Have you ever wondered why some employees, despite their large paychecks, end up being broke? The reality is a bigger income does not necessarily equate to becoming rich.
How many people have you heard winning millions in the lottery only to spend all of it in a few years to become ... Read More
The Income Trap
Posted On Wednesday, 01 May 2013 By Tyrone Solee. Under Personal Finance Tags: financial plan, savings
Have you ever wondered why some employees, despite their large paychecks, end up being broke? The reality is a bigger income does not necessarily equate to becoming rich.
How many people have you heard winning millions in the lottery only to spend all of it in a few years to become ... Read More
7 Comments
The Importance of Variable Life Insurance
Posted On Monday, 14 Jan 2013 By Tyrone Solee. Under Investments, Personal Finance Tags: financial plan, insurance, invest, mutual funds, retirement, savings
When you hear the words 'life insurance'? What does it mean to you? Does it mean an additional expense on your budget? Or does it mean a product for your financial security?
I was offered several life insurance products before but admittedly I declined because as most people, I thought it ... Read More
21 Comments
Seven Money Habits of Truly Rich People
Posted On Monday, 27 Aug 2012 By Tyrone Solee. Under Personal Finance, Tips Tags: financial plan, money, savings
Napoleon Hill said that "Riches do not respond to wishes. They respond only to definite plans, backed by definite desires, through constant persistence."
Being rich is not about having a lot of money. It's about building wealth , keeping your money, and spending it wisely. Sustainability is the key difference between ... Read More
12 Comments
Tips to Financially Survive the Unexpected
Posted On Friday, 08 Jun 2012 By Tyrone Solee. Under Personal Finance, Tips Tags: credit cards, financial plan
There are many situations that can arise that financially knock us off our feet. In the event of an accident or an illness, how will you deal with the financial fallout?
There are several considerations to make well before this ever happens to you. This way, if you do end up ... Read More
7 Comments
Financial Graces that Can Leave You In Financial Ruin
Posted On Wednesday, 18 Apr 2012 By Tyrone Solee. Under Finance Concepts, Personal Finance Tags: credit cards, debt settlement, entrepreneur story, finance
The recent recession left many people in financial ruin. In order to make ends meet, people had to do drastic things to their personal budgets. However, many people were actually taking money away from the wrong places and making their financial situation worse.
No matter what your financial situation, there are ... Read More
6 Comments
The recent financial crisis has brought home the importance of increased savings for many people. Of course, with interest rates provided by banks at a historic low, some people avoid saving even while they know they should. For those prepared to dig a little deeper in their pockets, the good ... Read More
1 Comments
Being rich and being wealthy seems to be synonymous as both involves having a lot of money. However, there's a big difference between the two. If you notice, there are a lot of so-called 'get-rich-quick' schemes but there are no 'get-wealthy-quick' schemes.
The main difference between being rich and being wealthy ... Read More
13 Comments
