Money at Work Series. Basic rules of money management. Without a strong foundation, hard to plan and get ahead. Basic money management can lead to better financial decisions and a better financial future.
Money at Work Series. Basic terminology for beginner investors. This is common language that needs to be understood prior to putting money to work.
Money at Work Series. The Power or Compound Interest and the Rule of 72. Why it is important when looking at how we save money.
Money at Work Series. Wasteful spending, typical examples and why it is important. Small changes can take wasteful spending to investable money which over periods of time can have significant positive impacts on savings, retirement and asset accumulation
Money at Work Series. Quickly change your mindset about money. With one quick flip or inversion in the way you look at money, you adapt the mindset and psychology that creates financial success and wealth.
Money at Work Series. What’s Holding You Back? If you are not where you want to be, especially financially, it is most likely one or more of these common reasons.
Money at Work Series. Common Money Mistakes to Avoid. Avoid these common money mistakes to put you in a better position now and going forward.
Money at Work Series. Money rules of thumb and how the old rules have changed to new rules and how that affects the way we work, how we view savings, our perception of debt, investing time frames and how we diversify.
Money at Work Series. The American Dream is still alive but things have changed. Have you? What worked for our Grandparents and Great Grandparents will not work today. Environment has changed and our approach to that environment has to change as well.
Money at Work Series. The time has come to start thinking about your goals and plans for next year. Given what we’ve all gone through in 2020, we think planning ahead for 2021 is very important. Start with a basic checklist and prepare for success.
Money at Work Series. Steps you can start taking now to get your money right. Understanding what money is, Ditching the middle-class mindset, Getting rid of old information to make way for new, Diagnosing your money problems to be able to identify a cure, Stop listening to broke people, Learning how to invest in yourself and then others
Money at Work Series. Your greatest asset is your ability to earn more income and produce more cash flow. When you invest in yourself, you improve the odds of increasing your income as well as cash flow and that could have far bigger effects and impacts than what you could reasonably expect from investing in any particular asset class.
Money at Work Series. First, understand the inflation monster eats your money. It is a financial erosion, a slow and steady force that eats away at the value of your purchasing power. As more and more stimulus gets pumped into the economy, the bigger probability that inflation will be more of a factor going forward.
Money at Work Series. Banks are very good at building wealth…with your money. The banking industry has taught you to keep your money separated. What does that mean?
Money at Work Series. Are you ignoring a major financial risk to you and your family? Do you even know about it?
Money at Work Series. If you are going to make a long-term run at trading and turn it into a profitable venture you have to start with basics and then have a never-ending thirst for knowledge to grow your skill set. Here are 5 important lessons any new trader should learn.
Money at Work Series. Money and life advice we all need to hear. All these 5 lessons here are things that most people learn too late in life. The ability to learn these lessons and implement them in our life can have enormous positive ripple effects.
Money at Work Series. Different paths to a million dollars. To reach any goal and for that goal to be achievable, you have to believe in the possibility of that being a realistic and attainable goal. Easiest way is by doing the math to see what it will take to get you there on any given route.
Money at Work Series. Why your mortgage amortization schedule sucks and how to fight back. When was the last time you looked for the longest and most difficult route to your destination on the GPS? Never right? Why does your lender have your mortgage set up that way? To keep you confused and make the most money possible. Learn how to turn the tables in your favor.
Money at Work Series. Making money while you sleep. If you do not learn to make money while you sleep you will spend the rest of your life working for money and work until you die. Here are different ways to create income and make money while you sleep.
Money at Work Series. 3 possibilities and 3 things to consider along the way. You need a plan of action to hedge risks in your life, personally and financially. No plan of action is actually still a plan but a plan to fail.
Money at Work Series. A lesson in deferred compensation using the genius of a couple of baseball contracts to learn the value of deferred comp and guaranteed income. Bobby Bonilla and Bruce Sutter have not played for decades, but both still get paid. Why is that, how was it structured and how do we learn from their example.
Money at Work Series. Easy ways to save more for retirement. Saving for retirement can take sacrifice. It can be hard to take the long-term view and invest for something that’s 20 or 30 years down the line when you have situations and needs happening right now that need attention and resources. The good news is, there are some ways to easily increase the amount you are saving for the future without changing your lifestyle.
Money at Work Series. After years of low inflation readings well below 2%, expect to see higher inflation through the rest of the year possibly longer. Think of inflation as having to pay more for a show or concert because it was already sold out. Here are 3 assets classes to consider as a hedge against inflationary times.
Money at Work Series. 6 must answer retirement questions. There is nothing magic about it, as long as you have the answers to the following questions.
Money at Work Series. Higher Rates Will Pressure Bond Prices. Interest rates have an inverse relationship with bond prices. Even if you have not purchased a single bond for your portfolio, it’s still good to understand how they work and how their prices are calculated.
Money at Work Series. Should you care about Crypto? Even if you don’t currently invest, or if you have never traded or bought any Bitcoin, Ethereum, Litecoin, etc., in your life take the time to at least educate yourself on the cryptocurrencies and the possibilities of the blockchain each token represents.
