Everyone wants to be wealthy. And while the principles to building wealth are easy in concept, it is not always easy for people to change their mindset. This post will lay out, in the simplest terms, 6 proven things people can do to build wealth. Save for winning the lottery or inheriting a lot of… Read more
Most social media platforms do not require any upfront fees, so you can start building your passive income with no money right now.
Do you feel as though you’re barely getting by, even though you earn a decent salary? If you’re feeling poor even with a paycheck being deposited into your checking account every few weeks, the issue could be your geographic area. Since the cost of housing, food, gas, insurance, and necessities fluctuates from state to state,… Read more
Looking 30 years into the future isn’t nearly as exciting as buying a new iPhone or leasing a Range Rover. Instant gratification feels good in the moment and buying new things might give you a momentary endorphin rush. But once you learn how to save and invest $1,000 every month, your future gets a lot… Read more
Starting a business, and then making that business successful, is not as easy or glamorous as it might seem. But the hardest part of anything in life — whether it’s launching a business, getting in shape, or even investing — is the simple act of starting. But what happens after you set up your LLC,… Read more
Real estate investing isn’t just for the wealthy. Today, anyone including non-accredited investors can invest in real estate using an online real estate investment platform, otherwise known as crowdfunding. Pooling hundreds or thousands of investors’ money together, platforms like Groundfloor Investing and Fundrise help borrowers fund their investments either on the debt or equity side…. Read more
If you haven’t hit F.I.R.E. (Financial Independence Retire Early), there’s a good chance you’re still in your wealth accumulation phase. And that, of course, means you probably have a full-time job. Whatever field you find yourself in, the goal is always to move up the ladder and have your salary increase as well. That said,… Read more
The rich get richer and people under 40 get poorer and poorer. At least that is what data from the Federal Reserve is telling us. The wealth distribution by age in America has been a hot topic for years. And of course older Americans will naturally account for the most of the wealth in this… Read more
Almost anyone can get rich slowly. Of course, everyone’s financial circumstances are different, but if you have excess cash dying in a savings account or you’re a compulsive over-spender, becoming a millionaire is possible. How do you do that? By changing your financial habits. Invest first, spend second. Become committed to investing every, single month…. Read more
For years, one of the best investment opportunities has been in the world of commercial real estate. However, it has been almost impossible for the average investor to participate in commercial real estate investing. That has changed recently with the rise of crowdfunding platforms. These real estate crowdfunding platforms allow for peer-to-peer investing with a… Read more