Category Archives: Personal Finance and Budget

5 Secrets for Financial Success

Everyone could use a few extra dollars in their pocket. But what if you aren’t sure how to turn this daydream into reality? What if you need a few pointers to help you improve your financial standing? Here are just five tips for increasing and maintaining a high level of personal wealth.

1. Don’t Sit On Your Money

While it’s important to save, it’s equally important not to stick all of your money in a bank and forget about it. Those accumulated funds should be put to work to accumulate even more funds. For example, you might invest in something worthwhile or use your savings as capital to start your own business. The goal is for each dollar to generate its worth instead of just collecting dust under your mattress.

2. Have Multiple Income Streams

Very few millionaires earn their money through one source. They usually have jobs, investments, properties and commodities that are continually bringing them income across various platforms. If you’re serious about not wanting to live paycheck to paycheck, make sure that paycheck isn’t the only way you’re earning cash.

3. Dare to be Different

Don’t be afraid to think outside of the box. Many financially successful business leaders got their start through unconventional or unexpected means, including men like Kuba Jewgieniew. He went into real estate with a background in web design, and what do you know? His business, the Realty ONE Group, was shortly worth millions.

4. Understand the Market

Whether you’re attempting day trading or looking to buy into a franchise, it’s critical that you know what you’re doing before any money gets brought into it. Do you know how to read the stock market? Do you understand things like target demographics and supply and demand? If not, do your research.

5. Never Give Up

It may sound like an obvious piece of advice, but you’d be surprised by how many people get dejected by a bad deal or a failed investment and never attempt it again. This is a mistake! Everyone experiences a financial setback at least once in their life, so you simply can’t give up. Take failure as a lesson and move on.

These are just five secrets that you can apply towards doubling or even tripling your bank account. It might not be easy, but when you’re buying that new car or moving into your new mansion, your determination and diligence will prove to be worth it.

7 Things Every First-Time Homeowner Should Know

7 Things Every First-Time Homeowner Should Know

7 Things Every First-Time Homeowner Should Know – Huffington Post

And only once you start to shop for huge-enormous drapes do you learn how shockingly expensive and hard-to-find large window coverings in unconventional dimensions can be. In other words, you must take the long view.

Original article on http://www.huffingtonpost.com Wed, 30 Oct 2013 14:16:37 GMT

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Do You Have a Home Budget?

Do You Have a Home Budget?

For home budgeting, try the ’25 percent’ strategy – NBC News.com

For most people, balancing personal budgets is a tedious and time-consuming process. These days, though, the task has become even more…

Original article on http://www.nbcnews.com Sat, 14 Dec 2013 05:33:25 GMT

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925 Ideas to Help You Save Money


925 Ideas to Help You Save Money

925 Ideas to Help You Save Money, Get Out of Debt and Retire A Millionaire: So You Can Leave Your Mark on the World

Personal Finance

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Price:$6.74

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Author:Devin D. Thorpe

Binding:Paperback

Manufacturer:CreateSpace Independent Publishing Platform

Devin Thorpe has collected over 150 essays on personal and family finance to help you learn how to be happier with your money, to live more frugally and investment more wisely. 925 Ideas… is an easy and readable guide to help your family find fina …

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