Resources
Wealthy vs Poor Thinking: 7 Mindsets of the Super Wealthy
Most people believe that the rich have secrets to wealth that will not ever be shared with the peasants of the world. The truth is, the rich do have secrets. But they are probably not what you would expect. A simple shift in mindset can put you on the path to becoming...
China Won Big over the Last Two Decades
As the 2016 U.S. presidential election approaches, America's middle class is concerned - about jobs, earning potential, and their financial future in the U.S. economy in general. At the same time, China's middle class is booming while the middle class in the U.S. and...
Six Ways to Financially Support Your Family After Death
Death is not a fun topic to throw around when speaking to your family. While living, you take care of your family's financial needs, but what happens after death? It is important to be prepared for the inevitable and make sure that a plan is in place to take care of...
Puerto Rico Debt Crisis – How Bad Is It?
According to an article published by the Cable, Puerto Rico is nearing the Brink of Bankruptcy, the Puerto Rico commonwealth has $72B in debt, some of which it claims it can no longer service, and therefore will default as early as May 2, 2016. The Island government...
Five Ways to Make Sure You Don’t Outlive Your Retirement Account
Concerned about running out of money during your retirement years? You're not the only one. When the Transamerica Center for Retirement Studies conducted an in-depth survey for 2016 about retirement plans and expectations, 44 percent of workers from their 20s to their...
Avoiding a Tax Audit: 15 Red Flags to Avoid
There may be 50 ways to leave your lover, but there are dozens of ways to gain the unwelcome attention of the IRS. The IRS conducts thousands of audits every year; from this, it develops an understanding of which taxpayer characteristics are likely to put more money...
Is the Market Defying Gravity? The Odds are Rising for a Return of Stagflation
Stagflation is a financial market phenomenon in which the inflation rate is high, the economic growth rate slows, and unemployment remains steadily high. Since 2008, the U.S. financial market has traded with a haunting fear of a return to much higher levels of...
The 8th Wonder of the World: Compound Interest
Compound interest is the eighth wonder of the world. He who understands it, earn it. He who doesn't, pay it. Albert Einstein The Eighth Wonder of the World can help you with your retirement income. Investing your money now is the smartest decision you will make. How...
Part 2 – Credit Scores 101: What Determines Your Score and How to Keep It High
In a previous post, we explained what a credit score is and why it is important. Now, our series on Credit Scores 101 continues, digging deeper into the topic. This time around, we're covering what factors go into determining your credit score and what you can do to...
Part 1 – Credit Scores 101: What It Is and Why It Matters
If we told you a number between 300 and 850 could save you thousands of dollars, would that grab your attention and get you interested in learning more? Then pay attention because that aforementioned number is your credit score, and this post, Credit Scores 101, will...