Money at Work Series. Claiming Your Financial Independence Financial independence is all about being in control of the financial health and future of yourself and your family. The desire to free your family from the chains of the 9-5 workday, daily work commutes, and being subject to the ups and downs of the economy or employer.
Money at Work Series. Appreciating vs Cash Flow Assets What is the difference between appreciating assets and cash flow assets? Why is it important to understand the difference and a breakdown of 3 examples on how to turn appreciating assets into cash flow assets. Getting paid to hold assets is a key in building real wealth.
Money at Work Series. 3 People the Market Punishes Whether you are an investor, a trader or a speculator you are on borrowed time if you fall into one of these three types of people that the market has and will continue to punish going forward.
Money at Work Series. 7 Rules of the Bank and Why You Should Care. Banks and financial institutions tell us to do one thing but then operate in the opposite fashion. With that in mind, we should understand the rules of the bank in terms of how a bank operates and then mimic their actions in our own personal financial plan.
Money at Work Series. Introduction to Privatized Banking How is it possible to spend and earn a rate of return on the same money in two places at one time? The answer lies in learning privatized banking strategies to find the real power of your money for now as well as in the future. Unleash the power of your finances.
Money at Work Series. 7 Signs a Market Crash Might be Coming. To try and determiner whether the market is is about to crash, it’s important to pay attention to the warning signs that the market practically screams to investors who often fail to listen. But what exactly are those warning signs?
Money at Work Series. Common Money Mistakes All the time, people commit common money mistakes that are holding them back from achieving their desired life. Once we identify which of these common money mistakes we are making, then it’s time to work on correcting them so they no longer hold us back.
Money at Work Series. Asset Classes Both New and Old What are the some of the major asset classes? Here are the most common asset classes as well as the birth of a new one, potential returns and risks of holding an asset class at any given time or over the long run.
Money at Work Series. Identifying a Poverty Mindset Could what you believe about yourself impact your success or failure? Your mindset plays a significant role in determining achievement and success. Are you suffering from a poverty mentality? If so, it’s holding you back from living a full and happy life.
Money at Work Series. Breaking a Poverty Mindset Breaking poverty mindsets takes effort, focus, and a willingness to self-reflect. However, it’s entirely possible and it can produce fantastic results. Follow these steps to realign your attitude towards wealth.
Money at Work Series. Best Crypto Strategy Overview Similar to trading in equities and commodities, crypto has risks and pitfalls. What is the best strategy to trade on invest in crypto? Based on your risk tolerance and final goals of trading or investing, you can choose the strategy that fits the most.
Money at Work Series. Life Lessons They Didn’t Teach in School. The education system does a terrible job of preparing individuals in some very important areas of life. Being able to manage your personal finances is important to long-term success and it is essential to managing one’s everyday life.
Money at Work Series. Investor Reaction to Market Downturns is Important. Market corrections and downturns are inevitable, you cannot control that. As an investor you can control your reaction and that can make all the difference depending on what type of investor you are.
Money at Work Series. Bottom Line for Every Saver. If you want to keep your money liquid while also earning maximum returns at the same time (without having to take on more risk), start by understanding the bottom line for every saver
Money at Work Series. Questions Every Investor Must Answer. Preparation and execution are the keys to victory. What are the four questions every investor must face and answer in order to build, grow and preserve wealth both now and in the future.
Money at Work Series. Why Becoming Your Own Bank Really Works. Becoming your own banker may seem like a foreign concept, but if it is implemented correctly, you actually can recoup cash flow that would normally be lost forever and channel the force of compounding interest to work for you as your own bank
Money at Work Series. Cash Back to Help Fight Inflation. As inflation picks up and that hidden tax teats away at our purchasing power, one way to counteract or combat that pressure is by taking advantage of cash-back cards and rewards. What are they, how do they work and how to get the most of out the strategy
Money at Work Series. Supercharge Emergency Fund Savings. People get the impression that in order to have safer money, they have to exchange that for little to no growth. That’s not the case and sacrificing interest on something like emergency fund savings over a long period of time really add up, and not in your favor.
Money at Work Series. What to Know About Bear Markets Markets are always in a tug of war. Sometimes financial markets need to reset from bull markets or new highs. Here’s what you need to know about bear, or down, markets.
Money at Work Series. Benefits of Being Your Own Bank. Ever needed a loan? Wouldn’t be nice to just lend yourself the money and cut the bank out of the equation? It can be possible when you become your own bank. In this video, learn more about the benefits of becoming your own bank.
Money at Work Series. 7 Incomes of Millionaires. According to a study by the IRS, there are seven common types of income millionaires have. Discovering all seven in this video. What are these cash flow and income streams and why are they important in the journey to creating and preserving wealth?
Money at Work Series. 4 Tips for Bear Markets. During a bear market, it’s generally red as far as the eye can see. However, don’t be scared of a bear market. Tips for how to make the most of investing during these uncertain and volatile markets.