Investing is the single most effective way to get rich. By opening an investment account, you have access to the biggest money-making vehicle in the history of the world: the stock market. But a lot of you believe you have to do some complex, fancy work to invest… or that you have to have a lot of money to make the most of investing. This is not true:You don’t have to be
It seems that every time you check your mail these days you find, yet another, offer to receive $500 if you set up a checking account with XXX bank, right? You may be completely satisfied with your current banking situation but that $500 is really appealing. Depending on your unique financial situation, it might not be a bad idea to change banks, but it also might cost you more in
Whether you’re getting married, moving in together, or just getting serious about money, it’s always a good time to start discussing finances with your significant other. But how do you talk to your partner about money? For many, this is scary or awkward, but don’t worry. As the blog of one of the leading personal finance experts, we’ve put together a guide with some word-for-word phrases to use, along with all the
Finding the right savings account can get you an extra $200 for free this year.Depending on your balance, it could make you a lot more money.Let’s say you have $10,000 to put into one of the best online savings account.How much would that turn into at a big bank savings account? Most big banks have an APY (annual percentage yield) of 0.15% or less. After a year, your account would
Knowing how to invest in stocks is an important step you can take to achieve financial freedom. It’s a statement backed by TONS of research.The best way to invest in stocks is through index funds. I am not the only one saying that. It’s also recommended by billionaire investors:Successfully choosing individual stocks is difficult. Even people who have studied them for all their lives find it tough and can’t beat
Getting into college is by no means an easy feat. From the lengthy application process to entrance exams, it can be rough. Then there’s actually paying for college which, at times, can seem impossible. But I’m here to tell you how to get college scholarships and it’s not nearly as difficult as you might think. In fact, literally billions of dollars in scholarships go unpaid every year simply because no one
Part of my rich life is buying as much coffee as I want. I never sweat small purchases like that.A car, however, is one of the biggest personal expenses that I’ll ever make.I’m actually thinking of buying a new car myself right now. Sweating the details and purchasing a car will save me thousands of dollars. That’s a lot of lattes.Not to mention the impact that a car has on
An individual retirement account (IRA) is an investment account that gives you amazing tax advantages for retirement savings.The two common types:Currently, there’s a yearly maximum investment of $6,000 to both accounts ($7,000 if you’re more than 50 years old). A Roth IRA currently has an income limit of $135,000 for single tax filers and $199,000 for joint-filing married couples. A traditional IRA has no such limits.However, these limits change often,
What if you could:That’s what one of my Earnable students, Julia Menez, has been able to do as she’s transitioned from a job as an actuary to running her own travel business, Geobreeze Travel.I’m excited to share her story with you. First, I want to show you three ways that owning her own business has allowed Julia to live her Rich Life. A free trip to Richard Branson’s private islandJulia’s trip
What if you could:That’s what one of my Earnable students, Julia Menez, has been able to do as she’s transitioned from a job as an actuary to running her own travel business, Geobreeze Travel.I’m excited to share her story with you. First, I want to show you three ways that owning her own business has allowed Julia to live her Rich Life. A free trip to Richard Branson’s private islandJulia’s trip
