Reading Time: 3 minutes Money is an essential part of our day-to-day lives. No matter how much we want it otherwise, we can’t live without money. So, much like any other skill, mastering money-management skills are integral for your development. While becoming a master at any skill takes time, what you can do is get a head start. Therefore, …
Reading Time: 3 minutes Money dysmorphia is a psychological disorder where individuals lead an unhealthy obsession with money. Moreover, money dysmorphia creates unhealthy financial habits that ultimately lead to more financial problems. Money dysmorphia forces individuals to find ways to increase their wealth and improve their financial situation. But a core characteristic of the disorder is obsessive behavior that …
What is Money Dysmorphia and The Most Common Symptoms to Look Out For Read More »
Reading Time: 3 minutes Wealth is a term that describes the abundance of various things. Most of us refer to wealth in terms of financial success or money. While this is the general term, there are different types of wealth. According to Merriam-Webster, wealth is a term that describes the “abundance of valuable material possessions or resources.” Considering most …
Reading Time: 3 minutes Financial independence retire early, or FIRE, in short, is a popular movement that aims to help individuals achieve their financial goals and financial independence and help them retire at a young age. While the concept may seem daunting to some, many books are available that provide guidance and inspiration for those looking to join the …
Reading Time: 3 minutes The 60 30 10 rule budget is one of the strictest forms of budgeting possible. As we mentioned in the title, this is a budgeting form made for people who can overcome their impulsive spending habits and decisions and put aside 60% of their income for a better tomorrow. What Is The 60 30 10 …
The 60 30 10 Rule Budget – The Perfect Budget For Long-Term Goals Read More »
Reading Time: 5 minutes Where you live can impact many aspects of your everyday life. Many people, for example, realize that their finances will be affected. However, some fail to understand that their contentment is also among these aspects. That’s where today’s topic comes into play. HCOL and LCOL are two acronyms that may not mean a lot to …
Reading Time: 3 minutes One of the lesser-known money-management tips is to act broke to stay rich. This is something billionaires aren’t telling you, but it works flawlessly. Just think about it, rich people stay rich by living like they’re broke. Although this doesn’t apply to every rich person, it does make sense in more than one way. That’s …
Reading Time: 4 minutes Many believe that looking for quick ways to double your money is a fool’s errand. Even fewer would recommend attempting to do so in 24 hours. Riskless investments are few and far between, but not entirely nonexistent. In short, you need to know how much money you are looking to double and what kind of …
Looking to Double Your Money in 24 Hours? Here Are 5 Realistic Ways to Do It Read More »
Reading Time: 4 minutes We are at a point where controversial figures like Dave Ramsey are a dime a dozen. Everyone who has tried their hand at investing is becoming a personal finance guru. Your background, success, and even credibility are less important. The only criterion you need to check is whether people follow your advice. If they do …
Is Dave Ramsey A Scam? Reviewing His Financial Advice Read More »
Reading Time: 4 minutes The 70/30 rule is an effective budgeting strategy that can improve your finances and set you on a path to financial freedom. When people first come to terms with financial freedom, they find it thrilling and somewhat overwhelming. That is because financial freedom means managing your income and, at the same time, being fully responsible …
