Financial literacy is not the same as mathematical literacy. You don’t even need to know maths to be financially literate. It has become necessary for me to put that out there because of the scary staggering lack of financial literacy in our society. Disturbing Financial Literacy Statistics Let me show you the disturbing numbers before …
I’m so convinced that millionaires come from money that I take any young millionaire success story with a grain of salt. A decade ago, I thought that having a million in the bank is unattainable for regular people, even with a second or third job! And then I entered the world of personal finance. After …
The new year is always a busy time for small businesses, especially if you add tax filing to the whole equation. It can be inundating. I have been there, so I know the feeling. I understand how much many small businesses dread tax season and anything that has to do with filing. This is why …
Imagine if you are sure you don’t have to file a tax return this year. Wouldn’t that be some massive burden off your back? Not everybody must file an income tax return every year. Usually, if your total earnings for the year do not exceed specific thresholds, you do not have to file a federal tax …
Only 1% of the population controls over 40% of the country’s wealth. It might come as a shock only for those living under a rock this whole time. The 1% do a great job of hiding their wealth from the government. Luckily for them, the US taxing system offers enough loopholes for the wealthy to …
When it comes to personal finance, having a solid cash flow is extremely important to have sustainable growth in your savings & investing goals and making sure all your various bills are paid. The quickest thing you can do to increase cash flow for your personal finances today is to review your numbers in order …
Knowing how to successfully invest money is one of the most important aspects of personal finance and can dramatically impact an individual’s standard of living. With benefits ranging from a more comfortable retirement to simply better peace of mind, investing is a massive responsibility that must be taken seriously. Once a person gains a basic …
