Have you ever wondered about the money that you have in your pocket? How long does it last? How much of it is in circulation? What is the history of it? Money has been around for thousands of years as a form of currency and trade. Here are some interesting facts. The Lifespan of Money […]
Got skills?
With all this talk about personal finance, let’s take a step back and talk about skills for a moment. You may be wondering, what at all do skills have to do with personal finance? The answer frankly is, a lot more than you think. In reality, we should not constantly be focusing on money at […]
Is Savings the Way to Grow Your Wealth? You Would Be Surprised
Most personal finance blogs will tell you that savings is the most important factor in becoming wealthy, which is true right, if you don’t save; you simply cannot increase your net worth, which is a lose/lose situation. However, is savings the answer to abundant wealth? Lets take a look at what saving over a lifetime […]
How to Become Wealthy
How to Define Wealth Before discussing how to become wealthy it might make sense to discuss what the definition of wealthy really is. Is it 2 million in the bank? A salary of 1 million per year? In my opinion being wealthy is having enough money to allow yourself to never have to work again […]
Trading and Term Literacy, Are CFD and Forex Trades Good For Small Investors?
Is Trading the Way to Riches? As an intro lets discuss whether trading stocks, futures, commodities, bonds etc. are in general a great way to become rick. The simple answer is no. Although it is true that some people have been able to make millions and even billions of dollars in the trading world, many […]
The Intelligent Investor: The Best Book In the World
The Intelligent Investor is by far the most well respected investment philosophy book in modern history. The author Benjamin Graham was a world renowned investor and mentor to Warren Buffett, who is well-known in modern times as the world’s most successful investor. Warren Buffett has publicly stated that much of what he bases his investment […]
What the Credit Card Companies Do Not Want You To Know
Ah this is a great topic for the holiday season…Credit cards are the best invention ever made right? Well, they may be a great invention for credit card companies (especially right around this time of year), but for the consumer that does not understand their impact, credit cards can be a nightmare. However, for consumers who […]