When the media talks about wealthy people, you inevitably hear about their net worth. And it might make you feel like you have to grow your net worth as quickly as possible.
But your net worth is only one metric for financial health.… READ MORE
We all know budgeting works. If you always stick to a budget, you don’t worry about running out of money and know you’ll have enough money for vacations, hobbies and other things you love.
But Budgeting means restricting yourself.… READ MORE
What do you want your financial future to look like? This question sounds abstract. But it could be the most important decision you ever make.
Why? If you want to start a business empire, you’ll need radically different financial strategies than someone who wants to retire early.… READ MORE
Conventional finance doesn’t work for everyone. Savings accounts pay almost no interest, the stock market can be a roller coaster and your bank might not have your best interest at heart.
That’s why people built alternatives like Velocity Banking and Infinite Banking.… READ MORE
Most people take decades to pay off their mortgage. The monthly payments are a constant expense. And if you can’t pay them? The bank takes your house and puts you on the street.
Velocity Banking promises an escape: Use a line of credit as your primary bank account and pay off your mortgage as quickly as possible. … READ MORE
Budgeting feels like a chore. You know you’ll feel better afterwards, but it’s painful to limit yourself in buying the things you love.
When you’re on a variable income, it’s easy to tell yourself that budgeting doesn’t work for you.… READ MORE
When we see entrepreneurs in the media, they never seem worried about money: They drive nice cars, own big houses and could retire if they wanted to.
But when you start your own business, you see how different entrepreneurship is in reality: One year you could go on exotic vacations, the next you’re worried about paying rent. … READ MORE
Bonds, stocks, put options, call options, cryptocurrency, derivatives – there are thousands of ways to invest your money.
Understanding how all of these work is a full-time career. But you shouldn’t invest in something you don’t understand. … READ MORE
When it comes to growing your wealth, most people think about one thing: The stock market.
But almost nobody understands the market. They hand their money to a Wall Street firm. Then they hope they don’t have to retire on half their savings if the market happens to be down.… READ MORE
Going broke is heartbreaking. Everything you’ve worked for evaporates in front of your eyes. You feel as if you wasted all those years.
But when you do lose money, you have two choices: You can restart the your failed strategy that failed before – or learn from your failures and grow your wealth sustainably. … READ MORE
