I’m going to share with you a little story that demonstrates the power of compounding, and the impact it could be having on you right now. Stay with me – you’ll soon see why this is important. A boy was once approached by a lazy man, who said he would pay the boy to sweep his porch each day for one month. He promised to pay $100 on the 30th day. The boy thought about it, … [Read more...] about Time is Money: What’s it Costing You to Sit on the Sidelines?
What most of us have been taught about risk is wrong, and it’s probably holding you back from obtaining real wealth. Conventionally we’re taught that there’s a continuum of risk starting with low risk investments at one end of the spectrum to highly speculative, risky investments at the other. We’ve been led to believe that any investment can be placed somewhere along this … [Read more...] about The Myth of Risk
What are you prepared to give up to stand out from the crowd? Successful people have many habits that help them succeed but they also abide by a number of self-induced rules to ensure they stay at the top of their game. So, if you want to be one of the best, you need to discover which habits help you grow and which ones do little but hold you back. 1. They learn first … [Read more...] about 7 Habits Successful People Give Up to Increase Their Productivity
Note from Kalen: Today I have an awesome post from Michael over at Property Update. You can learn more about him at the end of the post. Here are 6 mistakes young people make. I'm sure none of you guys would admit to these are doing these things, right?? But what about your friends? Here are some tips to help them out... When we are young, we do all sorts of silly … [Read more...] about 6 Financial Mistakes Young People Make
The following is a guest post by Michael Yardney. Wednesdays are guest-author days if you haven't figured that out yet. If you're a blogger looking for some exposure, feel free to send in some ideas throughout Write for Us page. Enjoy! There's a saying that happiness is somewhere between having too much and having too little. But the concept of “happiness” can be … [Read more...] about Happiness is Somewhere in the Middle