Personal Finance

How To Make Money While You Sleep

What is your idea about passive income? For most people, passive income provides an opportunity for freedom and independence. It gives an escape from our 9-5 jobs that occupy most of our week. There are different ways to generate income while you are “sleeping”, here are just some of them: START A BLOG If playing with words comes naturally to you, you may find passion in writing. Establishing your own blog is quick and easy to do. Simply purchase your

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Personal Finance

Personal Finance Tips for Rookies that Will Help You Save

Like most people, you are searching for the best way to fall on the right money management track. Falling behind your money-saving goals can feel discouraging, but it’s never too late to start learning some money-saving strategies. Throughout our lives, the relationship we have to money is dynamic. We have different needs and different spending habits. If you were never paying attention to your money-making and money-spending habits, this is the right time to start. To organize your strategy, follow

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Personal Finance

How To Teach Children About Financial Choices

As a parent, you must guide your children’s path to financial independence. Fortunately for you, there are available online tools that can help. Start knowing your teen’s financial personality through the Financial Identity Quiz. It is a research-based tool for teens and young adults aged 16 to 24. After determining your child’s designated identity, you must discuss its advantages and disadvantages. Give some scenarios to help them decide better. IDENTITY 1: THE PATHFINDER As the name suggests, Pathfinders are committed

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Personal Finance

Dark Attitudes On Money

“You can only become truly accomplished at something you love. Don’t make money your goal. Instead, pursue the things you love doing, and then do them so well that people can’t take their eyes off you.” – Maya Angelou Maya Angelou is right. Sprinkling love in what you do attracts accomplishments and money. Our attitudes towards money play an important part in either attracting it or driving it away. Growing in a supportive environment where you can talk about money

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Savings

Why Is It So Hard To Save?

With the surge of expenses from left to right, many find it difficult to save money on the side. The difficulty arises not only due to the lack of self-control, but also due to our perception. Harvard Economics Professor Sendhil Mullainathan tells CNN Money that “it is human nature not to save, but we can get better at it”. #1: ACCEPTANCE The first step to building your savings is acceptance. Accept your current financial situation and today’s economy. Whether you

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