This blog post contains affiliate links that we trust. If you use these links to buy something we may earn a commission, at no cost to you. Read our full disclaimer policy here. Thanks I have often heard that the number one golden rule of money is to “think long-term”. Well, when it comes to a mortgage, we should probably say "think long-term while paying in the short term". Table of Contents Less costly More risks, but more reward Less predictable, but greater reward Lower interest rate Dispel the tax argument Equity grows faster Our case Less likely to overborrow Better Plan Get 15 years of ..read more

This blog post contains affiliate links that we trust. If you use these links to buy something we may earn a commission, at no cost to you. Read our full disclaimer policy here. Thanks Retirement will be here before you know it and building and protecting your retirement savings is one of the biggest and most important financial goals for most people. Your retirement savings is going to be the biggest factor that determines how comfortable you will be living in the fourth quarter of your life, so it's critical. We all want to live well when we retire, so there is no better time then now to th ..read more

According to a recent survey conducted by Bankrate, 6 out of 10 Americans have loaned money to a family member or a friend. And of those that have loaned money, more than 35% say that they experienced a loss of money, a damaged credit score, or it harmed the relationship. In this article I want to, not only give you 4 reasons you should never loan money to family and friends, but I also want to talk about a viable solution that you should consider. ,Table of Contents The borrower is still slave to the lender Money changes the relationship You could be enabling your family member or friend Peop ..read more

This blog post contains affiliate links that we trust. If you use these links to buy something we may earn a commission, at no cost to you. Read our full disclaimer policy here. Thanks. Learning how to negotiate and developing negotiation strategies to get better deals is a money saving tip that will leave more cash in your pocket for investing. And who doesn't want that? Negotiating is a power play. If you want to play with the BIG DAWGS, then you need to learn the art of negotiating In this blog post, I want to take a look at 6 crucial negotiating strategies that, if you employ them on a re ..read more

This blog post contains affiliate links that we trust. If you use these links to buy something we may earn a commission, at no cost to you. Read our full disclaimer policy here. Thanks. If you are looking for some good reading material to help you build wealth and win with money, this list of 5 books is a great place to start. These books come with my recommendation because I've read them as my own need to get better with my finances arose over the years. I credit these 5 books with shaping my mindset about money and helping me get organized with my personal finances. Here are my top picks fo ..read more

The Net Worth formula for individual wealth and success in life is a list of your assets minus all of your liabilities Mega stars and the uber rich like Oprah Winfrey, Michael Jordan, Mike Bloomberg, and Kim Kardashian, all have a substantial net worth. But so do you. You have a net worth also. Don't worry, you don't have to compare yourself to them. The Net Worth statistics, according to CNBC, indicate that the median net worth for a person in America between the ages of 35-44, is $91,300, but again, don't let that discourage you. It's your turn to figure your net worth and then work to impro ..read more

There are many ways and many places to invest your money. What is the best option for you? Is it worth the time and effort to put all of your money into single stocks, or should you go with index funds or mutual funds, which give you exposure to lots of different sectors, while reducing your risk of having all of your eggs in just one single basket? Take inventory of your own personal situation, your goals, and what you want your money to accomplish, and then make a decision that is best fits what YOU are trying to accomplish. In this blog post, I'm going to examine 10 places you can invest yo ..read more

1. Investing in my jobs retirement plan. I learned early on to not rely on the "get rich quick" method. The most reliable way to get rich is to strategize, plan, and invest in a methodical automatic way over a long period of time. It's not fancy and it's not sexy, but it works. The 401(k), 403(b), or whatever your jobs retirement plan, is ideal for this. Don't forget to take advantage of the free match (free money) that is offered. I can't begin to explain to you how crucial this is. Click the link at the end of this blog post for a compound interest calculator to see how your money can grow o ..read more

What is the number 1 thing that stops people from saving money?   Surprisingly, it’s has very little to do with the inability to mak more money. It’s actually cutting their expenses. Check out the chart below that is the result of a recent survey that shows that Americans list “expenses” as the number one factor that keeps them from saving money. Most people's income isn't growing at the same rate that their expenses are growing. This means one thing. PEOPLE HAVE TO STOP SPENDING SO MUCH!! Stop worrying so much about how much money you make, and start focusing on how much you spend! What ..read more

Is ownership important to you? Do you want to own your own business someday? Are you tired of feeling like everyone else in in control of you? Lets unpack a few facts to show why ownership of a business is important and why it should be at the top of everyones list when it comes to your goals and your financial future. Regardless of your gender, your ethnicity, or your age, ownership shoud matter for everyone. After I give some facts, I want to give you a few things you can do so that you can be on your way to becoming the owner of your future. This blog post is not about blaming anyone. It's ..read more