investing

DISADVANTAGES OF BEING WEALTHY

11 Unanticipated Disadvantages Of Having Too Much Money

Most people dream of being rich and having all the money in the world. It’s a fantasy that’s been happening for thousands of years. You get to wake up and everything is easy! No worrying about money anymore. No worrying about how you will afford your mortgage (assuming you have one) and toys, OH boy …

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13 Strategies The Rich Use To Avoid Paying Taxes

13 Strategies The Rich use to Avoid Paying Taxes!

Let’s face it, the rich don’t “work” the same way as labor employees. The rich have advantages in multiple areas that most people don’t. Why is that? Because they use tax advantages and other entities to avoid paying taxes! This isn’t to say you can’t use some or most of these same advantages in your …

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What Truly Separates The Rich From The Poor?

What Truly Separates The Rich From The Poor

There are some big differences between the rich and the poor. Many of which are just a matter of discipline and knowledge in areas that aren’t readily taught in schools as we grow up. Subjects about finance and even home economics are very important to everyone’s success even the rich. There were 18.1 million millionaires …

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8 different types of income

8 Different Types of Income And How You Can Create Each One!

The 8 Different Types of Income Streams.

• Earned Income- Earned from working a job.
• Profit Income- Earned from buying and selling Products.
• Interest Income- Earned from Lending money.
• Residual Income- Earned when the job is done and you still get paid.
• Dividend Income- Earned through owning stocks/companies.
• Rental Income- Earned through renting out properties.
• Capital Gains Income- Earned through the sale of Appreciated Assets.
• Royalty Income- Earned through someone else selling your idea(s).

small farm house in the mountains

15 Things You Didn’t Know About Mortgages Part 2

Welcome to part 2 of 15 things you didn’t know about mortgages. If you missed the first few check them out here. let’s dive right in and take a look. Part 1 What is a mortgage? 1-Paying interest at the start 2-Mortgage rates change all the time 3-Negotiating rates 4-You can still buy a house with low …

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