In a longitudinal study performed at Harvard Universities they studied the reasons for upward socioeconomic mobility.
Whenever young people are told they should save for retirement and the future, someone will ask "But why should I scrimp and save now when I might DIE before I can even spend it?" This type of person (who probably makes awful financial decisions) wants an excuse to spend all their money on nice things and pretend like saving is a pointless pursuit.
As part of my quest for a healthy lifestyle, I share recipes with a group of friends on Facebook. I’ve given out the recipes for some of my favorite foods, including my favorite breakfast: low-fat Greek yogurt with strawberries and blueberries, topped with granola and pumpkin seeds.
The group has given me a lot of good ideas, too, and I balance my selections based on taste and the number of calories in each recipe.
My online friends spend a lot of time figuring out how to eat healthy. But are they spending just as much time determining how to build a strong financial portfolio?
I hope they are applying many of the ideas and some of their imagination on building a...
Swiping a credit card is not an expression of financial freedom. There are consequences and being an integrated adult means considering the future and how things might feel after saying, “Yes!” Daily spending is connected to the big picture of your financial well-being. It’s all connected. At the root, it’s about aligning your spending and earning with your values.
Yes entrepreneurs are mostly failures. So how is struggling and failure so cool?
Among the toughest decisions we face every day is making a short-term sacrifice in the hopes that it will pay off as a long-term gain. This is difficult for 2 reasons – first, we must give up something we want now, and second, we are hoping that the long-term gain is actually worth the sacrifice.
It’s important to apply this logic to our financial lives.
If you don’t aim high you are likely to procrastinate. When you say to yourself, “I want to get out of debt in 10 years,” you give yourself plenty of time to put it off. But when you make the goal harder to achieve, you have no choice but to tackle it full on without slacking off.
We take a look back at how Curtis Jackson made his money.
In my opinion, being rich doesn’t necessarily mean having lots of money. To me, ‘rich’ means having enough money to be comfortable, but while living a fulfilled and balanced life that’s full of great relationships.
Some people work so much to earn money that they end up neglecting their family, friends, and even themselves. Do you ever feel like you’re selling your soul doing work that you hate? Unfortunately, you are not alone.
Checks, financial statements, identifying information, and much more passes through the chain of the mail service, and it can be vulnerable at any time.