Category Financial

How credit rating affects your cash flow

How credit rating affects your cash flow Numerous factors are involved that influence our economic stability, to the point that it feels like walking a tightrope. With but one slip in any direction you fall off the narrow line that…

Introduction to Financial Security

Financial security Definition and Importance of Financial Security Financial security is the ultimate goal for many individuals and families, but what does it mean? Financial security refers to having enough money and resources to cover one’s basic needs, fulfill financial…

Cash flow vs Networth Investing

Cash flow vs net-worth investing The media mentions networth a lot when talking about wealth, though cash flow investing is often overlooked or neglected entirely. In this article let’s discuss the differences between the two so you have a better…

12 Money Myths To Stop Believing

Many of us grow up learning the same things our friends, family, and schoolmates believe about money. Unfortunately, most of those things are just money myths. Well-intentioned and striving to do good and what’s right, oftentimes we haven’t really studied…

Is Residual Income Good?

I don’t know why the question “Is residual income good” gets asked but let’s answer it once and for all. What is residual income? Residual income is income you receive on a regular basis without doing the work needed to…

Passive Vs Active Income

Money earned comes from either active income or passive income. Most of us have heard about the two but may not know the differences between passive vs active income. Whether you believe the way to financial freedom is by getting…

What Is Passive Income

Most people struggle financially because they only have one source of income. Primarily speaking the money most people earn is through a job after one or two weeks of work and then they spend it. There is another way of…

The 3 Types of Income

When trying to better your life one of the biggest factors to what you are able to do is the amount of income you have. The standard way of living for most of us is going from paycheck to paycheck,…