If I had a choice between getting rich slow or fast, I would like most choose the fast way. But in reality, other than winning the lottery or inheriting money it isn’t easy to get rich fast. Even though there are many claims on the internet that you can get rich quick, they are mostly just schemes to take your money.

Achieving wealth takes time and when you look around most of the wealthy did not become a millionaire overnight. Even though we live in a fast paced world where we want everything fast, some things need to be taken slow if we want it to last. That’s why the earlier you get started on your wealth building blocks, the sooner you will reach your financial goals. Read more »

Debt is a four letter word that you can live with out. It causes money stress and doesn’t let you enjoy life if all you are worrying about is how to make ends meet. But is all debt bad? When you’ve been in debt like I have, you don’t see any good aspects to it because you can’t get ahead if all your money is going towards paying debt.

Definitely the worst debt to have is unsecured debt. This is debt such as credit cards. Unsecured debt means there is no security against this debt that can cover it should you default. Whereas secured debt such as a mortgage is covered by your home. A secured debt is easier to get rid of because you essentially could Read more »

I overheard a conversation between two people who were discussing a high ticket item one of them had just purchased. One was saying to the other that he paid too much and should have waited until the price dropped or shopped around for a better price.  The other one defended himself saying he didn’t want to miss out and that it wasn’t a big deal because “money comes, money goes”. Of course this made me think how many times people, including myself, have made excuses like this for excessive spending.

Sure money does come and money does go but if more money is going than coming in Read more »

You may be wondering how a calculator can get you out of debt. It’s true it can if you actually use one and on a regular basis. First of all, the calculator has been an effective tool when it comes to managing finances. How could we be without one when we are creating budgets, paying bills and getting debt under control.  Unfortunately though some of us manage to do without one and end up deep in debt.

These days with advancements in technology it makes it all the more easier to use calculators while we are on the go, as you can easily find high tech ones on laptops and even smartphones. This mathematical calculating tool has evolved over centuries in managing various aspects of our day to day life. Read more »