Over the past few years, I have had a revelation about the power of the side hustle. Some people start a side hustle because they want to start a business, but can’t afford to leave their day job. Others start a side hustle because they want to increase their income with no intention of leaving […]
Archive | 2018
Making Saving Money a Family Affair
Kids learn about money from a young age mostly by watching how their parents interact with money. It’s crucial that married couples are on the same page with regard to finances, as this will allow them to mutually reach their financial goals quicker. And for those with kid, they are watching you and listening to […]
A Tactic to Fast Track To Your Savings Goals
When you find yourself with extra income or financial wins, do you save or do you “reward yourselfâ€? Depending on where you are in your budget, perhaps more money means you make your budget. Hopefully, more money means you can accelerate your savings. As a part of the America Saves Week campaign, I want to […]
Retirement Planning Strategies – Nest Egg Versus Residual Income
In my first America Saves Week post, I shared some alarming statistics about retirement. Most concerning regarding retirement is that 45% of working of age households have no retirement account assets. In the perfect world, we would all be educated on retirement from a young age, and we would also never foolishly deplete our retirement […]
Do You Have a Rainy Day Fund?
Your first thought might be, “what is a rainy day fund?†When I first heard the term that was my thought. In fact, I thought it was another word for an emergency fund. Some people do use the term synonymously with an emergency fund, but technically there is a difference. An emergency fund is ideally […]
Automatic Savings – The Best Way to Reach Your Savings Goals
Last October I attended a conference for those who work in the field of personal finance, called FinCon. At this amazing event, I got to meet New York Times best selling author David Bach who was one of the keynote speakers. I was also fortunate to get a signed copy of his book titled, The […]
The Five Most Alarming Personal Finance Statistics in America
I am going to share with you what I believe are some very alarming financial statistics. Perhaps you will look at them in gratitude, knowing that you are in good financial shape. If not, hopefully they will serve as motivation to take the steps necessary to reposition yourself financially. Take a look at these numbers, […]
The List of Side Hustles I Have Had Over The Past 20 Years
I’ve been an entrepreneur for most of my life. I have successfully built traditional businesses, but as I looked back over my entrepreneurial journey, I realized that I had an affinity towards side hustles. Today, I am a big proponent of the side hustle as it is a great way to grow a business with […]