Creating Wealth – 3 Secret Tips
The main principle behind creating wealth is built on the age-old wisdom of providing value to as many people as possible, living on less than what you earn in the process, and investing the surplus in order to build long term security. Simple as it sounds, the devil is in the detail. This introduces the concept of looking at money as a seed which when planted in the right soil and nurtured, has the power to grow into money trees in your own backyard.How to Get Your Kids Interested in Money
There is a little known secret that once learned and used can get your kids interested in money. Not just any money, but money they can actually earn. Want to know what it is?Your Biggest Financial Risk
Every year, inflation cuts into the value of your finances. If inflation averages 3.50% per year, your money is worth 3.50% less every year. In this case, to keep pace with inflation, you need to earn at least 3.50% on your money after fees and taxes to maintain the same purchasing power.A Life Preserver to Save You From Drowning in a Sea of Debt
Today’s finances and the economy are the major cause of stress in our society more than ever before. According to a Louis Harris poll, 96% of the people who lay awake at night are worrying about either their health or their finances. This type of stress can be a major cause of every chronic disease including diabetes, cancer, obesity, heart disease, anxiety, and depression.How To Create Wealthy Kids
The answer is a lot easier than you might think. In fact the answer is simplicity itself, the challenge is not building wealth but more about learning the right set of skills to achieve the result you want… to build wealth. But first we must answer one other question. What is wealth?The Avenue To Wealth: Tips To Building Wealth In Tough Times
The avenue to wealth can be a little daunting, especially in tough times. Here are 5 tips to that can literally save you thousands, or build a fortune (see first tip).Second Marriage Issues in Estate Planning
Multiple marriages presents its own set of issues when it concerns estate planning techniques especially if there are children involved from a previous marriage. Protecting your assets and assuring that your assets are going to the designated beneficiary instead of someone else might be a concern.When Having Too Much Can Be a Problem
If you have accumulated more assets than you need you will probably be facing an inheritance tax problem. If you see a financial adviser he will help you to avoid this issue.Wealth and Prosperity: Eastern Medicine for Your Finances
Acquiring money isn’t always about the ‘time in exchange for paycheck’ routine. How much wealth you acquire is also affected by other elements such as your thoughts and beliefs. According to Feng Shui, your wealth is also affected by the arrangements of your office and home.Stop Me Before I Save Again!
When 401k’s and IRA’s came out in the 80’s, I was so excited. I could save money, lower my taxes, and make tax-free earnings while I go. Then I would only have to pay taxes when I took it out 30 or so years later. What I hadn’t really thought about was the fact that I couldn’t touch the money without paying tax and if I took it out early, I would have to pay a penalty, too.Save Money to Become Rich – Should You?
Are you one of those people who believe that you should save money to become rich? If yes, then ask yourself a few questions about your debts and your assets. You might be surprised by the outcome!How To Develop A Millionaire’s Mindset
Whether or not you have a millionaire’s mindset depends on what you choose to be. Just like what you decided to eat, the same rule applies that you become what you think. If you decided to work for others as an employee, you will forever be looking for a job. If you decided to carve out your own career you will be proud of, you will be setting up your business.How to Make Money Fast – Survive Your Financial Crisis
Most of us of been in this situation before – the car breaks down and cost $500 to fix. You pay for this because you need your car to get to work but how to pay your bills now without starving yourself? You do not need to panic, there are a couple of things that you could do make some quick cash.How to Manage Wealth Once You Have Accumulated It
The dream of many is to be wealthy. Having enough money to do whatever they want when they want. The fact of the matter is many have acquired wealth, and in a short period of time have lost it all. It’s one thing to have wealth, but it’s another thing to be able to manage the wealth you have. One thing that a lot of people fail to realize is that money will work for you, when and if you will allow it to work for you. The purpose of money is to benefit you…5 Questions to Ask When You Are Selling Gold
What should you ask someone when selling gold? Here are 5 questions to ask a gold buyer to maximize the sale of your valuables.