Imagine if you could lie on the beach knowing that more money than you need is being poured in your bank account every single day? Wouldn’t that be awesome? Don’t get too excited though. In this article, I’m going to tell you why I believe you should stop trying to make passive income. You might …
Category «Finance»
4 Essential Questions to Answer Before Quitting Your Job and Starting a Business
Are you excited about starting a business? Well, you shouldn’t be! Did you know that 95% of businesses fail within the first 5 years? You’re almost guaranteed to fail, and how horrible would that be? You’ll put in thousands of hours trying to build your business while your friends get promoted and move into bigger …
4 Disempowering Beliefs About Money That Keep You Poor
Rich people are… What’s the first word that comes to your mind? Dishonest? Greedy? Lucky? Awesome? Our relationship with money will greatly determine the amount we earn throughout our lives. While there is nothing wrong with being poor (it doesn’t make someone a bad person or mean that they’re a failure), living in poverty …
How to Escape the Rat Race and Live the Life you Want
Are you sick of working? Do you wish you could escape the rat race, quit your 9-5 job, and spend the rest of your life doing what you really love? If so, I might have something for you. It’s astonishing how easy it is to get stuck in what, for most of us, seems to …
Myth #3 Mutual Funds – Are You Investing Your Money Wisely?
The goal of the nonprofessional should not be to pick winners – neither he nor his « helpers » can do that – but should rather be to own a cross section of businesses that in aggregate are bound to do well. A low-cost S&P 500 index fund will achieve this goal. – Warren Buffet, 2013 letter …