I first saw this post on Free Money Finance together with an interesting piece of information: the median American net worth is not even $69,000, down for the past few years due to the loss in house equity mainly. Most of this relative wealth is kept in the form of retirement accounts, real estate, and… Read more
Viewing posts tagged with: net worth
How I built wealth faster
I was talking to a friend recently, about how having kids made him a better worker. He wanted to give his kids the best, and whatever happened, he needed to feed two more mouths each day. He said he had never been making so much money because finding money to cover food, clothing and schooling… Read more
Financial goals 2014 in review
Happy New Year! I hope everyone had a good break and may 2015 be full of happiness, laughter, health and wealth. I spent the past few days crunching numbers and reviewing goals, before thinking about the year ahead, and here are the final results of 2014’s goals.
A Simple Guide to Your First Investment
Whether you’re just out of university and looking to start making money, or you’ve got a few years of work under your belt but your salary just isn’t affording you the lifestyle that you’d like, learning to invest your money could help you to achieve more of those luxuries that you currently have to avoid… Read more
Financial goals for 2014
Good morning! Over at Make Money Your Way I lists down some tips on how to make money with New Year resolutions. Click here to read more… Last year, I set a number of financial goals and updated every couple of months. It is that time of year again, so without further ado, those are my… Read more
Deciding the best moves for your dollar
There’s a lot of financial advice floating around – some good, some bad. And if you’re not a financial guru, knowing the right direction can be challenging. Fortunately, there are often multiple ways to achieve the same goal. You may receive advice from different directions, but at the end of the day you have… Read more
Building Wealth While Building Muscle
The following is a guest post from Martin of Studenomics, where he helps you have some fun while saving a buck or two. Please contact me if you would like to guest post on RFI. I will be over at Make Money Your Way talking about how to make money with your garden. We… Read more
Refinancing might not solve your problems
Refinancing the mortgage on your home may seem like a helpful solution to managing your debt, but it is a rather complex and costly process. Only certain financial circumstances are likely to improve from refinancing, so you need to make sure you fit the bill before going ahead with this serious decision. In many cases,… Read more
Choosing your investment strategy
Knowing where to begin when you start investing can be confusing. There are lots of ways to get started, whether you decide to pick the stocks yourself or to go with a company’s managed funds. Here is a description of the most common ways of investing. Index funds Index funds are an easy way… Read more
Cattle investment part III: they are all gone!
This is the third post about how I invested in cattle, this time a lighter read with pictures of how the last sale went, if you want to check what breeding cattle is about and the numbers of the past September sale, you can refer to those two posts. It is a bittersweet… Read more