We spend our entire lives weighing up the cost of our decisions, always trying to find the most painless path forward to reach our goals. Some of us learn to move forward through this pain so we can grow and achieve our goals, while others end up shrinking their goals down and never changing anything…
Ready to start your investing journey? You’re in the right place. Whether you’re chomping at the bit to begin investing or feel nervous about dipping your toe, there are plenty of books out there that will give you the knowledge you need to get started in a way that feels right for you. So, which…
Think you need thousands of dollars to open an investing account? Think again – nowadays investing is much more accessible for the average person, especially someone who wants to dip a toe or forge their own path. You no longer need thousands to open an account or to work with a financial advisor to get…
Despite ongoing media coverage of Meta, the parent company of Facebook, a recent survey from Hub found that 46% of respondents didn’t know about the metaverse. Another 33% only heard “something” about it. And, of those who had heard of it, nearly 70% weren’t very confident in describing it. The metaverse shouldn’t come as a…
On October 28, Mark Zuckerberg, the CEO of Facebook, announced the rebranding of Facebook to Meta. This new nebulous concept gave rise to speculations, reviews, and public discussion about what it is, what it will offer, who will benefit, and the targeted audience. Some argued it to be a new variant of the internet, while…
According to the Consumer Price Index, the annual inflation rate as of January 2022 was 7.5%. Everyday items like groceries, gas, electricity, and clothing cost more and more. With the average employee raise of 2-3%, consumers pay more for less. However, that doesn’t mean you have to spend more than is required. A new wave…
Do you want to increase your wealth and achieve financial independence? If so, you need to start building multiple streams of income. Diversification, or utilizing more than one of the seven income streams at a time, is one of the best ways to strengthen your net wealth over time. Each income stream has its advantages…
Saving and working hard will not generate wealth. You have to put your money to work. Cutting expenses to keep money stored away in your savings account will cost you more in the long run. The best place to put extra cash is in income-generating assets. These assets build value and produce income. Investing your…
Cryptocurrencies like Bitcoin, Ethereum, LINK, PAX Gold aren’t going anywhere despite the recent downturn in prices. Investors looking to maximize their returns may consider loaning their unused assets to make extra money while holding the asset for the long run. BlockFI is one of the first crypto-lending platforms on the market. Check out this BlockFI…
Whether you realize it or not, the phrase “scared money don’t make money” impacts your thoughts, feelings, and behaviors with money. When it comes down to it, “scared money don’t make money” represents the difference between an abundance and scarcity mindset — two opposing mentalities that influence how we think and act with money. So,…
The Mega Backdoor Roth takes investing in a traditional 401(k) to the next level for high-income earners. If you meet the eligibility requirements, you could stash an extra $41,500 for retirement in a Roth IRA. However, it’s complicated, and mistakes can be costly. Although the mega option is similar to the backdoor Roth IRA, they’re…
In 2020, Bitcoin was recognized as one of the best performing currencies of the previous decade, outperforming gold by over 190 times. Its sporadic rise over the years has made cryptocurrency a natural appeal for investors as its volatility presents an opportunity to make huge returns. Many cryptocurrency beginners see crypto investing as difficult. However,…