Financial Education

BUYING A HOUSE IS FOR SUCKERS

BUYING A HOUSE IS FOR SUCKERS

4 minutes Buying a house – Should you own a home? Unless you have 20 million bucks in the bank, in cash, you have no business buying a house. People think the only way to save money is to buy a house. Suzy Orman thinks you have no way to earn any real money for yourself, so she advises you to buy a house as the only way to get your money. You will get your home paid off when you are old. Who Continue

CHARGING BULL AS A WAY TO CELEBRATE THE CAN-DO SPIRIT OF AMERICA

CHARGING BULL AS A WAY TO CELEBRATE THE CAN-DO SPIRIT OF AMERICA

2 minutes CHARGING BULL – Arturo Di Modica first conceived of the Charging Bull as a way to celebrate the can-do spirit of America and especially New York, where people from all other the world could come regardless of their origin or circumstances, and through determination and hard work overcome every obstacle to become successful. It’s this symbol of virility and courage that Arturo saw as the perfect antidote to the Wall Street crash of 1986. charging bull Arturo worked on the now world-famous Continue

ENTREPRENEURSHIP IS LAUNCHING A BUSINESS

ENTREPRENEURSHIP IS LAUNCHING A BUSINESS

1 minute Entrepreneurship is the process of designing, launching and running a new business, i.e. a startup company offering a product, process or service. It has been defined as the …capacity and willingness to develop, organize and manage a business venture along with any of its risks in order to make a profit. The entrepreneur is “a person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk.” Rather than working as an employee, an entrepreneur runs a small Continue

14 FINANCIAL TERMS THAT WILL START YOU ON THE PATH TO INVESTING

14 FINANCIAL TERMS THAT WILL START YOU ON THE PATH TO INVESTING

2 minutes 14 financial terms – LEARN THE LANGUAGE OF THE WEALTHY – The financial world is full of terms and phrases that can make investing seem foreign and intimidating, even before you put your money on the line. It is, in fact, a new language, but it’s a language you must learn if you want to grow your wealth. 14 financial terms If you are brand new to investing, this article is for you. We’ve put together a short primer of some basic definitions Continue

THIS STEVE JOBS QUOTE PERFECTLY SUMS UP THE DIFFERENCE BETWEEN BILLIONAIRES AND THE REST OF US

THIS STEVE JOBS QUOTE PERFECTLY SUMS UP THE DIFFERENCE BETWEEN BILLIONAIRES AND THE REST OF US

1 minute This Steve Jobs Quote – Rich people think differently than the average person, and Apple cofounder Steve Jobs, who died with an estimated net worth of $10.2 billion, was no exception. In a Quora thread answering the question “Do billionaires know something that normal people don’t?” Patrick Methieson noted a Jobs quote that encapsulates the “billionaire mentality”: This Steve Jobs Quote “Everything around you that you call life was made up by people that were no smarter than you and you can change Continue

10 LIFE HACKS THAT WILL MAKE YOU RICHER

10 LIFE HACKS THAT WILL MAKE YOU RICHER

7 minutes 10 life hacks – These clever shortcuts will help you earn more on the job and cut down on needless costs.vPicking up new skills as an adult can be tricky, especially when your energy and free time is precious. But prowess in different areas is not all created equal. Investing in certain abilities can get you big rewards for relatively little effort. MONEY interviewed dozens of experts in different fields to find out which skills, tricks, and workarounds are most financially worthwhile. Continue

THE HIGH COST OF CLUTTER

THE HIGH COST OF CLUTTER

6 minutes The High Cost of Clutter, as buying things you don’t use is a waste of money. So is the cost of storing and moving them. The worst financial mistake I ever made was keeping a cluttered home. Losing money is painful. Bad investments have driven people to suicide. People end friendships and marriages over debt. But what’s so insidious about clutter is how relatively pain-free clutter is in comparison to other financial blunders. People who live with clutter may never realize the tremendous Continue

10 LAWS EVERY MILLIONAIRE MUST FOLLOW

10 LAWS EVERY MILLIONAIRE MUST FOLLOW

8 minutes 10 laws, you must follow the laws if you want to be a millionaire. Many people from all over the world ask me for general advice on how to become a millionaire. They come from all backgrounds, ages, religions, and skin colors. In general, they see money as the resource to help them reach their highest aspirations. However, most people don’t want to earn a million dollars. Instead, they want to spend a million dollars. They think that mere money will make them happy, failing Continue

5 WAYS TO DRAMATICALLY EXPLODE YOUR INCOME

5 WAYS TO DRAMATICALLY EXPLODE YOUR INCOME

6 minutes 5 ways – Why do people settle for an extra few thousand dollars each year? Mike gets excited when his boss gives him a raise from $70,000 per year to $75,000 per year. He immediately plans his 10-day vacation with his wife overseas. Total cost: $5,000. He’s excited and delighted at this opportunity. After all, his wife has been begging him to go on a European tour for years–and this is the perfect time to please her since the kids just left for Continue

HOW TO BECOME A MILLIONAIRE IN UNDER 5 YEARS

HOW TO BECOME A MILLIONAIRE IN UNDER 5 YEARS

8 minutes How to become a millionaire – If you wanted to, you can become a millionaire in under five years. I was able to do it sooner than that, but it wasn’t that easy. There have been many sacrifices to make and obstacles to overcome, but I was determined to make it happen. Dealing with adversity was my greatest teacher and it allowed me to build the type of resilience that helped me walk through the fire. How to become a millionaire Dealing with Continue