Several applications on the market analyze users’ expenses and then provide them with advice or solutions to better manage or invest their financial assets. Linked to users’ bank accounts, Acorns offers a new way to save money: rounding up purchases and investing the remaining change on the market. So, if you are interested in setting…
Before 1924, mutual funds weren’t a thing — they didn’t even exist! But when three money managers from Boston decided to combine their money, a new industry was born. Today, it controls trillions of dollars worth of assets, and it gives small investors a chance to use systematic investing methods to increase their wealth. But…
Money is a constant source of restlessness and stress. It casts its long shadow over every aspect of our daily lives. Regardless of one’s income, achieving financial freedom is ultimately a matter of control. Even in today’s age of consumerism where money seemingly reigns supreme on top of everyone’s list of priorities, there are steps…
People do not often ask billionaires for personal finance tips. After all, not many of us can think about money the same way they do. Regular people are trying to stretch their paycheck every month just to cover all the expenses. However, wealthy people have great advice to share with the rest of us. Here…
We are all familiar with the usual expectations laid out in front of us in order to be successful. Get a proper education, and seek good employment. Save up and invest in your retirement fund so that you and your family are taken care of. In the meantime, try to progress in every way possible…
When asked what their most important personal finance goal is, most people will simply say that they would like to spend less than they make. This is a very good answer, since it allows people to pay off debt, have savings on hand for emergencies, and put money away for a comfortable retirement….
One common misconception is that it takes a pre-existing wealth to start investing. Actually, a spare sum of, say, $50 can be your entry ticket into the world of return-yielding investments. Also, apart from the stock market, there are other methods, too. Each comes with a different set of options, risks and interest rates. Choosing…
You may be tempted to write off rich people’s success, attributing it to inherited wealth, connections, or sheer dumb luck, but that is simply not true in most cases. Many people who are affluent now started from nothing, and made their money through wise investments. The good news is that you can do that too,…
Everyone seems to hate budgeting. People think budgeting is for squares, and that sticking to a predetermined budget will prevent them from having any fun in their lives. However, nothing could be further from the truth. Budgeting is there precisely to empower you to make the most of the resources you have available. Think of…
You cannot learn how to manage your own money in college or high school – they just don’t include it in the syllabus. However, to help you out, we’re going to give you the most important tips that will allow you to live a successful life. Self-Control Is Key You might have heard something…