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Worrying about bills and living paycheck to paycheck and being broke isn’t fun. And the thought of that being for a lifetime is demoralizing. While all our financial situations are different, we all have the ability to change our “broke status.” Your financial life can completely switch gears by identifying bad money habits that are … Read more

Lifestyle creep refers to the situation where someone gradually increases their spending on unnecessary items as their income and wealth increases. Now, your higher standard of living becomes the norm and feels like a necessity. Whether you realize it or not, at some point in your life you might be guilty of a concept called lifestyle … Read more

One goal that you might have for yourself is to build your net worth, which can help you create a comfortable financial future. And one common way to help build your worth is through various appreciating assets, that over time can grow substantially in value.  Of course, there is no guarantee with any asset you invest … Read more

The author Tom Corley did a five-year-long study and surveyed wealthy individuals on their daily habits, and then compared them with lower-earning individuals.  What he discovered and learned is that most self-made millionaires generated their income from multiple sources. Here are the common streams of income self-made millionaires use to build their wealth. 1. Earned Income … Read more