3 Things You Need to Do to Be Successful
Key takeaways Rational optimism is far different that the stereotypical optimism. Successful people have a reasonable tolerance of risk. Become a rational optimist to be successful in your endeavors.
How to Handle Your Student Debt After Graduation
Key takeaways Two-thirds of students who just graduated college have student debt. Students must begin making payments on their debt six months after graduation. Know all of your expenses and create a budget. Most important thing is to remember to save first, spend later.
Do You Enjoy What You Do?
Key takeaways Young people are working ten hours or more a day to get ahead. Working for the sake of work amounts to living life with a surface-only approach. People need meaning, value, and purpose in life. Take the time to find a job that feels more like play than work so you can enjoy […]
Having Money Discussions Is Important in a Relationship
Key takeaways Younger generations are handling money differently than those before them. Gen Z and millennials are much more comfortable discussing money. Money is one of the biggest reasons for divorce. Talking about money before marriage is a good thing.
Do You Think You Can Go Without Medical Insurance?
Key takeaways People under about age 22 often spontaneously engage in highly dangerous activities without thinking about possible bad outcomes. They make decisions as if they’re immortal. That usually changes when you reach your late 20s and get into your 30s. You start to recognize that some of those things you did could have ended […]
It’s Spring and Time to Do Some Financial Cleaning
Key takeaways The old adage, “You reap what you sow,” is as true for those trying to get their financial houses in order as it is for farmers. Springtime is the season for thorough house cleaning and fresh starts. It’s also a great time for cleaning your financial house, which can give you a financial […]
3 Things People Waste Money On
Key takeaways In the wake of all their bills and obligations, younger people often find they lack the funds to do things they like and want to do. Kevin O’Leary, of Shark Tank and Wonderful, wrote about three things people waste money on: overpriced coffee, too many shoes, and too many pairs of jeans. He […]
Money Expectations
Whether you like to eat steak, or pasta, or ice cream, you probably couldn’t consume 200+ pounds of any of those in one sitting. But you could finish all 200+ pounds of steak (or whatever it would be for you) over the course of a year by just taking tiny bites each day. A book […]
Don’t Invest Too Much in the Next Big Thing
Key takeaways A recent study, conducted by the financial company Edelman’s, showed that 25% of affluent millennials were investing in Bitcoin. The pull of trends like Bitcoin is reminiscent of other trends that popped up in the past—trends that failed to pan out, causing people to lose a lot of their hard earned money. Bitcoin, […]
Advisors for Success Minded People
Key takeaways A catch-22 is a situation that keeps you from attaining your goals due to a set of inherently illogical rules or conditions. Younger, success-minded people need professional advice as they accumulate wealth over time. The majority of the professional advice available for success-minded individuals—at the beginning of their wealth building years—is either far […]