Resources
How to Build Wealth, Retire in Peace, and Pay Zero Taxes for the Rest of Your Life
What if you were to gather a group of working-class Americans from different backgrounds and do a focus group on retirement planning? Chances are that most wouldn't have a clue what their current financial position is, let alone have a retirement plan. Lack of a...
The Problem With Social Security
Trust Math, Not Magic The best financial strategy is one that makes just as much sense as it does money. The closer you get to your goals, the more you should feel confident and secure. You don't need to understand every piece of financial minutia, but you do need to...
The Dangers of “The Government Plan”
If you haven't realized that tax will always increase, let this serve as a wake-up call to that reality. It has been quite clear least for the past 20 years that the day of reckoning is upon us, which is purely based on arithmetic and not a prediction. A huge cash...
Save Now or Forever Lose Your Interest
It sounds harsh when you read articles that tell you to save now or you're bound to lose out on some arbitrary but massive amount of money. The reality is, putting off a savings plan for any amount of time is harsh. So, why do so many people choose not to save early...
Four Major Red Flags That Can Trigger an IRS Audit
The chance of the IRS auditing your returns is slim. A recent Treasury Department Report shows that IRS only audited 0.45% of individual returns in the 2019 fiscal year. Almost half of these returns are for filers that claimed the Earned Income Tax Credit. According...
4 Daily Money Mistakes Drowning Your Finances
Habitual money mistakes that may seem trivial right now can blow up your finances down the line. Among other daily mistakes like impulse buying, here are three of the most common money mistakes people make. Leaving no room for comfort spending While saving money is a...
The Prosperity Model: Climbing Your Way to the Top
Many people are struggling financially in America, yet a select few are doing incredibly well. You can learn their secrets if you listen to them: The rich get richer because they make their money work for them. Too often, the poor get poorer because they don't...
Why Is It So Hard to Stick to a Budget?
Creating and sticking to a budget is hard. There are lots of quick tricks and tips that people use to get a hold of their finances, like no spending challenges or ripping up credit cards and only using cash, but without developing a sound framework, these tricks...
Four Reasons For Your Money Worries
A life of financial freedom is the ultimate dream, at least for most of us. It is thus no surprise that you have worked hard in school and managed to acquire that well-paying job with all the benefits, hoping that it will set you on a path to financial freedom. Still,...
The Six Golden Rules to Get Rich No Matter Your Salary, According to a Millionaire
Dollar bills in a jar.Many of us want to be millionaires. According to Phillip J. Müller, the journey to becoming a millionaire and having absolute financial freedom is all about having the right mentality. He also puts it clear that financial freedom is all about...