered some invaluable advice for hiring managers and human resource managers on how to instantly spot a great employee. What Trait Buffett… Read more
If you want to work for Elon Musk, you better be prepared to go to the office. Elon Musk calls remote work “morally wrong” In an interview with CNBC, the billionaire Tesla founder and Twitter owner lampooned work-from-home workplace culture. He told David Faber that he believes that debates over work from home are a… Read more
It’s not how much money you make, it’s how much you keep. Etch those words into your brain and you will have step one of how to become a millionaire figured out. Of course, earning more money so you can save and invest more money will make your path to millions much, much faster, but… Read more