Viewing category: Money

Using the 6 Jars System to Reach Financial Independence

by Jenny Smedraon April 15, 2020 ~ Leave a Comment

The 6 Jars Money Management System T. Harv Eker first introduced the world to his theory of money management in his book “Secrets of the Millionaire Mind.” He developed his 6 Jars System after making and then losing his first million. Eker realized his failure was due to poor money management skills and a few […]

Whose Net Worth Might Drop Due to the Pandemic?

by Jenny Smedraon April 2, 2020 ~ Leave a Comment

Forbes Billionaires The beginning quarter of 2020 has been costly for investors around the world. The stock market crash which began on February 20, 2020 saw the Dow Jones drop an average of 17%. This is the greatest drop since the 2008 mortgage crisis, causing more than $6 trillion of global stocks to disappear. This […]

How to Invest: Free Resources for Beginners

by Jenny Smedraon March 26, 2020 ~ Leave a Comment

Learning to invest and trade is one of the most egregious gaps in children’s financial education. Looking back at my junior and high school math classes, I cannot recall any dedicated lessons or courses on the subject. There were a few focused courses in economics at my university, but I usually passed over them for […]

How to Make and Sell Tutorial Videos Online

by Jenny Smedraon March 18, 2020 ~ Leave a Comment

In the age of social media, you can earn a ton of money if you make and sell tutorial videos online. Once you have an idea, you then have the daunting task of choosing the best platform for your content. Before you invest a ton of time and resources into creating your tutorials, ask yourself […]

The Problem of America’s Wealth Gap

by Jenny Smedraon March 11, 2020 ~ 1 Comment

In recent years, the Federal Reserve and government officials praise America’s economic growth. They commonly tout statistics supporting lower unemployment rates and economic expansion. Although statistical analysis shows steady growth, these figures mask the country’s deeply seeded wealth and income inequality. The truth is that the United States has a widening wealth gap leaving the […]

How to Get a Sneaky Bank Fees Refunded

by Susan Paigeon March 2, 2020 ~ Leave a Comment

Banks collect fees from almost all transactions. Consumers might be confused by this system, especially when waiving off these charges will result in luring more depositors. However, you do not have a choice since everywhere you go, you are likely going to encounter the same scheme.

How To Start Investing Money Based On Your Current Average Net Worth By Age

by Susan Paigeon February 20, 2020 ~ Leave a Comment

Being financially healthy is something that you should look forward to in the future. And to achieve this, it’s essential to be mindful of your net worth as early as now. If you want to meet your financial goals, you have to think of ways on how you can boost it while you’re still […]

Random Number Generators Show Its Really…Really Hard to Win At Gambling

by Susan Paigeon February 12, 2020 ~ Leave a Comment

So, this posting is a bit of a departure from our regular content, but it keeps coming up in the personal finance literature so we’re covering it. The main idea here is: how to make money gambling. The random number generator, otherwise known as the RNG, is a device that generates a sequence of numbers […]

How To Create A Household Budget and Stick To It

by Susan Paigeon January 22, 2020 ~ Leave a Comment

Have you ever looked at your bank account and thought to yourself that you need to save money? If you are, then there is a need for you to create a household budget and diligently stick to it. As you know, budgeting is one of the most vital principles one should know and practice, especially […]

5 Tips to Help You Pick a Credit Card

by Susan Paigeon January 17, 2020 ~ Leave a Comment

Credit cards are handy but if not used wisely can create horrible damage. It can be tempting to apply for a credit card especially with their special offers but it’s best to think it over many times before deciding. If it’s your first time to apply for a credit card, it’s best to consider starter […]