Search for: investment
How To Invest $500 To Start Earning Passive Income
It doesn’t take millions of dollars to start generating passive income. In fact, sometimes it doesn’t take any money at all if you turn a side hustle (like a blog or ebook) into a passive business. While the latter takes a lot of time and effort, the former is easier to start than you might… Read more
4 Smart Money Moves To Make Next Year With Your Year-End Bonus
Did you get a year-end bonus last year? Consider yourself lucky. According to Zippia.com, about 33% of companies in the U.S. offer year-end bonuses. The average bonus pay in the U.S. is 11% of salary for exempt employees, 6.8% for nonexempt salaried employees, and 5.6% for hourly employees. It’s tempting to take the extra money… Read more
6 Best Money Moves You Can (And Should) Make In Your 20s
When you’re in your 20s, it’s easy to waste money and not think about the future. But while foolishly spending money in your twenties may not break your financial future, these years can certainly put you way ahead of the pack if you navigate them properly. Planning early can solidify your place in the wealth… Read more
The 3 Biggest Reasons Americans Can’t Save For Retirement
What if, when you first started working, someone handed you an exact blueprint on how to retire with millions of dollars? Would you be able to make the necessary sacrifices to save and invest? Or would you spend your 20s, and possibly your 30s, spending frivolously trying to keep up with the ever-so-famous Joneses? Well,… Read more
What Is Alex Hormozi’s Net Worth? How Did He Make His Money?
If you spend any time at all in the success threads of Twitter or Instagram, you probably know who Alex Hormozi is. If you don’t, then it might be worth your while to learn more about him because he is one of the most influential entrepreneurs on the internet. Because his teachings might help you… Read more
This Brutally Honest Quote From Warren Buffett Is Something Every Entrepreneur Should Read
There’s a motivational quote floating around that says, “If you do what’s hard, life will be easy,” but if you “do what’s easy, life will be hard.” This is typically true in most business pursuits, but it’s important to remember not to make things harder by trying to accomplish the impossible. Bill Murphy Jr. is… Read more
‘How To Get Rich’ Star Shares His Best Piece Of Wealth Advice For People In Their 20s
Reflecting on your 20s with regret (of any kind) can be a bitter pill to choke down. This period of life marks a time when youthfulness reigns, and making the most of the moment is a top priority. However, striking a balance between work and life that will enable you to reminisce on your 20s… Read more
This Couple Retired Before 40, Here’s Exactly How The Did It
Want to retire before 40? Who doesn’t?!? Not everyone wants to wait until they’re a senior citizen to stop working and live the retired life. If you want to stop working sooner, decades before your peers, you need a plan for how much money you’ll need and a strategy to hit that number. “Your plan… Read more
6 Secrets That TV Shows Don’t Tell You About Flipping Houses
House flipping is seen by many as a ticket to the American Dream – financial success and upward mobility. The idea of buying a fixer-upper, renovating it, and reselling it for a profit is alluring. If you’re willing to hustle, it’s a way to make big bucks in a short period of time, all without… Read more
A $4 Million Net Worth By 32? Here Are 5 Strategies One Man Used To Do It In 10 Years
One of the smartest things you can do in your 20s is to start thinking about your future. Not just from a career standpoint, but from a saving and investing standpoint as well. Starting early, is the key to your financial success. The difference between starting to invest when you’re 22 vs. 30 is MASSIVE…. Read more
33-Year-Old Who Co-Owns 167 Rental Properties Explains The Ups And Downs Of The BRRRR Method
He co-owned his first property at 26-years-old – now at age 33, he owns 167 rental units. In only seven years in the real estate game, Sam Primm developed his portfolio without any 9-to-5 job and became financially free. Primm explains the positives and negatives of the popular BRRRR method Primm admits that he didn’t… Read more
Here’s What You Need To Invest To Make $100,000 Per Year From Dividends
Dividends are one of the most reliable forms of passive income you can find. They might not be as exciting as investing in growth stocks, but if you want to live off of passive income, dividend ETFs or stocks become a great source of that income. In fact, we rank it very highly as it… Read more
