Money affects all of our lives in one way or another. Most people could benefit from having more money, and this can be achieved in numerous different ways. I created this personal finance blog to teach you how to budget and save your existing income. However, there’s so much more to managing your money than that. Having wealth can give you the freedom to do and see things that you would never get to experience otherwise. It doesn’t require making millions or winning the lottery to acquire wealth either – you just have to be smart about your finances.
You can save your extra cash and then put it to work for you by investing it. Investments will grow over time and build your wealth faster than you can by yourself. For the average person, they may invest in a 401k or IRA to save for retirement, but they may not utilize investing to increase wealth that can be used while they’re young or could allow them to retire early. This site can help you get started with your first investment, and then teach you more advanced strategies as you gain more experience.
Increase Your Income – Start a Side Hustle
What you get paid by your job doesn’t define or limit you. Don’t sit around dreaming about what you could do with your life if only your job paid you more money. Start your own side hustle or small business to make money for yourself. You can do this to make extra cash each month to have more expendable income and/or to save more.
The potential is there to turn your side hustle into your full-time work so you can quit your job forever! I had this dream for years and turned it into a reality more than 13 years ago. I quit the last job I ever worked in 2009 and have been 100% self-employed ever since. I’ve created three different online businesses that each generated six-figure profits each year with zero employees. No matter what your financial goals may be in life, you can achieve more if you earn more.
Anyone is capable of increasing their income by creating a side hustle. You just need the motivation to do it and someone to teach you how. This blog can help with the knowledge that you’ll need to get started and grow a business.
The most recent posts can be found below or you can use these main topics to navigate to specific content…
When you’re on a tight budget and a purchase goes wrong, it can be a bad feeling since you may not be able to afford to buy the product again. Luckily, there is one option you can use to dispute the purchase on your credit…Continue reading →
Gold, silver and other precious metals are commonly used to diversify an investment portfolio. Is this a good idea or would these funds be more profitable invested in other ways? Traditionally, it was a fairly safe bet to invest long-term in metals like gold or…Continue reading →
Anyone that is self-employed running a side hustle or small business will have to report their business revenue to the government. This additional income will have federal income taxes due, which can surprise people working for themselves for the first time. If you don’t know…Continue reading →
When you don’t have a lot of money, it can sometimes be tough to be friends with people that are rich. You often find yourself envious of the things that they have and their financial freedom. However, there are also a lot of ways you…Continue reading →
A popular strategy used by investors to reduce their federal income tax liability is tax loss harvesting. With this tactic, you may be able to completely offset short-term and/or long-term capital gains to eliminate the need to pay taxes on those profits. The important thing…Continue reading →
With the recent availability of graphics cards available at retail prices, a lot of people have considered getting into Ethereum mining with a GPU rig. However, this is probably a bad idea to do in 2022 because the Ethereum mining end date is likely coming…Continue reading →
Thirty-year mortgage loans are common, but many people will try to pay extra each month to pay off their house early. The ultimate question is whether it is a good idea to try to pay off your mortgage faster or would you benefit more using…Continue reading →
A favorite investment strategy among both professional and retail investors is Dollar-Cost Averaging, also called DCA. Even the best traders can find it near impossible to accurately time the market, so this approach breaks up contributions over time to obtain an average price. It’s a…Continue reading →
Extremely profitable businesses or side hustles can be created to resell or flip retail products online. There are many different places where you can buy new and/or used goods at really cheap prices. You then resell these products online through online marketplaces like Etsy, Ebay…Continue reading →
A lot of girls grow up dreaming about a big, fancy wedding. However, money is not usually thought about as part of those dreams. The average cost of a wedding that isn’t even all that extravagant can cost $20,000 – $30,000. It’s quite possible to…Continue reading →
The current cryptocurrency market shares some similarities to the Dot Com Bubble in 1999-2000. By simply existing, a crypto token tends to have default value. Massive speculation is taking place among investors trying to hit it big on the next coin with rapid price appreciation….Continue reading →
One method of making money from a side hustle that has stood the test of time is writing a book. With the internet, you can create digital books or e-books that can be sold directly to customers without the need to ship a product. Anyone…Continue reading →
The cost of electricity often soars during the summer solely from heavier air conditioner usage. Luckily, you don’t have to wait for this to ruin your monthly budget. There are numerous proactive steps you can take to lower your cooling bill now that June is…Continue reading →
There is a lot of talk right now about where the price of Bitcoin is heading. Some analysts are calling for a capitulation event that could cause an extreme drop in prices from the already deflated price of Bitcoin. Calls for lows as bad as…Continue reading →
One of the best online payment systems you can use for a small business is PayPal. I’ve been using PayPal since 2001, so I have a lot of personal experience with them to share in this review. Any kind of online business needs a way…Continue reading →
When you’re married, the financial decisions of either person can have a drastic effect on your money situation. In some relationships, one person doesn’t like to deal with managing money and numbers. They then leave the financial responsibility of the entire family on their spouse….Continue reading →
All retirement portfolios have the same goal to save up enough money to retire. The longer you contribute to this fund, the more your money is able to compound and grow. One of the easiest ways to compound your money over long periods of time…Continue reading →
There can be many different reasons why you may consider hiring a financial advisor. Planning for retirement, figuring out how to invest a large windfall, or simply helping you with your existing investments are just some of these reasons. The idea behind Certified Financial Planners…Continue reading →
When you want to start a side hustle or small business online to sell products at retail prices to consumers, you need to be able to handle the packaging and shipping process that comes after a sale. Besides inventory and a marketplace to drive sales,…Continue reading →
When you’re trying to improve your credit, you may wonder what the maximum limit is for credit scores. The highest credit score possible is 850 and the lowest is 300. A bit over 1% of the US population has a perfect score. Anyone that wants…Continue reading →