Throughout our lives, we’ve all had the desire to be all we can be. However, as we grow older, we tend to ignore this desire and settle for a boring life full of financial struggles simply because we are too frightened to explore the activities that excite us.
The basic function of a bank or financial institution is to collect money from those who do not need it right away and lend it to those who need to put it to productive use, while making a profit in the process.
Before you invest any money, you need to be clear about your investment objectives.
A good approach to building wealth one step at a time is getting your finances in order and taking the action required for you to retire sooner than you thought, so as to live the life you’ve always wanted.
I often ask people to explain precisely how they would spend a million dollars if they suddenly received it in cash today.
Consumer debt is usually a symptom of a bigger underlying problem that can grow to staggering proportions if all you do is treat the symptom while ignoring the disease.
Our financial habits are usually patterned from what we learnt or what we observed about the way authority figures in our lives related to money.
The urgent need to control your finances usually sets in after you find yourself way behind ‘schedule’ when it comes to retirement, investments, and attaining your financial goals.
There is an old saying that goes; if your destination is ‘anywhere’, any road can lead you there.
When it comes to money and financial security, fear is a limiting factor that can actually prevent you from realizing your full potential.