6 Proven Things You Can Do To Build Wealth
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
Is It Hard To Make Money Day Trading? Here’s What Statistics Say
It may seem that earning money from a simple price chart can just be straightforward. You just simply look at the graph for the stock price, the rate of currency, and future stock price. But how hard is it to make money day trading? Like actually make enough money to day trade full-time. Usually, when… Read more
The Average 401K Balance For Americans Under 30 Is Very, Very Low
When you’re in your 20s, the last thing you want to think about is investing money that you likely won’t touch for 40-plus years. But here’s the harsh truth: that is EXACTLY the thing that you should be thinking about. Because the earlier you start, the longer you get to take advantage of all the… Read more
5 Myths About Millionaires That You Should Stop Believing
Although the value and purchasing power of a dollar isn’t what it used to be, becoming a millionaire is still a monumental financial step. There is a stigma attached to reaching millionaire status that gives you a sense of financial security. But for a lot of people, they still see a million dollars as an… Read more
65-Year-Old Widow Shares A Cautionary Tale About Financial Advisors And Their Fees
Ah, hidden fees. They’re like that pesky relative who always overstays their welcome at family gatherings. You think you’ve prepared for all the expenses, planned out the details meticulously, and yet, there they are—lurking behind the glossy brochures and optimistic annual reports. Most of us just sigh and chalk it up to one of life’s… Read more
Certified Financial Planner Explains Why We Need To Ditch The ‘Ostrich Syndrome’ When Rethinking Our Money
Ever felt like your bank account suffers from a midlife crisis every two weeks? Welcome to the club. In an age of endless digital temptations and the lure of instant gratification, our bond with money has never been more fractured. It’s not just about the balance (or the all-too-frequent lack thereof); it’s about our relationship… Read more
28-Year-Old Entrepreneur Explains How They’re Making Over $10K A Month With A Kayak Rental Business
Ever envied those influencers flaunting their “unique” ventures and jet-setting lifestyles on your feed? The real magic happens when you spot an opportunity tailor-made for you and slap on those entrepreneurial shades. Many of us have flirted with side hustles, haven’t we? From dropshipping and blogging to ride-sharing and the irresistible MLM pitches from Aunt… Read more
27 Investing Quotes You Should Know Before Investing A Single Dollar
Investing your money is easier than ever, with plenty of great trading platforms to choose from. Making money is the hard part. You need to consider a lot of factors and scenarios. To keep you inspired and on the right path, here are some of the best investing quotes to keep in mind during the ups… Read more
4 Beginner-Friendly Ways To Create Passive Income Streams Online
Passive income is such an attractive way to make money. When you add it to your 9-5 salary and it is also a great way to boost your net worth. With little maintenance to keep your chosen income stream afloat, many people wish to have one at some point. But how can you start something… Read more
28 American Companies That Will Pay For Your Ideas
“There Is One Thing Stronger Than All The Armies In The World, And That Is An Idea Whose Time Has Come.”– Victor Hugo… Often people think the only way to monetize an idea is to create a business around it. And although that is one way to see your thoughts come to reality, other companies… Read more
New Study Finds That 53% Of Americans Admit To Checking Zillow On A Weekly Basis
In an era of instant gratification, it seems that many of us have found a unique pastime: scouring Zillow. And this isn’t just a niche hobby; according to a recent survey conducted by Real Estate Witch, a staggering 53% of Americans admit to checking Zillow on a weekly basis. The survey by Real Estate Witch,… Read more
Rethinking Real Estate: Why That $900K Profit From A House Sale Might Be a Mirage
For many, homeownership is the quintessential dream, often seen as the surefire path to wealth. But is the perceived profitability of real estate as clear-cut as it seems? In a podcast clip posted to Twitter, Ramit Sethi, well-known for his financial insights on How to Get Rich on Netflix, provides a compelling example that prompts… Read more