9 Ways to Build Wealth in Your 50s

/in , , , , , , , , /by

Midlife is filled with challenges and opportunities. Yes, you might be in the thick of paying for college, but soon all those other costs that come with kids should be behind you—or so you hope. You’re also likely in your peak earning years and when you’re making the most is also when you should squirrel away the most.

Some 40% of successful savers—those who built nest eggs equivalent to 10 times pay—did so by saving 15% or more of their incomes for at least 10 years.  Here’s how…

Source: http:http://time.com/money/collection-post/3629348/money-moves-for-your-50s/

How Much Money You Need To Save Each Day To Become A Millionaire By Age 65

/in , , , , , , /by

Becoming rich is nothing more than a matter of committing and sticking to a systematic savings and investment plan.

If you want to get rich, start investing- and start as early as you possibly can.

To illustrate the simplicity of building wealth over time, Bach created a chart detailing how much money you need to set aside each day, month, or year in order to have $1 million saved by the time you’re 65.

Next time you consider running to Starbucks for a $4 latte, think about this chart and consider redirecting that coffee cash to your savings.  Check it out here.

Tony Robbins’ 10 Tips for Living Rich

/in , , , , /by

If you want to be happy, but you’re having a tough time in life due to personal or financial issues, it’s important to take whatever steps possible — even small ones — to progress and grow.

This best-selling author’s advice has been featured prominently in magazines, digital media and in national televised media. He travels all over the country every month for events to inspire people in their lives and in business.

Click HERE for some of Tony’s top pieces of advice on how to change your mindset in ways that can have a positive impact on your life and your finances.

How Cars Affect your Financial Freedom

/in , , , , , , /by

It’s not that I don’t want a really fancy car, it is just that there is something I want a bit more: financial freedom. Car payments are many times the #1 obstacle that causes the average family not to achieve financial stability. Spend some time thinking about your current car situation.  Are your car purchases making your bank richer or you?

Here is a great read about “How Your Car Affects Your Financial Freedom.”

The Boring Secret to Getting Rich

/in , , , , , , /by

Many people dream of becoming rich but don’t have any idea how to make it happen.  There’s no magic formula, but there are many steps you can take to gain an advantage.  The secret to getting rich is simply doing what most people can’t.

Click here to learn Money Magazine’s boring secret to getting rich.

The Best Revenge on an Ex-Husband: Building Wealth

/in , , , , , /by

With the help of a financial advisor, a divorcée bounces back.  Her advisor told her that the best way to get back at her ex-husband was to become extremely successful.  He was right.

Read full story here.

In Your 20s? 30s? 40s? 50s? 60s? The Best Financial Goals for Every Age

/in , , , , , , /by

We’ve devised a little roadmap of goals that everyone can follow to make sure they are meeting the right financial goals for their age.  Of course, you can accomplish any of these goals sooner, but this is a good general map of where you should be at any given age:

Learn more here.

6 ‘Must’ Things To Have Before You Turn 40

/in , , , , , /by

Thus they say “life begins at 40.” It is true in a sense that most people should be stable, ideally, in all aspects of their life when they turn 40—the “prime” stage in a person’s life.

It is when you are 40 when you can do and be in your greatest potential—and at least, have already achieved the following:

Click here to learn the 6 “Must” Things To Have Before You Turn 40…

How to Tell If You Are Ready to Retire

/in , , , , , , /by

Most people’s finances would be improved by another year spent in the workforce, but you also don’t want to work for so long that you don’t have time to enjoy the things you want to do in retirement.  Here’s how to tell if you are ready to leave the working world behind.

Make sure you do these 5 things before stepping away from the working world.

Click here to learn more.

10 Reasons You’re Not Rich Yet

/in , , , , , , , /by

No matter how much you earn you could be creating your own barriers to financial success without even knowing it. Here are 10 things you might be doing that are preventing you from achieving financial freedom.

Click here to read Money Magazine’s 10 Reasons You’ll Never Be Rich.