Do you know the true costs of homeownership? You’re not missing out if you are deliberate in your decision making process. A home purchase should reflect and support your overall financial goals, not hinder them. Here are some things to think about.
Today, more than a third of Americans are working in the gig economy — loosely defined as those who work a series of freelance or short-term jobs rather than one full-time job. Whether out of necessity or due to the independence the world of freelance provides, it’s safe to say the gig economy won’t be going anywhere for a while. If you’re on the fence about cashing in on the gig economy, consider these reasons to give it a shot.
“Make your money work for you” is among the most common pieces of personal finance advice shared, but what does it actually mean? And more importantly, how can you do it? While there is no single way of doing it, we’ve outlined a few ways that you can use to get your money working — as well as a few mistakes that could be preventing your money from working as hard as it could.
When it comes to decision-making, it’s not uncommon for there to be an internal tug-of-war between the needs of our present self and our future self. This battle is particularly pronounced when it comes to managing finances. Fortunately, there are strategies you can use to enjoy life now while still keeping your future self top-of-mind.
Managing your finances is about mindset as much as it is about knowledge. Silent self-doubt is one of those negative mindsets that can challenge your entrepreneurial success. Fortunately, simply changing a few habits will prevent them from overwhelming you. Here are a few of our favorite methods for managing self-doubt and keeping you moving forward.
Over the last few years the Financial Independence/Retire Early (FIRE) movement has quickly gained momentum and it’s easy to understand the appeal. Even for those that don’t plan to “retire early”, the financial independence component provides an aspirational goal that is readily achievable for those willing to make some small, but important, changes in their lives.