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Go Beyond Keeping Up With the Jones’ – Change Your Peception, Change Your Net Worth

Go Beyond Keeping Up With the Jones’ – Change Your Peception, Change Your Net Worth

By in Mind and Money, Money Management, Wealth | 22 comments

If you keep up with the Jones you’re destined for a bleak financial future. I’m intrigued by the magazine articles that specify how to get a designer look on a budget. But there is a fallacy with these articles and I’ll tell you why. Keep up with the Jones – Hi versus Low The premise is that a designer spent $40,000.00 designing this room, and you can get an approximate look for $9,000.00. Think about it for a moment. Do you think $9,000.00 on furnishings and decoration for one room is an affordable price? Who are they writing for?...

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How to Calculate Net Worth – What Are You Worth?

How to Calculate Net Worth – What Are You Worth?

By in Money Management, Personal Finance, Wealth | 17 comments

What is Your Net Worth? Get Rich Step by Step-by-Step “Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver,”  Ayn Rand 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 identify your financial baseline. Simply put, net worth is the total of your financial worth on a particular day. Net...

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The Key to Success Is…Interview with Derek Sall

The Key to Success Is…Interview with Derek Sall

By in Personal Finance Luminaries, Wealth | 1 comment

I’ve known Derek Sall since 2010, when we both started our online financial website empires. Derek’s story inspired me and I wanted to share it with you. His deliberate life decisions, successes and failures hold lesson’s for anyone who’s said, I don’t have time to take care of my family, start a side-hustle, work out or get rich.  Derek of Life and My Finances.com is a personal finance luminary and a regular guy with a passion for life and building wealth. Here is his story. 1. Let’s peak into your background and your personal story. My background isn’t simple,...

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5 Ways to Make Sure You Conquer Your Financial Goals

5 Ways to Make Sure You Conquer Your Financial Goals

By in Guest Post, Money Management, Personal Finance, Saving, Wealth | 0 comments

How to Ensure Your Financial Goals Aren’t Holding You Back By, Kostas Chiotis We all have personal financial goals. It might be a short term financial goal to earn a certain amount or to get out of debt in a specific number of years or something as simple as saving up to buy a new computer. Whatever your money goals are, it’s important to make sure you are taking the right steps to achieve them. In this post, you’ll learn about a few strategies to make sure your financial goals are not actually holding you back but that you’re...

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Are 2017 Financial Forecasts For Real?

Are 2017 Financial Forecasts For Real?

By in Economics, Investing, Mind and Money, Wealth | 0 comments

Financial Forecasts – Myth Or Reality? During a recent trip from San Francisco to Ohio, I spent several hours indulging in the Wall Street Journal, cover-to-cover. Fascinated by their second quarter Markets Review & Outlook Section on July 3, 2017, I fervently read the predictions made by pros compared with reality. Learn whether the financial forecasts hit the mark or veered off course. I assumed that at least one prediction for the markets for 2017 might have materialized. Yet, out of 8 economic predictions, ranging from U.S. stock indexes to inflation, the experts were all wrong. Here’s why it matters....

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5 Inspiring Warren Buffett Investing Quotes

5 Inspiring Warren Buffett Investing Quotes

By in Investing, Mind and Money, Money Management, Mutual Funds, Personal Finance, Stocks, Tips, Wealth | 6 comments

Warren Buffett is considered one of the most successful investors of our time. According to BusinessInsider‘s Andy Kiersz, in “Here’s How Rich You’d Be if You’d Invested $1,000 in Buffett Way Back When”, $1,000 invested in Berkshire Hathaway in 1964, would be worth about $11.6 million today. This information uses the 1964 share price of $19 and the February 27, 2015 closing price of $221,180 for Buffett’s Berkshire Hathaway (BRK-A). With the more recent closing share price of $194,620 (September 25, 2015) you’d still be rich. Bonus; What is Multifactor Investing and is it Worth a Try? I don’t...

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