Did you know that more than three-quarters of today’s millionaires are self-made and started as middle class or lower? Also, data shows that it takes most people an average of 32 years to reach their first million. Most millionaires are not an overnight success. As a result, up-and-coming millionaires learn from rich people’s habits to …
If you’re like most people, just hearing the word “recession” is enough to spur feelings of anxiety, dread, and fear. For those impacted by the economic downturn of the Great Recession of 2007-2009, this word carries troubling memories and concerns about the impact of a future recession. A recession is a period of economic decline, …
Recession 2020: 5 Ways to Recession Proof Your Finances Read More »
What’s more frightening than zombies, vampires, and ghosts? The financial status of many Americans. Unfortunately, many face the reality of not having an emergency fund, being unable to save enough for retirement, and having an overwhelming amount of credit card debt. When that’s your financial status, it can feel much scarier than the latest horror …
Whether you’re in charge of putting together the family budget or are ready to take the reins on financial planning, make sure you’re not setting yourself up for some bad decision-making and financial regrets. Many people overlook some basic spending and saving practices that end up costing them much more than they anticipated by year’s …
3 Major Financial Regrets You Can Avoid this Year Read More »
If you’ve ever tried budgeting for the long run only to find that your best-laid plans always seem to get ruined by short-term emergencies, then you’re not alone. Unexpected things pop up that can surprise even the most dedicated budgeters. Fortunately, there are some ways you can balance your longer-term goals – like saving for …
Too many people have millionaire dreams but no millionaire plans. Well, you can’t become a millionaire just by dreaming, wanting or wishing for wealth. You have to lay out a plan, and you have to execute in order to fulfill the goals within that plan. As you’re developing the framework for your millionaire’s budget, now …
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