This week, someone asked me if I would consider writing a post about not drinking a daily coffee in order to become wealthy. I responded that I though the “daily coffee” is a red herring. By following a few simple rules up front, anyone will become a millionaire with enough time. Rule #1 – Invest […]
Single or not, a woman needs her own money. Full stop. I’ll never be convinced otherwise so don’t even try. I’ve lived for a long time and I see the importance of having money in the bank. The only thing that money buys is options. The more money you have, the more choices you get […]
Most of us dream of winning the lottery, but there are times when smaller lump-sums come into our lives. What should be done with that extra money? In my humble opinion, you should split that extra money in the following way: Investments need to be funded. My advice is to invest money when you have […]
Truer words have never been spoken. When it comes to investing your money, procrastination is also robbing your wallet. See – it’s like this. If you invest $0 today, then you’ll definitely have $0 tomorrow. On the other hand, if you invest something, then you’ll have way more than $0. The more you invest, the […]
I’ve been learning about wealth-building and personal finance for awhile now. Allow me to save you some time by sharing the methods that helped me to reach my own financial goals. If you want to increase your wealth, then implement as many of the following strategies as you can. Don’t be discouraged if you can’t […]
Happy New Year! I hope that you 2024 is off to a great start for you. I’m happy to report that my cash machine hit a new milestone in 2023. After crunching all my numbers and updating all of my spreadsheets, I was quite pleased. For the first time ever, my cash machine generated more […]
There’s only 1 week left until we say “Welcome!” to 2024. My gift to you this holiday season is a step-by-step plan for your money. As always, take what you want and leave the rest. First off, I want you to open atleast 3 bank accounts. Each of these will have a very specific purpose. […]
You learn a lot from failure. It’s a more instructive teacher than success. Everyone makes mistakes with their investments. Warren Buffett started investing when he was 10. Do not let anyone convince you that every investment he’s made in his entire life was a winner. If I had to guess, I’m sure that he’s made […]
Another year is quickly barreling towards its expiration date, and that means it’s time for me to assess what I’ve learned about money and my own behaviour towards it. And this year, the big thing that I’ve learned is that automatic savings plans perform better than promises. For the most part, I have the same […]
At the time of his point, there are 26 days left in 2023. Hard to believe that this year will be done in little over 3 weeks, but that’s the reality we’re living in. Maybe you should take a few minutes to think about 2024 and your money goals for the upcoming year. If you […]