7 Types of Income Streams It is often said the average millionaire has 7 types of income streams. The average person typically has 1 stream of income, usually from their job, and this can put them in a vulnerable position financially. If you take a look at the average millionaire, it is true that they have multiple streams of income-generating
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In this post, we’re going to focus on top digital passive income ideas that you can start today. While there are hundreds of ways to earn passive income, the focus of this post is on five actionable digital passive income ideas for busy professionals. So-called internet gurus are painting the picture of you sipping mai tais on the beach with
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I just finished listening to The Millionaire Next Door by Thomas Stanley on audible and I want to share with you some of its key takeaways. The Millionaire Next Door When you think of a millionaire, did you think of the people living on the Upper East Side in New York City or the residents of Beverly Hills California? The
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In this post, I will review financial engines also known as advised assets group and decide whether or not it is worth it due to their fees and other factors. What is Financial Engines (FE)? According to its website, they are founded in 1996. They described themselves as: We provide objective, fee-based advice and asset management, with an aim to
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I will have paid off my student loan at the end of July 2019. My next major financial action is an early mortgage pay off. Early Mortgage Pay off Strategy Early Mortgage Pay off using HELOC Surveying the inter-web there are many options and strategies in which to to pay off my mortgage early. The first option I stumbled upon
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Enjoy this week’s top financial articles from the likes of Forbes, Fortune, etc. 10 Money Mistakes to Avoid in Your 30s From a financial standpoint, your thirties are the most critical decade of your life. By avoiding the items on this list you’ll radically improve your financial future and even position yourself for early retirement. High-Earning Millennials Have a Debt Problem!
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Continuing on my investing series, in this post I will show you exactly the strategy on how I will invest in Vanguard Index Funds. Advantages of Vanguard Index Funds Investing in index funds might the best, easiest, safest long term investment out there for most people. It’s one of my favorites ways to invest. This investment strategy requires very little
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