Learn how to calculate your net worth and make it grow.

How to Calculate Net Worth and Increase it

The first step in creating a fitness and diet plan is to step on the scale. Nobody likes to get weighed, but you have to accept where you are right now, before proceeding to change. It’s how you keep track! This article instructs in how to calculate your net worth, and why. Plus tips to grow your net worth.

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financial planning process-girl on computer thinking

The Financial Planning Process – Steps to Wealth

How to Manage Money Wisely – The Personal Financial Planning Process Everyone wants to improve their financial situation, but many people are stuck in the same habits that prevent them from thriving financially. Unfortunately, it’s hard to improve when the same old financial advice is repeated ad nauseum: budget, budget, budget! “What does that look like in my life?” you might wonder. “And aren’t there any other ways to improve my financial life?” You might wonder, “How to manage your money w…

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financial success makes you happy

Achieve Simple Financial Success with 5 Good Financial Habits

Developing ‘good habits’ has become an industry. From Charles Duhigg of The Power of Habit to Gretchen Rubin’s, Better Than Before: What I Learned About Making and Breaking Habits–to Sleep More, Quit Sugar, Procrastinate Less, and Generally Build a Happier Life, creating good habits is important across the spectrum or our lives. This article will show you how to be financially successful with a few good financial habits. Simple financial success is not rocket science. Start early, start small…

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raining money on couple

How to Become a Millionaire by 40

A millionaire by the time you turn 40? It sounds unbelievable, right? But if you are in your early 20s, fresh out of college and into a new job, and have the will to become a millionaire as soon as possible, you can become a millionaire before you turn 40. Tt will require some self-discipline. You have to mentally and emotionally commit to the goal but the results are worth it!

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Sahirenys Pierce_poc personal finance blogger

15 Personal Finance Blogs by People of Color

Finance and investing success is for all, not just for a priviledged few who grew up in the “right” communities and went to the “best” schools. With the connectivity of the global community and the democratization of information, there still exists a divide between the “haves” and the “have nots.” One way to level the financial playing field is though education and mentoring. These outstanding people of color are teaching others smart money practices. To create financial success, learn the mo…

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girl scratching head trying to decide whether now is a good time to borrow money

Is Now a Good Time to Borrow Money?

Unemployment is rising and interest rates are low. Seems like a good time to borrow money to help get through a rough patch, maybe. Smart borrowing can be part of an overall wise financial plan or a decision that will lead you down a path of financial ruin. Learn the pros and cons of borrowing money now, how to borrow money, whether this is a good time to refinance your mortgage and more.

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Money can't buy happiness - But it can help

Money Can’t Buy Happiness, But ….

Money Doesn’t Buy Happiness, But….. Money is  one of the most important commodities in the world. And rightly so. Unless you live off the grid, grow our own food and make what you need, then you need money to live.  When I was a teen, I used to berate my parents for their materialism and consumerism. Not a day went by when money wasn’t mentioned. As I grew up, I realized that while money doesn’t buy happiness, it’s extremely helpful in solving financial problems like:

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importance of time value of money concept

Time Value of Money in Financial Decision Making Leads to Greater Wealth

The Concept of Time Value of Money is Important to Financial Decision Making Because … “A bird in the hand is worth two in the bush” This medieval proverb still holds true today. In modern terms, it’s better to have a certain payoff today than an uncertain one in the future. After all, who knows what the future holds? By understanding the importance of time value of money, you can find out how to hack the TVM concept for your own benefit.

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