Your Path to Financial Independence
In our world of commerce, CASH is KING! And those who have plenty of it, know this to be true. Though millions of us conduct business daily on credit, in the end, it takes cash to reconcile our accounts.
Yet these days, most Americans are expressing more pride in their FICO score than the cash in their bank accounts. Why? Read More
How are you doing financially? Are you more successful than your parents were at your age? Do you think you’ve made better decisions than they did in early adulthood? Have you already achieved milestones that they didn’t until their late 30s or 40s?
It’s evident that despite higher education and outwardly perfect careers, most young Americans are still stuck in the cycle of dreading the mailbox, struggling to build net worth, not saving for retirement, and avoiding the topic of financial insecurity. Read More
In our world of commerce, CASH is KING! And those who have plenty of it, know this to be true. Though millions of us conduct business daily on credit, in the end, it takes cash to reconcile our accounts. Yet these days, most Americans are expressing more pride in their FICO score than the cash..
How are you doing financially? Are you more successful than your parents were at your age? Do you think you’ve made better decisions than they did in early adulthood? Have you already achieved milestones that they didn’t until their late 30s or 40s? It’s evident that despite higher education and outwardly perfect careers, most young..
The housing and mortgage industries do a remarkable job convincing the masses that home ownership is one of the best investments a person can make. Decades of advertisements have left most Americans daydreaming about owning a home, though few understand the long-term financial implications that come with the responsibility.
The prices of vehicles continue to skyrocket. Though the total amount may vary depending on where you live, data from Kelley Blue Book indicates that the average price of a new car or truck sold in the United States is $33,560. This is likely to increase by 2 percent or more in subsequent years. A..
There is an unbroken connection between saving and investing. These days, a person can hardly talk about one and not the other. But functionally, there is a difference between the two, and as an individual with a prospect for great wealth, you should understand what that is for better financial planning.
If you’re not making enough money, you need to look no further than yourself. In this economy, the quickest way to more money is to maximize your earning potential, which is directly related to your productivity for a company. People pay you based on the value that they receive from you. So, it stands to..
You’re young, obsessed over the idea of becoming successful but feel stuck and don’t know what to do. It could be that you’re unemployed and having difficulty finding a decent job to get things moving in the right direction; you have a job paying minimum wage, but you’re barely making enough to pay the bills…
One of the simplest ways to avoid financial problems is to create a budget or cash flow plan, which is nothing more than mapping out your financial activities before they occur. It makes no difference if you make $30,000 or $300,000 a year. Putting the information on paper or spreadsheet allows you to see the..
If you’re in your twenties, I’m sure that you’ve heard about goal setting, which can cover an array of projects, including personal finance. But have ever set a goal to accomplish something? More importantly, do you know how to set a goal to achieve a specific mission? In this article, you will learn how to..
If you haven’t realized it yet, getting ahead financially is not easy. Earning a college degree, finding the right career, and working hard will not automatically make you wealthy; playing the slot machines at the casino will not do it; and inheriting a great deal of assets from parents or grandparents is less likely to..
Tom Graneau (www.pennies2power.com) is a long-time financial management specialist and the author of Pennies To Power and Renters Win, Homeowners Lose.
