If you’re in business, your main challenges will include increased risk, rising costs, globalization, innovation, diversity, and complexity. While adopting the right technology will help you process the increasing amount of information, your small to medium-sized business will benefit by following the lead of big business practices that have developed strategic thinking and problem-solving solutions. […]
Read More >>Here’s How Much Money the 10 Biggest Banks in the US Make
A while back I saw a graphic in an article showing what industries made up what percentage of all corporate profits. Banks and financial institutions made up a huge percentage of overall profits. To some this is a surprise, to others it’s all too predictable. A lot of people complain about how much the big […]
Read More >>15 Hobbies and Interests That Can Be Profitable Side Hustles
What if I told you that you can earn extra money from the hobbies you already enjoy? Earning money on the side not only helps you reach your financial goals faster, but it can be a way to perfect skills or crafts you enjoy doing. The truth is, the more you enjoy doing a side […]
Read More >>7 Moves to Make Today to Automatically Build Wealth
At it’s core, building wealth is simple. All you need to do to build wealth is increase your assets and lower your liabilities. Leveraging the power of compound interest anyone can become a millionaire for seemingly minimal cost (Erin shared how $5,000 can turn into $1,000,000 for retirement). In practice it can be difficult. Debt […]
Read More >>Room Remodel: Will Updating Fixtures Lower Insurance Costs?
You love your home, taking delight in its coziness and charm. Sure, it’s starting to show its age here and there, but it still has a lot of life left to give. That turn-of-the-century plumbing that gurgles in the night… it’s like a free white noise machine, right? And that electrical system that occasionally flickers […]
Read More >>Should You Start Your Own Business?
Did the economy really recover after the financial crisis as the press has been claiming in recent years? If you remember, the financial crisis that occurred in 2007-2008 was not just a national crisis but an international one. In retrospect, it could very well have been the worst financial crisis since the 1930s when people […]
Read More >>I Invested in a Poker Player – Here’s What Happened
To many people this may sound crazy, but I recently invested in a poker player for the first time. Investing or “backing” poker players has become more popular in recent times with entire websites dedicated to brokering these transactions. But perhaps I should take a step back and explain why anyone would want to invest […]
Read More >>10 Tips for Balancing Your Side Hustle With a Full-Time Job
Side hustles, or ways of making extra money outside of your full-time job, can drastically improve our financial situations. By creating an extra source of income, you can pay off debt and save more money faster than you could without a side hustle. That being said, side hustles aren’t without trade-offs. Perhaps the biggest trade-off […]
Read More >>The Ultimate List of Tax-Advantaged Accounts
There are some personal finance topics that get a lot of focus. Budgeting, tracking your spending, and paying down debt are a few of them. And then there is tax hacking. Let me be clear: I am not advocating doing anything illegal. Tax hacking is simply leveraging the tax code to your advantage. Tax hacking […]
Read More >>Elderly, Environment, and Efficiency
The elderly are taking over the world. That is, more of the world’s population is age 65 or older than ever before, and this increase is only going to double by the year 2050. At the midpoint of this century, it’s projected senior citizens will be 17% of the total global population, up from 8.5% […]
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