Being a millionaire is no longer a ticket to mansions, yachts, and caviar, but the goal is more attainable than ever. According to 2020 data from Phoenix Marketing International, a firm that tracks the affluent market, 6.71% of U.S. households (or 8,386,508 out of 125,018,808 total U.S. households) have investable assets of $1 million or … Read more
“Let me tell you about the very rich. They are different from you and me.” — “The Rich Boy,” by F. Scott Fitzgerald It’s true: Wealthy people manage their money differently from the rest of us. I’m talking about the truly wealthy, the well-off, or the 1%. Compared to peasants like you and me, they … Read more
We grow up listening to stories of the great men who made a difference and dream of becoming like them someday. That dream begins to fade when we are faced with the actual hardships of life. The bottom line is that there is no easy road to success. Even the heroes we grew up reading … Read more
What you know about money management often comes from your experience, advice from your friends, parents, and wife, or a random search on the Internet. These sources of information are sometimes unreliable and can lead to bad money management skills. In this article, we’ll give you seven tips on how to handle your money and … Read more
Only a few generations have encountered financial difficulties. However, the unfortunate reality is that millennials face more financial challenges than any previous generation since the Great Depression. Nevertheless, I understand. We are now on a different planet. Everything are becoming more pricey. Education debt is a pain. It takes a lot of effort to find … Read more
Have you ever tried to define the term success? The modern man is forced to develop specific skills that help him succeed in the material world. Those skills usually come down to the ability to make money. We often see people needing to be more thoughtful when they want to become more successful. It’s time … Read more
Seeing people announce their net worth on social media may make you ask yourself, “How do I become a millionaire?” Yet “millionaire” can feel like a vast, unattainable word. However, the good news is that becoming one is more realistic than you might think. These days, being a millionaire isn’t necessarily about butlers, private jets, … Read more
Most of us routinely push through the weekdays while we wait for the following weekend to roll around, giving us a moment to choose how we spend and enjoy our time. For those who are merely working to pay the bills, 71% of every week is a total write-off. It’s a sad statistic. What keeps … Read more
Some of the most powerful and successful people in history have become who they are because of the hard things they have gone through in life. John Paul DeJoria is no different. The self-made billionaire entrepreneur is best known as the co-founder of the world-famous hair care company John Paul Mitchell Systems and, later, the … Read more
1. Pay your savings first: As Buffett has noted and demonstrated on multiple occasions, you should “pay yourself first” by putting a portion of your funds away first. Too many entrepreneurs go all in on the company they create and live for the promise of “the big exit.” But then it goes wrong. Even worse, … Read more