Financial Freedom Isn’t a Fairytale: An Interview with Michael Gilmore, the Seven Dollar Millionaire
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Financial Freedom Isn’t a Fairytale: An Interview with Michael Gilmore, the Seven Dollar Millionaire

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…

10 Passive Income Ideas for Beginners
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10 Passive Income Ideas for Beginners

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…

Caring for Elderly Parents: Navigating Financial and Health Challenges
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Caring for Elderly Parents: Navigating Financial and Health Challenges

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…

Fall Semester Brings a New Requirement for Michigan High School Students: Personal Finance Class
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Fall Semester Brings a New Requirement for Michigan High School Students: Personal Finance Class

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…

How Much Do You Need To Be “Wealthy?”

How Much Do You Need To Be “Wealthy?”

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.”

6 Ways Interest Rate Increases May Affect Your Personal Finances

6 Ways Interest Rate Increases May Affect Your Personal Finances

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 –…

3 Investment Reminders for The Stock Market

3 Investment Reminders for The Stock Market

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…