What is passive income? Passive income, in essence, is money earned with minimal effort. Rather than relying solely on active income from a 9-to-5 job, you can generate passive income through various side hustles, businesses, and investments requiring less day-to-day involvement. Simply put, ...
Are you secretly keeping up with the Joneses?! You’ve probably heard the phrase “keeping up with the Joneses.” It means trying to match or outdo your neighbors, the Joneses, in terms of possessions, lifestyle, or social status to show that you’re just as successful as ...
How to be accountable with your money… Personal accountability can make a huge difference when you’re trying to be better with money, and this applies whether you need to improve your budget or become a better saver. But although so much goes into this, the most important way to hold ...
How to Avoid Bad Money Advice (biggest red flags) Most people wouldn’t offer a friend plumbing advice if they’re not a plumber, and we wouldn’t offer mechanic advice if we don’t know much about cars. But when it comes to money, some people have NO PROBLEM giving their two ...
How to trick yourself to save money? Mastering the art of saving money is crucial to financial stability. But, of course, saving money is much easier said than done. And sometimes, you might have to use a little trickery or mental training to get ahead. So whether you have a problem with ...
How do you decide if a purchase is worth it?! With so many shopping temptations and constant ads, it can be tricky to figure out the right time to buy something. Shopping isn’t just about spending money – it often involves our emotions, impulses, and desires. From the joy of retail ...
How to celebrate the small wins as you work toward bigger goals. When striving to achieve our goals, it’s easy to become fixated on the grand vision – the finish line and ultimate accomplishment. However, if we focus solely on the end result, we may inadvertently overlook the ...
How to avoid peer pressure to spend money? Peer pressure, often associated with middle and high school years, doesn’t miraculously vanish once we reach adulthood. Instead, it can transform into a financial challenge that affects our financial stability, relationships, and overall ...
How to finance a car the smart way (what NOT to do)! Three years ago I bought a car. After taking it for a spin and deciding it was the one, the salesperson immediately asked, “How much can you pay each month?” At first glance, this might seem like a fair question, as most people ...
“I can’t afford to live below my means…now what?!“ Just four short years ago, brand new single-family homes in my neighborhood (about 2,500 to 3,000 sq. ft) sold for around $400,000. Today, new houses of the same size are hitting the market for $600,000 to $700,000. But ...