Individual wealth building is the process of creating and accumulating wealth through individual financial and investment activities. The term usually refers to activities such as saving, investing, and budgeting that are undertaken by individuals to secure their financial future. The best way to build wealth is to start early and make it a habit. The sooner you start saving and investing, the …
Developing Money Micro-habits
Many people struggle with developing new habits, whether it be quitting smoking, losing weight, getting more organized, saving more money, or investing in themselves. But what if there was a way to make habit development easier? What if you could break it down into smaller, more manageable tasks? This is where micro-habits come in. Micro-habits are tiny tasks that you can do daily that will …
Teaching Your Kids About Money
We need to do a better job educating our children about money and business. Our schools are not doing enough of it, so it is up to each of us to pass on what we've learned so that they may achieve greater things with their lives and contribute more value to society in more meaningful ways. It's never too early to start teaching kids about money because the sooner they start learning about …
Educating Yourself About Money
It's more important than ever to be financially literate in today's world. Financial literacy is the ability to understand financial concepts and make informed money decisions. It also means that you understand financial issues everybody deals with like saving money, paying bills, managing debt, investing, and retirement planning. Financial literacy is a critical life skill that everyone …