Category: Invest

401k good investment 0

401 K : What are the advantages of a 401K investment?

Do you know why some love 401K investments? 401 K is an excellent investment for a lot of people especially high earning individuals.  You can save 1/3rd of the $18K in taxes assuming you are in 30% tax bracket. You save $6K right away.  If you have an employer match, you will save that additional amount. If recession hits at the time of your retirement, your money is exposed to that market, but its the...

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The Best Financial Advices I received to save money and increase wealth

Do you want to become wealthy? Do you like saving money easily?  I collected some tips which can help us do better financially. I believe that you can be richer than those who earn more than you if you handle finances well. Here are some of the tips that can help beginners to start thinking of ways to begin the journey of becoming wealthy.  Never buy Whole or Universal Life Insurance. Always buy Term Life...

become rich millionaire 0

How to be richer with millions better than those who are earning more than you?

Do you want to be rich one day? Who does not want to be?  What is the only way to be rich? Earn more, Save more and Invest more. How you do this and which of these you do more depends on you. If you are a high earner, focus on earning more. Cut down costs. Don’t make others millionaires by spending most of your money.   Learn about personal finance and know how to...

the simple path to wealth 0

The Simple Path To Wealth Personal Finance Book Review

Do you want to become wealthy? I know you are thinking that the path is probably tough and complicated. What if I tell you that there is a book that makes it easy to understand how to become wealthy? The Simple Path to Wealth by J.L. Collins is a great introduction to money management and financial independence. It covers debt, savings, investing, and strategies for retirement in a way that’s clear and easy to understand....

facebook groups for personal finances 0

Facebook Groups To Discuss About Money, Saving, Investing, Stocks and Passive Income

What are good Facebook groups to join where discussion about saving, investing and earning passive income are discussed? Money is a tool to do what ever you want to do. It is not the only important thing in life. But, it is a very important part of our lives. Money keeps moving from one person to an other and from one form to an other. Today it may be money in our bank but tomorrow,...

Your money or your life book review 0

Your Money or Your Life? Book Review

The alarm goes off in the morning. Wake up. Check your Facebook feed. Shower. Dress up yourself and kids. Breakfast. Send the kids to school. Hop in the car. Get stuck in the traffic. Listen to people yelling on the radio. Work from 9 AM to 5 PM. Always agree with the boss. Deal with the endless stream of emails. Act or be busy. Smile gratefully when you are handed impossible deadlines. Act happy. Be...

RICH DAD POOR DAD 0

Rich Dad Poor Dad Personal Finance Book Review

Rich Dad Poor Dad is the story of Robert Kiyosaki. He had two dads in his life [one is real and the other is his friend’s]. One had a .Ph.D. while the other had only finished 8th grade. Poor Dad always struggled with his finances while Rich Dad was on his way to becoming one of the wealthiest men in Hawaii. Kiyosaki started to notice fundamental differences in the way rich dad and poor dad...

the millionaire next door 0

The Millionaire Next Door Personal Finance Book Review

How to become a millionaire? “The Millionaire Next Door” is one of my favorite books. It taught me that making a lot of money is not always about spending a lot of money and that no matter what your income is, you should always live below your means.  For example, if you observe the streets early in the morning, you will always find this one paradox: the only people who jog arethose who don’t need...

Think and Grow Rich by Napolean Hill 0

Think and Grow Rich by Napolean Hill Personal Finance Book Review

Think & Grow Rich needs no introduction. It is basically the pillar on which all other business books were built. While the book is about increasing your income and becoming wealthy, the author insists that the philosophy taught in the book can help people succeed in any part of their life, and to do, have or be anything they want. Its principles are timeless and can be applied by everyone at any age. The book...

529 the best plan kids future education 0

How to open the best 529 account?

Ultimate Guide On Opening A 529 Account One day, I was sitting in the office and relaxing. My colleague was sitting by my side and he asked me “Do you have 529 account for your kids education?” When I asked him why he asked about it then he said “It is a lot of money I am spending money now that my kids started going to college”. I understood that he is feeling the pressure...