Making the right decisions about investments can be life changing. But investing requires a great deal of thought and planning. The biggest issue you’ll face as an investor is the amount of investing risk you’re willing to take. Why Risk Assessment Is So Important Every investment- from owning stock in a startup tech company to […]
Your credit score has a huge impact on your personal and professional life. This rating of our financial trustworthiness is used to determine the interest rate you pay on debt, the dollar amount you can borrow- and, in some cases, whether or not you’re able to get a specific type of job. There are a […]
There are hundreds of ways to make money today by leveraging technology Tech advances, such as the Internet, cloud computing and mobile phone apps, now make it easier than ever to work remotely, as a freelancer, or to start you own business. These new choices make it possible for motivated people to take control of […]
Many people dream of going freelance, but are reluctant to take the plunge. Being employed is generally more predictable, because you get paid on a set pay schedule and you may be entitled vacation pay and benefits. On the other hand, working as a freelancer offers more risk and higher potential rewards. While you don’t […]
Insurance is the most important product you buy. And you hope that you never have to use it. If you do have an insurance claim for a car accident, health issue, or for damage to your home, you’re under a great deal of stress. Each of these situations can generate a huge expense, and you […]
“If you don’t know where you’re going, any road will take you there.” This quote from author Lewis Carroll describes how many people approach the need to develop a passive income. Passive income refers to an income producing strategy that doesn’t require day-to-day management by the investor. Finding an effective passive income strategy is hugely […]
You can make money online in strange ways- as long as you can solve a customer problem. Here’s an example: Wash. It. Later. sells a water-tight bag for soaking soiled baby clothes before they stain. It looks like a shopping bag from a high-end store, because the packaging is an attractive black and white stripped design. […]
“Your Ivy League Future” I glanced at the sign on the conference room door and thought: wow- that sounds pretty good. I’d like to be attending that meeting… We all have aspirations.
Do the hustle. So, you’re interested in a second source of income- a “side hustle” to use the parlance of our times. Be careful, because you’re time is limited, and you don’t want to waste time and effort on a venture that won’t work. Here’s my answer for developing a second source of income.
Embrace the suck. The phrase is one of several lessons learned by a West Point grad, and this saying relates directly to investing in your early 20s. Acknowledge that investing successfully is hard, because it takes self-discipline and delayed gratification. Those two concepts don’t sound any fun. But, as the writer says, we should […]