Learn more about moneyandinvestments with this collection
How to prioritize self-care in the workplace
How to adapt to new work arrangements
How to maintain work-life balance
Invest
Compounding returns that come with investing are necessary to build substantial wealth over time.
285
1.03K reads
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Protect Your Assets with Insurance
The right insurance coverage can reduce your financial risk that might go toward replacing losses. For instance, homeowners insurance, health insurance, disability insurance, car insurance.
268
967 reads
Earn More Money
Building wealth is about cutting costs as well as looking for ways to earn more money.
- If you work for a company, make yourself valuable so you’re eligible for raises and promotions.
- Alternatively, look for a new job that pays more and recognizes your worth.
- Start a bus...
331
980 reads
Create an Emergency Fund
Create an emergency fund to avoid the need to turn to debt.
Think about what makes sense for your financial situation.
271
767 reads
Spend Wisely
Learn how to spend on the things that matter to you.
Consider your values and priorities when you draw up your spending plan. If going on vacation or giving to a charity is important to you, include those items in your spending plan.
284
768 reads
Pay Off High-Interest Debt
Pay down your high-interest debt as quickly as possible.
While some types of low-interest or tax-deductible debt can help you along the way, high-interest debt rarely has a good purpose.
261
724 reads
Create a Spending Plan
Know your income, your expenses, how much is earmarked for additional expenses and how much for other financial goals.
290
1.09K reads
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Stocks and Compound Interest — 5 Big Lessons
When it comes to the power of compound returns in the stock market, there are five very important takeaways:
- The longer you’re invested in the market, the more your money will grow.
- The higher your annual investing returns, the more your money will grow.
- Small improv...
3. Invest for Long Periods of Time
Did you know that for any 10-year period between 1986 and 2019, you could have had an 87% chance of receiving positive returns?!
By investing for the long term and repeatedly dripping money into your portfolio you gain compound interest. And this builds up over long periods to see great re...
Invest In What Will Not Change
Become the best in one core area by continually investing in it over time, rather than jumping from trend to trend and starting over each time.
To apply this principle to your business, identify a core customer need that will likely stay the same (even as technology and culture evolve) to w...
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