Many dreams of being rich, though what that means varies widely among people of different backgrounds and experiences. To some, it means never having to worry about expenses. For others, it is not working so many hours. Others define it as complete financial independence. No matter what your definition of “rich” is, experts offer suggestions … Read more
What is Financial Stability? When you have reached a state of financial stability, you are confident and utterly stress-free regarding money. You are not worried about having the funds to pay your bills, saving monthly money, and being debt-free. In the simplest way possible, being financially stable means spending less than you earn (or living … Read more
1. Pay your savings first:— As Buffett has noted and demonstrated on multiple occasions, you should “pay yourself first” by putting away a portion of your funds. 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, some … Read more
If you occasionally stress over money, you’re not alone. Only 51% of Americans said they were financially secure, according to the March 2015 Pew Survey of American Family Finances. 55 % of respondents reported breaking even or spending more than they make each month, and 33% indicated they had zero savings. Chances are you should … Read more
Most of us can find ways to save $100. But how do we use that money to boost our finances? We asked nine successful investors, self-made millionaires, and advisors at The Oracles to share their ideas on how to turn $100 into $1 million. 1. ‘Invest in something you love.’ “It’s difficult to acquire wealth. … Read more
College enrollment in the United States is now down 6.5% compared with 2019 — the most significant two-year drop we’ve seen in the last 50 years, according to a new report from the National Student Clearinghouse Research Center. Many students opt out of bachelor’s degree programs due to rising costs and the coronavirus pandemic’s economic … Read more
If you’re sitting on at least $1,000 and it’s scratching an itch in your pocket, consider investing it rather than spending it on something frivolous. But the question that then beckons us is: Can you make money quickly investing with just $1,000? While there are plenty of ways you can make money fast by doing … Read more
Millennials are growing interested in jobs that can be done online. The truth is, this is hardly surprising to anyone. The internet has shaped most of our lives, and it’s only natural that it should shape our careers as well. Plus, making money online is an undeniable advantage that traditional office jobs don’t offer – … Read more
Through his grit and business acumen, Nigerian real estate mogul Kennedy Okonkwo became one of the leading voices in his industry and the Chief Executive Officer of Nedcomoaks, one of Nigeria’s largest real estate firms. However, he did not attain his current status on a platter of gold. The odds were stacked against him, but … Read more
Throughout my five-year “Rich Habits” study, I got to know 233 millionaires with an average net worth of $4.3 million. I learned about their origin stories, value systems, career trajectories, and how they approach their money. Even though many of them had different backgrounds and experiences and started from various places with their finances — … Read more