Aug

16

Improve Money Making Online Skills Like If You Were In School

By Mikael

Now this is the sixth tip I would like to give you that can help you make more money and be able to retire early and retire rich. If you haven’t read the five previous posts, be sure to go and check them out. You can find them here: 1. To Retire Rich You Must Start NOW 2. Why You Must Learn To Make More Money 3. Be Very Careful Of Over-Spending Habits 4. Learn To Invest Instead Of Wasting Money 5. Why Families Should Talk About Money Every Day The best way to go through these posts is by starting at the top. Improving Skills Require Education I know from my own family and friends that the most common ways to make money is to go get a job, work hard and collect a paycheck. Often times the job they have comes from the education they chose... Read more

Aug

11

Why Families Should Talk About Money as Financial Education for All

By Mikael

If you have been following this blog for even a little while you are probably aware that I think it is sad that most of our society knows very little about money and personal finances and because of this there are millions of people struggling to make ends meet. And I am only talking about the Western world here. One of the reasons for this problem to even exist might be that very few of us have ever been taught anything about money beside that we should get a good education and go find a job so we can work for money. There is no Money101 class in the schools and only if you take special courses will you even know what debit, credit and a balance sheet is. How can we expect to know about something if it was never taught to us? Then there is... Read more

Aug

7

Retire at 55 – Tip #4 – Investing Instead of Spending

By Mikael

In today’s post I will give you the fourth tip to help you retire at 55 or younger and this tip will not only be able to help you with your retirement but can also make you wealthy if you use it right. But before we dive into the post I would like to remind you to read or re-read the three previous posts: Tip #1 – Start Now Tip #2 – Make More Money Tip #3 – Drop Excessive Spending If you didn’t already know then let me quote Tony Robbins: “Repetition is the mother of skill” I don’t know if he is the original source of that quote but it’s still good advice The Difference Between Investing and Spending You can probably find a lot of different takes on this difference but here is mine: “Spending Has The Intention... Read more