There are quite a few things that you can do in order to build up your credit score. This is an essential part of life as your credit score has a direct effect on your ability to buy a home or finance a car. One of the smartest things that you can do is try a credit building app so you can learn how to increase your FICO score. You also want to look over your credit reports and see if there are … [Read more...]

There is a mindset shift that you can implement that can change everything for your life. The formula to use is known as Be Do Have. When it comes to the be part, it's important to define what your goal is. When it comes to the do part, that simply involves you changing your actions. You're basically working towards those goals. Finally, the have aspect comes when you reach the top of the mountain … [Read more...]

When it comes to the real estate market, there is a question going around if it can continue to go up and become more valuable for sellers. When it comes to the affordability of a home, it ultimately breaks down into three components which are the price of the home, wages earned by the buyer and mortgage rates. Mortgage rates have dropped from 6% to 4%. Finally, make sure to look into foreclosures … [Read more...]

High school students can set themselves up for financial independence by taking the right classes. Many schools offer elective classes in personal finance. Others offer accounting classes which can teach kids about projected revenue and expenses. Computer applications courses can teach teens how to use spreadsheets, as well as Word, PowerPoint and Google suite. It is also beneficial to take a … [Read more...]

There are many different smart ways to outscore your liability. When it comes to health insurance it's important to put money away in a health savings account and you also should use your employer's coverage if possible. When it comes to your auto insurance you want to make sure that you aren't cutting corners and under-insuring your vehicle. You also want to know your umbrella policy coverage. … [Read more...]

There are many different reasons why you should invest in real estate over index funds. Real estate is one of the biggest wealth generators in the world as 90% of current millionaires have obtained their wealth primarily through investing in real estate. When we look at the price of homes, the media price of a home in 1970 was just $23,000. Fast forward to the end of 2021 and the media price for a … [Read more...]

There are many different financial moves that you can make after you have maxed out your employer sponsored 401 K plan. One of the best things that you can do during this time period if simply pay off your debt that has the highest interest rate on it. You also could open up an IRA account in order to continue to plan for your retirement. Finally, you could always invest in different … [Read more...]

There are quite a few different banking alternatives that you can use in order to save more money or make more in interest. Neobank is an online only bank that allows for a much lower overhead. They have a much lower annual percentage yield than traditional banks as well. You also could use an online investment app such as Robinhood which has a very low APY of .30%. Finally, you can invest in … [Read more...]

Hustle Culture is the current culture of us working as hard as possible with little to no free time. Because hard work means good outcomes. If you can handle it, yes, you can make money from putting all the hard work in, but where is your free time. You can still be wealthy and have free time. We have this mindset that we have to work 40 plus hours a week to become right and wealthy. Key … [Read more...]

A growth mindset is something that everyone should trying to do. When you have a good growth mindset, you see negative experience as a learning experience to better yourself. Just having that thought process will make your life a lot easier and less stressful. When you start accepting your failures, you allow yourself to grow into a better person. You can even use the experiences that you learned … [Read more...]