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The school system doesn't create well-educated children. I'm not here to blame anyone because it's challenging to educate people in mass.
This opens the possibility for educators to build their own tutoring businesses. But we are not aiming to exchange time for money.
We can release blogs and videos teaching our various educational techniques. From these, we can build online courses and printables.
Finally,
...We have to do everything we can to reduce our tax burden. The government gives us tools to assist with this goal, but we must take massive action.
Roth IRAs can allow us to grow after-tax income in a tax-free account. When we turn 59 ½, our distributions will be tax-free forever.
Health Savings Accounts are triple-tax advantaged accounts, meaning the contributions, growth, and distributions are all tax-free. However,
...Do you want to work for 35 years to receive $3,000/month in social security benefits? That sounds like a bad deal to me.
I would rather create a $3,000/month paycheck by age 45 and grow it into a $20,000/month paycheck by the time I turn 66.
But where do you start? I choose income investing as my investing style of choice. It's not for everyone because it requires knowledge, research, and faith in the system.
...Keeping your affairs tight is tough in your 20s. You will start from the bottom of a company, and begin your search for a spouse.
It's easy to focus on jobs and relationships over wealth building. However, this is the best time to build wealth because you are entirely in control of your finances.
You can use bonds to build an emergency fund, anticipate capital gains, and create income. There are two types of bonds we
...Many people are quitting their jobs and are silently putting less effort into their tasks. These movements sound great on paper, but what lies underneath the surface?
How does it look when you are 40 years old and don't have a career? Will you have the resources to provide for your family?
The timeframe between the age of 24-35 is vital to building your status in the workforce. The harder you work here, the less stressful
...Once you turn 60, you can access your taxable 401K and Roth IRA. But what the heck are you going to do with this large sum of money?
Most people have analysis paralysis and run to a financial advisor. However, you are not an idiot.
You saved the money; therefore, you can learn how to grow the money. The absolutely worse thing you can do is take the money out and buy a boat or car.
Anything short of that
...Interlibrary Loan
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