In a recent Q&A, I had the pleasure of posing some questions to author Michael Gilmore, also known as the Seven Dollar Millionaire and author of Happy Ever After: Financial Freedom Isn’t A Fairytale and The Little Book of Zen Money – A Simple Path to Financial Peace of Mind. Based in Singapore, Michael has…
What is Passive Income? Passive income ideas and streams are an attractive option for those looking to supplement their income or achieve financial independence. Unlike active income, which is earned through traditional employment, passive income is generated without actively working. Instead, passive income streams are designed to provide regular, recurring income with minimal effort. The…
Disclaimer: Any of the below is purely informational and not meant to be financial advisor. As mentioned, always consider working with a professional on further questions. Caring for elderly parents can be a challenging and rewarding experience. However, as our loved ones age, they may face various financial and health challenges that can be difficult…
We all know the importance of managing our finances, but did you know that most high school students graduate without formal education? Unfortunately, this is the reality for many students across the country, but only for a short time. Michigan high school students will now be required to take a personal finance class starting in…
With the US Supreme Court set to take up a second case on how to handle student debt relief, the cost to go get a higher education will still exist for the foreseeable future. Here are some great tips you might want to consider as you begin planning your 2023 personal finance calendar.
According to Merriam-Webster, one of the definitions of wealth is an abundance of valuable material possessions or resources. Per a new survey that recently came out, many Americans feel you need a lot of valuable material possessions – to the tune of $2.2 million – to be considered “wealthy.”
The Federal Reserve is continuing to raise interest rates to combat inflation. It’s raised rates more times already than it has in 28 years. You would think then that as inflation eases, it would make expense management a bit easier for consumers. However, as rates rise, so too does the cost of borrowing money –…
From time to time, I like to highlight tips from Jonathan Pond’s Ponderings newsletter. It’s a great read if you haven’t subscribed before. Granted much of his advice may seem like common sense, but given the roller coaster that the market has been on as of late, between inflation, issues abroad, and more, I wanted…
