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…
Category: Financial Freedom
5 Steps Towards Achieving Financial Freedom and Control
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…
Financial Freedom and How it Relates to Your Life
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…
The Difference Between Financial Freedom and Financial Independence
Having Financial Independence was a vital milestone in my life. After I attained it, I could have just given my notice and continued with my lifestyle. However, now there is something else on my mind. I want to achieve Financial Freedom as well. The Basic Facts About Financial Freedom I’ve realized that some people…
The Path Towards Financial Freedom
Financial freedom is not just about having money. Rather, it is about being able to run your life according to your needs and wishes. Instead of money being a burden and source of constant concern, the goal is to put yourself in a position in which you call the shots. That way, when unexpected…
Looking Back at 2008 While Looking Ahead in 2009
A little over a year ago I wrote down our family’s financial goals for 2008. It’s been awhile since I sat down and reviewed the goals, and honestly I was a bit nervous to see how far off track we’ve come. “Pay off Debt” -We are not debt free yet and I’m a bit disappointed that we still…
Kick Impulse Spending to the Curb – 10 Questions to Ask Yourself
This weekend was a tough weekend that tested how much I’ve changed my shopping behaviors this year. First test? A craft fair right outside the salon where I got my hair cut on Saturday. Second test? The cell phone store with Bluetooth headsets on sale. Both times I stepped out of the situation and asked…
Why a Little Creativity Will Help You Get Out of Debt
Anyone that has tightened up their purse strings in order to pay off debt knows that cutting down on eating out, entertainment, and other purchases can be really difficult to adjust too. But there is no need to lead a boring life stuck at home when you have little or no money left in your…