Wanderlust, also known as the strong desire to travel, is more common than some people might imagine. The truth of the matter is that the world is a very big place. There are many places to visit and an amazing plethora of things to see and do. While the upsides of traveling (such as learning, exposure to new, diverse cultures, etc) are well-documented, financial planning is absolutely critical, …
As the world changes, so do work options and the workforce in general. The inevitable emergence of artificial intelligence and automation has also played a role in the shift and perception of work. Traditionally, when most people thought of work, they were reminded of a specific place where they went to offer a particular service or product. However, this, too, is changing. More and more people are rejecting …
While hoarding money is not really a common phenomenon, it does happen from time to time. Nine times out of ten, distrust, paranoia, and fear are the motivating factors for individuals who willfully chose to hoard cash.
When most people hear the term "investing," they generally think of stocks, bonds, or mutual funds. While each of the foregoing elements can be very profitable investments, the best investment that an individual will ever make is in themselves. How does that happen, though? How does someone go about investing in themselves? The preceding questions are very common, however, there are several ways of investing in oneself and …
In this day and age, money management is a critical skill for financial success. A considerable aspect of money management involves knowing where to store one's funds. Although people have traditionally kept their money in banks, more and more people are beginning to question the wisdom of the aforementioned decision. Furthermore, those who are against keeping some or all of their earnings in banks are wondering about the …
Virtually everyone has found themselves in a sticky financial situation. Unfortunately, it can happen to even the best of us. Sometimes emergencies happen, unexpected events take place, and without the proper savings, these occurrences can seriously disrupt our budgets and financial health. In cases like the aforementioned, the temptation to borrow money from a relative, friend, or financial institution can be great. While borrowing money has helped people …
Virtually everyone would love to receive a pay raise from their employer. Whether or not said raise is deserved or feasible depends upon many factors and circumstances. However, there are still certain steps that employees should take when they are pondering asking for a salary increase.
The ability to handle money appropriately has never been more imperative. In this day and age, people who are aware of just the most basic ways to manage capital do significantly better than individuals with poor money management skills. The perks of managing capital appropriately are well documented. Any individual who is serious about his or her financial future would do well to learn some of the most …
As people gradually enter various stages of their later life, they may begin to consider the merits of retirement. While some individuals decide to keep working, others feel as though they have worked for long enough and are ready to retire. However, before one enters retirement, there are some very important things they need to do.
In 2018, one of the most important steps that one can take towards financial success is investing. Not only does investing put one's money to work, but it also allows the individual to grow his or her own money. Of course, poor investments usually engender lost funds, whereas wise, strategic investments grow one's income. Some of the wealthiest people in the world invest in one form or another.
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