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 leads toward the goal in mind. Credit rating is one of the elements in our […]
Category: Financial
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 goals, and withstand unexpected events or emergencies. It is about achieving stability and peace of […]
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 understanding of what they are. Put simply, cash flow investing is the accumulation of assets […]
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 all angles to verify the truth of those beliefs, don’t get upset though as it’s […]
Financial Freedom Through Passive Income
Are you thinking about how to build financial freedom through passive income and wondering where to start? As with other things in life you can’t just wake up on day one and run a marathon. You need to take small steps and build up over time. Let’s break down how you can eventually get that […]
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 create it any longer. This means you did some work to build a business, buy […]
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 out of debt or building passive income, we can all agree that having more income […]
What Are Some (26) Examples Of Passive Income
As a writer I am partial to being direct and to the point, the same can be said of what I like reading. So you may ask, what are some examples of passive income options- here’s a list of ideas I’ve gathered. 26 Ways to make passive income Real estate investing I put this one […]
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 getting paid and that is by doing work once that you get paid for multiple […]
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, with barely anything left over. It’s not the only way to make a living and […]