Being able to live the life you want at every stage of life is the ultimate goal. That’s why maintaining your financial health is so critical.
Compound interest is definitely powerful, and can be critical to your investing success. But, there are myths surrounding this concept that are worth understanding.
Here’s the number one reason why a six-figure income can still leave you feeling suffocated, living paycheck to paycheck.
Deciding whether to invest or pay down debt requires more than a simple answer based off numbers. You have to consider all the components to this question, and how debt affects your complete financial life. Then, you can use this simple 4-step action plan to get started by prioritizing your financial life in the right way.
Your success isn’t dependent on how much money you have. You can have all the money in the world, but it doesn’t mean anything if it can be wiped out should your life change. Rather, your success is dependent on your ability to effectively react to life as it happens around you.
The formula for financial success isn’t a secret. In fact, the game of reaching your full financial potential is 70% behavior. So, much of what successful people do when it comes to money is simply abide by common sense money principles.