Posts Tagged ‘Financial Success’
Every Sunday, The Simple Dollar reviews a personal finance book or other book of interest.
The title of this book convinced me to pick it up at the library recently, but it was the introduction that caused me to actually take it home and give it a full read.
The introduction, entitled “Life as a Sucker,” makes the case that society is stacked against individual financial success unless you already have a lot of capital. Almost every element of modern society and government works against you without a large bankroll in your hand with which to generate more money.
In…
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Holding down a steady job and earning regular paychecks is both the easiest and most common form of earning an income. Building a solid foundation of deep wealth however, requires time, planning and a considerable amount of research. There are three general means to creating wealth: active income, portfolio income, and passive income.
Photo by Linus Bohman via Flickr
While these three concepts of wealth building are reasonably easy to understand and initiate, hordes of people continue to muddle through work days feeling trapped in their current job. Discovering other enjoyable ways of earning money is the simple key to…
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Every other Sunday, The Simple Dollar reviews a book of interest.
Over the last few years, I’ve come to believe that the biggest key to personal finance success is controlling your own psychology and impulses.
Our entire lives are filled with quick decisions we must constantly make – and, for the most part, we’re good at it. We commute to work without getting in an accident. We make constant little decisions at work – and at home, too. We’re able to effectively take several pieces of information, combine them together, and make a pretty good choice based on the result…
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No issue how old you are, or how muoney you have in tank, it is never tote to start setting new financial goals. A large component of successfully saving money and making much more money is the formation of goals, keeping track of your progress and discovering that determination that is key to your financial success. Goal setting is a extremely essential component of any financial strategy, and if you are discovering it challenging to place money aside, formulate new streams of earnings, or just get by, these goals can make a huge distinction in your existence.
The initial…
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Love him or hate him, Dave Ramsey gives great common sense advice about how to get out of debt and build wealth. People that hate him often don’t want to make the sacrifices in their lives that he describes you must make if you want to win with money. Here’s a great video from him that gives you a good synopsis of what he’s all about and his financial success program.
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