personal finance

The ABCs of personal finance and investing; how to invest wisely and grow your wealth.

21 small actions that help you make big savings
Just as we clean our house regularly, so should we clean our finances. Often, a few small changes can lead to big savings in the long run, both in terms of time and money.
By Sebastian Voice4 years ago in Trader
Personal budget as a kik by Shito-Ryu
As a teenager, I practiced a form of martial arts called Shito-Ryu and I still remember the moment I learned the first shot called "Seiken Tsuki". It's a basic punch, quite simple. Sensei taught us then that we have to practice this shot all the time to complete our technique. He told us that the great masters are often seen practicing this basic technique.
By Sebastian Voice4 years ago in Trader
Finance Tips That Can Benefit Your Family This Year
The image source is Pexels. Financial planning is a constant challenge for many families. In order to make the necessary changes and stay on track, it is important to have a family budget and stay organized. Even with the best of intentions, it can be difficult to balance the checkbook, plan for the future, and prepare for the unexpected. Fortunately, there are a number of simple financial tips that can help your family succeed this year. These tips don't require an excessive amount of time and effort on your part but can have a large impact on your family's financial security.
By Rayanne Morriss4 years ago in Trader
5 Passive Income Ideas to Earn $1,000 More Per Month in 2022
Investing in equities is the most effective passive income source for 2022. Investing in stocks is a straightforward and easily accessible passive income strategy in 2022 when it comes to passive income ideas. This is one of the few passive income concepts that does not necessitate a significant initial expenditure of both time and money on the side of the investor in order to get started. In fact, you can begin investing at any age and with any amount of money, regardless of your previous financial experience or financial literacy.
By Florin4 years ago in Trader
How to Generate Passive Income and Retire Early
Lending Out Your Money For Passive Income. Consider this: Take ten percent of your annual income, right off the top, before your expenses, before your taxes, before anything else, and invest it by lending it to people, and in this idea from the 1920s, you start to build up interest on those dollars you’re lending out, and it begins to accrue with something called compounding rates of return, and what those are are the secrets to passive wealth, and this is how you achieve it.
By Florin4 years ago in Trader
10 Easy Ways to Improve Your Financial Management
1. Many people put off creating a budget because they do not want to go through what they think to be a time-consuming process of recording expenditures, adding up statistics, and verifying that everything is in proper functioning order, among other things. If you have a poor relationship with money, there are no justifications for not adhering to a financial plan. Even though it takes only a few hours per month to create a budget, spending a few hours per month is counter-intuitive if it is the only way to get your spending under control. If you want to focus on the benefits of budgeting rather than the tasks required in constructing one, think about the benefits of budgeting in your whole life.
By Florin4 years ago in Trader
8 Frugal Living Habits To Help You Save Money
These become habits for the truly scotch-loving individual. Eight of these tendencies are discussed in greater detail below. This type of strategy can be taught in a matter of days and transformed into new habits in a matter of weeks. Then they'll put money aside for you to use whenever you need it throughout the rest of your life.
By Florin4 years ago in Trader
How I Make $15,000 Per Month With Three Side Hustles
1. Rental income. As an owner-occupied real estate investor, I purchased my first piece of property in 2019, a three-unit multi-family building. I acquired the property using the house hacking technique, which I learned from a real estate mentor.
By Florin4 years ago in Trader
How to Start Building Passive Income Streams Through Investing
What exactly is passive income, and how does it operate in practice? As the term implies, passive income is revenue that can be made without the requirement for active work or time input. In the past, the vast majority of people created passive income through various activities such as real estate and stock market investing, among others, to supplement their income. While earning a passive income has become more accessible as a result of the internet, there is still a plan that will appeal to the vast majority of individuals, no matter what their abilities, financial capabilities or desires are.
By Florin4 years ago in Trader
5 Ways to Boost Your Finances and Earn $50,000 Per Week
1. Budget Based on Zero So, if you haven’t already done so, the first thing you can do to supercharge your finances is to create a zero-based budget, also known as a zero-sum budget.
By Andeut4 years ago in Trader
The 13 Wealth Commandments That Help You To Make 30k A Month
These wealth commandments will help you live in abundance while also dictating how to obtain and maintain it. Stay tuned to find out how many commandments there are, because I think you’ll be surprised at how easy some of them are to follow.
By Andeut4 years ago in Trader
5 Strategies That The Rich Use To Make $100,000 Every Year
We’ll be discussing actual methods and behaviours that nearly all wealthy people employ in order to become wealthy. 1. Keeping Track of Expenses
By Andeut4 years ago in Trader