Category: Investing

Financial Mistakes 0

The 5 Worst Financial Mistakes You Can Make

It is the financial mistakes you avoid that makes all the difference. People think that they need to make more money, catch a break, or get ahead on finances to be wealthy. Sometimes, all it takes is to avoid the big financial mistakes that can destroy you. Here are the worst five things you can do with your finances: Getting Into Credit Card Debt Buying a Brand New Car Vices Not Investing or Saving Excessive Spending 1. Getting Into Credit Card Debt The worst kind of debt is credit card debt. The only thing remotely as bad as credit card...

Investing and Growth 0

Investing 101: How to Learn and Start Investing

Investing is the most important aspect of building wealth. “It is through investing that one acquires assets, and through assets that one acquires wealth.” Wealthy Whisper Investing is something that even the uneducated can do with little money. It is the way to make money work for you so you can reap the rewards while you live a busy life. To make it plain and simple, you need to invest your money. Whether it be 1% or 25% of your income, it all matters and adds up. Most wealthy people have made their fortunes through investing; whether that be through...

Steps to Wealth 2

10 Realistic Steps to Becoming Wealthy

Becoming wealthy is something that almost everyone wants to achieve in life. It enables you to live comfortably, become financially free, and even retire at a young age. The basis of becoming wealthy is increasing your assets while decreasing liabilities. The following is the equation for net worth (the measurement of how wealthy you are): Value of your Assets – Value of your Liabilities. Becoming wealthy takes a lot of hard work and practice, but it is by no means unachievable. Even beginners in finance can achieve this ultimate goal with a little education. Here are the ten steps that...