I read an article a while back that did a psychological profiled middle income Americans and wealthy Americans. The goal of the study was to find out the why. Why are some people stuck in the middle class? Why is it that some people are content with mediocrity? The one thing that this study had found is that people with money believed that you do not need money…
6 Financial Habits Young Professionals Should Have
by / ⠀Entrepreneurship• Personal Finance / November 3, 20131) Knowing where your money is going. You’re part of a tech-savvy generation. If you aren’t tracking your spending online yet, you should be. Websites like Mint, You Need a Budget, or Manilla can serve as a starting point for not only tracking your spending, but setting parameters around it as well. Gone are the days of writing things down. Get synced in to receive automatic alerts when…
Why Aren’t Millennial’s Pulling The Trigger on a New Home?
by / ⠀Entrepreneurship• Personal Finance / October 28, 2013I still get the terms confused all the time…young adults are labeled as “Millennial’s”, “Generation Y”, “Boomerang kids” – all to describe Americans currently aged 18-35. Life was much easier for me as I grew up in the “Generation X” era. We only had one label similar to baby boomers. I still don’t know why this group has so many different labels? What I do know is that…
If there’s one thing all humans are bad at, it’s money management. If we were as good at budgeting and investing as we were at gossip, the financial problems of the world would be extremely low. We don’t have that luxury, however. What we do have is a brain. In that brain, we can learn new things, get in good habits, and even teach other people the…
Millennials are generally described as those born between 1982 and 2002. These are people who have grown up with technology. They have information at their fingertips 24 hours a day. No previous generation has had easier access to financial planning tools to help them plan their future. There is a downside to being a part of the Millennial Generation as well. Though much-needed information is available, this…
When it comes to creating financial stability for later in life, the earlier you start the better off you should be. There are numerous money saving techniques that you should consider before you hit 30, if you want to have the comfortable retirement most people dream of. This includes going through your finances with a fine-toothed comb to figure out what can be cut out of your current…
Education is good. It is good in a different way and for different purposes than you might have thought. College is necessary. It is needed for the advancement of technology, humanity, and to make sure we live like humans. There is no better indicator of societal advancement than the level of education the masses receive. The conventional wisdom that investing in a college education is the best way…
Travel the World for Cheap as a Non-Tourist
by / ⠀Entrepreneurship• Personal Finance• Travel / October 7, 2013Whenever I do anything, I usually try to make it epic, especially with traveling. I am very fortunate to be under 30 years young and have been to over 30 countries. The type of business I have had for the past 2 years has financially supported my annual international trips and has allowed me to come back and start working it again. I came up with the idea…
Being a recent college graduate, or young person in the business world often means being buried in debt. Student loans, credit card bills, and medical bills can really add up. Unfortunately you can’t wave a magic wand and make all of your bills disappear, but by following these few simple steps, you can at least get your medical bills under control. Negotiate Everything Your first step to paying…
Financial Management: 7 Tips for a Newly Hired Worker
by / ⠀Entrepreneurship• Personal Finance / October 3, 2013Getting hired for a new job is really exciting and definitely a testament to your continued progress in life. But don’t let that success go to your head. There are some things everyone should do when hired for a new position. Here are a few of them. Set Up a Budget A new job means new income, and chances are that cash flow will be different from your…
