Is your income at risk? 3 reasons why you should diversify....

Nov 18, 2016 by

Is it time to start a side hustle?   With the recent presidential election, there is a lot of uncertainty on which direction our economy will go.  If the market takes a turn for the worse, could you survive?  How long could you make it without your primary source of income? These are important question to ask yourself, because if the answer is no, you are essentially living will all of your eggs (income) in one basket.  Every finance expert known is adamant about having a diverse set of assets when it comes to investing.  Shouldn’t we also have a diverse set of income streams? I recently came across an article that discusses this very topic.  The article I read was written by Pauline Paquin, an expert finance blogger at Investment Zen, and posted...

read more

5 Quick Home Buying Tips

Nov 4, 2016 by

Are you ready to buy a home?   Buying a home is a tremendous life milestone. We all have our own vision of our dream house and neighborhood, but before we can make it a reality we need to make sure we are ready. Although buying a house is something to be excited about, you want to ensure you are buying a house for the correct reasons.  An article I recently read discusses a number of personal checks you go through when you decide its time to purchase a house. The article I read was written by Emmie Martin, a finance writer, and posted on Business Insider. In her article, Martin discusses 11 signs that you are not ready to purchase a home.  Of these, I believe 5 are especially critical. Poor Credit If you...

read more

Live like a Billionaire

Oct 26, 2016 by

What’s the secret to feeling as happy as a billionaire?   It seems like most people want to have more money to live a luxurious life.  However, is more money the answer to living a better life?  Who better to ask than a group of the world’s most wealthy and successful business people?  I recently read an article that does just this by pulling quotes of financial advice from some of the best financial minds. The article I read was written by Rose Leadem, and posted on Business Insider. In her article, Leadem compiled a list of inspirational and helpful quotes from some of our century’s best.  After reading through a couple of the quotes, a common theme can be seen in their advice.  Many of the billionaires advice revolves around the importance of...

read more

Millennials Doomed from Financial Crisis?...

Oct 17, 2016 by

Are Millennials doomed by growing up during the financial crisis? Everyone has felt the impact of the most recent financial crisis, but have the Millennials been effected the most of all?  In a few years Millennials will be the leaders of the world. How will the financial crisis impact our future?  I came across a thoughtful article that addresses this exact question. The article in question was written by Alexander Morrell, and posted on the Business Insider.  In his article, Alexander Morrell first discusses the reasons why Millennials have an aversion to Investing.  The reasoning makes perfect sense when you think about it.  The Millennials may not have been working during the financial crisis, but they did see their parents go through the struggle. In my opinion, that can be even more traumatic than if...

read more

The Magic of a Side Hustle

Oct 11, 2016 by

Side Hustle: the secret to financial freedom? Have you thought about starting a side hustle? Have you wanted to, but been discouraged thinking it would be too complicated? I found an insightful article that sheds some light into why a side hustle can be so great, and provides some tips on how we can get started. The article in question was written by Mr. Panther, and posted on the Financial Panther blog.  In his article, he first debunks the myth that having a side hustle is reserved for the high tech entrepreneurs.  He gives numerous examples of side hustles that we all can do such as Airbnb, dog walking, and selling things around the house. The article then goes to discuss just how powerful having additional income can be. By investing just $100 per month of...

read more

Get out of debt, Fast!

Oct 6, 2016 by

What is the secret to getting out of debt quickly?   Do you ever have the feeling of being overwhelmed by debt?  It seems every time we turn on the news, there is a story about a millennial who is graduating college buried in thousands of dollars in student loans.  How are we to survive!? In my pursuit of becoming a personal finance guru, I came across a helpful and inspiring article.  This post gives tips on how normal people like us can get out of debt, and reach our financial goals. The insightful article was written by Bobby Hoyt, and posted on Business Insider.  Bobby Hoyt is a personal finance blogger at Millennial Money Man, and has first hand experience in getting out of debt.  In his article Hoyt not only shares his amazing loan story, but also discusses the factors that...

read more