How to invest during an economic crash
Young Money Investing | Financial Tips and Information
by Young Money Investing
4y ago
At the time I am writing this post we are currently going through possibly one of the biggest "black swan" events ever recorded in history. This event has caused the global economies to be harshly impacted. This black swan event is a pandemic known as COVID-19 (coronavirus). Due to this pandemic there have been unimaginable numbers of small business's closed and hence millions of jobs lost around the world. In the midst of these job losses comes great economic pressure and panic. And due to this the stock markets around the world have plummeted. Hence I think it is ideal to have a financial p ..read more
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5 Habits of Rich People
Young Money Investing | Financial Tips and Information
by Young Money Investing
4y ago
I consume a lot of motivational and financial content! I absorb it like a sponge listening and watching it all day. So I sit here wanting to share at least what I think is 5 of the most important habits rich people share. Now some of these things don't directly relate to you becoming rich and making money but are habits that rich people have acquired to assist them on their financial journey. Getting rich and becoming wealthy is not all about how much money you can make and how to multiply it! It also comes down to your wellbeing and physical health. Why you may ask? Well part of being rich a ..read more
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Differences between REIT's and Real Estate (Real Estate vs REIT's)
Young Money Investing | Financial Tips and Information
by Young Money Investing
4y ago
I'll start off by saying these are two AWESOME ways to build your wealth and achieve financial freedom! Most of you have an idea of what real estate investing is in general. If you do not know check out this post I created on However when it comes to what a REIT is, many people do not know! REIT's and real estate have similarities and differences and with that comes pros and cons which we will look to get into later. But for now lets's start quickly with what a REIT is. What is a REIT? A REIT is short for a Real Estate Investment Trust. They are typically an organisation or company that works ..read more
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Real Estate vs Stock Market (Pros and Cons)
Young Money Investing | Financial Tips and Information
by Young Money Investing
4y ago
The question everyone wonders when they think about investing: "What is better? Investing in real estate or the stock market?" When people ask this question the one thing they look for straight away is what is going to give me the bigger return for my money and make me rich! And although one may give more return for your money it may be more volatile or require much more time than the other. Hence why I think the best way to view the debate between real estate and the stock market is to look at the pros and cons from each. And from here you can then go on to making your decision about what yo ..read more
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What is financial freedom and how to achieve it?
Young Money Investing | Financial Tips and Information
by Young Money Investing
4y ago
Imagine waking up 7am on a Monday morning. And instead of moaning and slapping your alarm clock like you normally do before work. You wake up 5 minutes before your alarm clock and jump out of bed to take on the day however you please. No obligation to go to work to trade your time for money. This in my opinion is financial freedom. Financial freedom is the ability to live your life on your terms. Not having to "go to work" in order to make money to survive. The ability to go overseas or holiday whenever you would like. Sounds good doesn't it. Now if I had to define financial freedom I would d ..read more
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How to be better with money (3 step money management process)
Young Money Investing | Financial Tips and Information
by Young Money Investing
4y ago
It seems like the internet nowadays is flooded with how to make money, how to make money online, how to make money fast, how to make money from home. Everywhere you look there is content on how to make money and increase your income. But what good is that if you do not know what to do with it, how to manage it and how to multiply it properly. You have found yourself onto this page because you have a passion for finance and a willingness to become wealthy. And one of the keys to becoming wealthy and achieving your goals is learning how to manage your money. This post will give you a very rough ..read more
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5 Biggest Money Mistakes to Avoid in Life
Young Money Investing | Financial Tips and Information
by Young Money Investing
4y ago
Life is a journey. It's a roller coaster. You are reading this because you have financial goals and dreams. Whether that be to invest enough money to live off your investments, break your 9-5 or create a portfolio of wealth. During these times you are going to make mistakes. And the BEST thing about making mistakes is the knowledge you gain. Making mistakes are apart of life and for people with a rich mindset they accept and love their mistakes as they see it as a growing point! None the less there are some financial mistakes where it is best to avoid them rather than let them happen! So belo ..read more
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How to become rich! The 2 simple things you need
Young Money Investing | Financial Tips and Information
by Young Money Investing
4y ago
Everyone wants to be rich right?! Everyone may not admit they want more money but deep down they wouldn't complain if it was given to them. It's one thing to just want to be rich but it's another thing for it to be your goal. Money is attracted to people who search for it, it's quite simple. Before we go onto the 2 fundamental things you need to become rich we must first understand what differentiates a poor person from a rich one! And YES this goes beyond what they wear, drive and where they live, it is what they know. What the rich know that differentiates them from the poor! Chances are you ..read more
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Top 10 Finance Quotes (Part 1)
Young Money Investing | Financial Tips and Information
by Young Money Investing
4y ago
We all love quotes don't we?! Here are 10 financial quotes I have come across that will widen your mindset and get you on the right track to success today! 1. "If you are born poor its not your fault. But if you die poor its your fault." -Bill Gates 2. "I have not failed. I’ve just found 10,000 ways that won’t work." -Thomas A. Edison 3. "I’m only rich because I know when I’m wrong…I basically have survived by recognizing my mistakes." -George Soros 4. "Wealth is the ability to fully experience life." -Henry David Thoreau 5. "Too many people spend money they earned..to buy things th ..read more
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The power of compound interest! What is compound interest?
Young Money Investing | Financial Tips and Information
by Young Money Investing
4y ago
"He who understands it, earns it; he who doesn’t, pays it,” -Albert Einstein Albert Einstein calls compound interest the "8th wonder of the world." This coming from THE Albert Einstein! If that doesn't highlight the importance already then I don't know what will. Once you understand the concept behind compound interest as explained below you can really see how it can become essential for generating some serious wealth. What is compound interest? Compound interest simply is the use of time to make your money multiply. By saying time I don't mean a few months or a couple of years, I mean 10, 20 ..read more
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