Here’s how to make your baby a millionaire by 21.
Here we write about the core money basics. These are the 101, beginner, and essentials of managing your money.
If you don’t understand the simple things like what is net worth, or asset allocation, you won’t have a foundation for becoming financially independent.
Some people are readers. Others are visual learners. Here I’ve put together a Financial Independence Flowchart that I follow to assess my own status around financial freedom. The Financial Independence Flowchart How to use the Financial Independence Flowchart The flowchart infographic is intended to be super-easy to use. Simply start at Start Here and answer …
Emergency funds get you back in control of your money. Having a cash cushion protects you from bad news and surprises. Here, we will consider what an Emergency Fund is, how to build it, how to protect it and how it interacts with financial independence. This in-depth article will take you through all the key …
Whisper it… You could achieve Financial Independence! Ten Steps to Financial Independence Follow these ten building blocks to learn how to achieve financial independence 1. Life’s Two Certainties 2. The Finance Dependence Formula 3. Know Your Net Assets 4. The Financial Independence Formula 5. Understand Savings Rate 6. Reduce Your Costs 7. Increase Your Income …
To become financially free, you must understand your personal net assets. Your Net Assets are the sum of everything you own that has a monetary value .
If you spend everything you earn, you are financially dependent. The Financial Dependence Equation is: Regular Job Earnings = Spending
The two certainties of life are death… and bills. Accept this fact to become financially free.