Your mindset towards something directly affects how you handle it or react to it. And since we all need money in our life, having a healthy mindset towards money is important to guarantee we are properly equipped to handle money. In this contribution, by Maria Bianchi, learn how to build that rock-solid money mindset in 10 easy steps.
If you find yourself freaking out about even the smallest expense, and going above and beyond to save pennies, then it’s possible you have a scarcity mindset.
Someone with a scarcity mindset is a person that sees everything through the “lack” lense. Around them, everything is scarce and only a few people can access abundance. For them, having “enough” or “more than enough” is simply not possible.
Continue ReadingIf you are not sure whether you should be investing in gold or not, or whether investing in gold is a worthwhile investment, you will find your answer in this post.
I have always had this idea that gold was the ultimate investing option. For some reason, me and people around me have this idea that if you have money, it is wiser to not keep it as cash but convert it to gold instead.
And, at the moment, as I was looking for more money investing ways, I thought, “Gold!”
But, since I am approaching this in a serious manner and dedicating my time to finding the best investing methods, I decided not to just follow my inherited idea of how brilliant an investment this would make and actually do some research, listen to what some of the experts say, read statistics, and find actual evidence on whether or not it would be as good of an investment as I, and most people I know, think it is.
Continue reading “Investing In Gold: To Buy Or Not To Buy?”If you are a freelancer or a small business owner, handling your finances and properly setting up a financial plan will save you a lot of time and money, and will save you from possible financial troubles as well. In this guest post, by Rachel Marcelle, you will learn how to properly organize your finances through the 6 most important financial services.
It is 2020 and the gig economy is a hot topic. People are questioning whether the freedom of not being employed full-time is an advantage to gig workers who crave work-life balance, or whether they are being taken advantage of by companies that want to avoid paying consistent wages and employee benefits.
Continue ReadingIf you have no clue what an index fund is or how to invest in one, in this post, I answer 7 questions that briefly cover all you need to know to start investing.
Let me begin by saying that investing in the stock market is one of the topics I have been avoiding to get into (there’s a list of them) because of how intimidating it felt. I had absolutely no clue what to do with this and every time I try to read about it, I get a headache!
However, eventually, I reached a dead end because I couldn’t find another topic for this week. And I figured I’ll have to get into this eventually if I wanted to properly create a diversified investment portfolio.
If you look at any established investor, you will find that they have to have money in the stock market, one way or another.
Continue ReadingSaving money is a crucial step if someone wants to have a shot at financial freedom, because in order to be able to invest your money, first you need to have saved some.
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As I approached the last few days of October, which were the last days left for my 30-day notice, I was thinking of what I will do next. To be honest, I was getting a little bit nervous about the idea of not having a salary by the end of the next month.
And although I only pay for my own expenses and no one is depending on me financially, I still felt like this was a somewhat risky step, but as is the case with taking risks, you measure the possible losses and the possible gains, and, in this situation, the possible gains to me weighed a lot more.
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