The Two Sides of Wealth
There are two sides of wealth that we will cover here and what to do with them. The first side of wealth is what we will call the supply side. This is the side of the money that comes to you every month.Assessing Yourself and Your Wealth
You can be just about anyone and create wealth. There are all kinds of wealthy people. There are doctors, lawyers, stock brokers, school teachers, and salesmen.Get Paid to Drive Your Car
The idea is pretty straightforward. You drive your own car, on which an advertisement has been placed, and receive payment for doing so. In some cases, you may even be provided free car, instead of having to drive your own car.Do Dividends Matter?
Pretty much all finance students are confronted early in their educational career with the question of whether or not dividend policy matters to the value of a stock. Specifically, a paper written by Professors Merton Miller and Franco Modigliani argues that it does not matter. Without boring anybody with the gory details, it’s worth exploring what that means for investors.Starting Your Comprehensive Financial Plan
Your plan should address each of the following areas, preferably in this order, although you will alter it to match your needs. Go back to your goals and take the most important to you at present.Are You Aligned With the Truth?
Feeling financially secure can be sought after in a myriad of different ways, depending upon what you have learned and experienced throughout your life. Each one of us has our own criteria that we believe must be met in order to feel financially secure. The criteria is usually dependent upon a conditional reality, i.e., x dollars in the bank, job status, x number of high paying clients, debts paid off, etc.Why You Should Build Income Sources Outside of Work
People are trained to go to school get a good job and rely on that job to take care of them for the rest of their lives. There’s only one problem with this, it’s stupid!Assets and Liabilities in Comprehensive Financial Planning
Over time, we all build up assets as well as liabilities (debts). The general purpose of your financial plan should be to build up enough assets so that you can choose to live off them, to be able to fund your desired lifestyle, whatever that may be. In simple terms, your assets will be offset by your liabilities, but it can me more complicated than that.Income and Expenditure in Comprehensive Financial Planning
One of the most vital parts of your comprehensive financial plan is the relationship between your income and expenditure. Put simply, your income is what drives your lifestyle; your expenditure is what drains your lifestyle (although of course, this funds your everyday living). This article should help you to understand this relationship.Ways to Get Rich Fast
People often seek different ways to earn money, and everyone tries to find the best way so that he or she can get rich fast. When we see the world from one point of view, it seems that there is a huge race going on to get rich fast, but leading this race or even staying in the race is not an easy task.A Millionaire Blueprint
Let me start with a question, maybe most of you have never considered it. Do you think most self-made millionaires just ‘happened’ to become millionaires? No, they had a plan, a blueprint. Here is how it works.Top 3 Things to Do With Your Excess Money
Ever had too much money? This article looks at some options for people who find themselves with excess money.Growing Wealth (Part 1)
I have learned the first key to growing wealth. This aspect of growing wealth has been taught by all of the most successful business men and woman and the most successful entrepreneurs.Seeing Opportunity and Taking Advantage of It
Here are investment opportunities that many people will not see, and will not take advantage of. Are you going to be one of those people?Steps and Guidelines to Make Money Fast
High indirect taxes that have to be paid and high-priced goods that have to be bought have in turn increased your cost of living. Looking at the current natural resource prices, at some point, you might need some extra money.