Join Our Community. TimeValueV.jpg (JPEG Image, 660x854 pixels) - Scaled (94%) Free Credit Score Monitoring, Debt Management & Personal Finance Tool. 5 Financial Lessons Your Parents Should Have Taught You - Stepcase Lifehack. Money. Oh money. It makes the world go ’round. It’s one of the biggest reasons for divorce. It either frees us or enslaves us. 1. Credit cards are an interesting commodity. 2. Budgeting is something that people either love or hate to do. 3. The time value of money is a simple principal to understand: basically it states that any amount of money is worth more today than the same amount of money in the future due to it’s earning potential.
This is very important when you consider the next point… 4. Take a look at this chart. Moral of the story? 5. We were all taught that it is important to gain a good education and to learn valuable skills to enter the job force and start a good career. Sure it’s important to have a good job. One last note: $1 at age 18 can’t get you more than a coke, or maybe a dollar menu burger. Spend wisely. Photo Credit: aresauburn. An Intro to Passive Income, Popular Ways of Getting It and the Mindset You Need to Start Creating It.
EmailEmail Most of us have a job where hard work is expected and necessary. We offer our knowledge and/or labor to the company we work for in order to get recognition, satisfaction and compensation in return. Although this is the way most people make money, the minute we stop working, the income stops. On the other hand, a popular idea that’s been floating around the internet is passive income. Anyone can quickly see why this idea is popular. Provides Freedom If your passive income is higher than your living expenses, then you free yourself from the daily grind of working for someone at least 8 hours a day. Offers Diversification To borrow a popular term from investing, passive income provides diversification. Continuous Passive income doesn’t stop coming when you stop working.
Passive income on the other hand works even without you thinking about it. Creativity is the most effective way to generate passive income. One incorrect perception about passive income is that it is effortless. 9 Places Where You Can Retire and Live Like a King. Retiring to Boca Raton might might appeal to some aging Baby Boomers, but what about those planning to retire early – due to sound investments, for instance – or, those who are looking for a little post-career adventure? Whatever your age, retirement should be an opportunity to do all the things that you always wanted to do, but were too busy to try. Perhaps you’ll pursue a neglected hobby or even launch another business but this time from a more exotic locale. From changes in scenery to endless recreation, business tax breaks to huge exchange rate benefits, a number of international locations are well-worth consideration as retirement destinations.
For those not yet looking to retire, they make good vacation getaways as well: Cuenca, Ecuador (Rinaldo W.) Named the best place in the world to retire by International Living, Cuenca, Ecuador has it all for the modern retiree. Coronado, Panama (Dreamcious) Panama offers a quaint retirement haven for your golden years. San José, Costa Rica. Free Personal Finance Software, Budget Software, Online Money Management and Budget Planner. Compare Prices, Read Reviews, and Find the Best Deals - PriceSpider.com. Register :: Rockybid. 8 Ways To Get Paid For Goofing Off Online. I love to spend time online. And to be honest, a lot of it is spent goofing off, surfing, procrastinating... you know, just having fun! Well, I have figured out some ways to get paid (or get free stuff) simply for goofing off. First of all, I have to say that I was a bit skeptical of these sites. I mean, so many people promise this - and it never seems to work out.
I have only included sites that are: Totally freeWilling to pay you cash (often via check or PayPal) or give you really good prizes like gift cards You will never have to pay anything or enter your credit card information on any of these sites. Don't get me wrong - you won't get rich off of any of these sites.
Global Test Market - earn cash for taking daily online surveys.