Millionaire Acts

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 news is that there are ways you can maximize how much you save and earn whilst keeping it safe and protected as well. First, as Nike so famously says, “just do it.” Start saving. It doesn’t matter

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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 is knowledge. Wealthy people know how to make money while rich people only have money. Being wealthy is defined as that status of an individual’s

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Have you ever heard the phrase or been told you have to “spend money to make money”? Perhaps this is a new phrase to you as personal finance is all about saving and frugal living. Essentially, the phrase means that you if you allocate financial capital or resources into a particular endeavor, you will create a platform by which you can earn more money than you originally spent. Sounds easy enough, right? Well, it’s easier said than done. Check out a few examples of how to spend

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When we were little kids, we used to have piggy banks. Our parents used to tell us that we should save money. As kids, we are already taught by our parents the value of money. Every time we have some coins, we usually drop it to our piggy banks until it’s full. I remember when I was a kid, my mom opened a Kiddie Savings Account in a bank when my piggy bank was already full. There’s only one piggy bank that we are accustomed to – the one where we allot our savings. However,

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For business owners, there are a lot of ways to fund your business. You can take a loan from the bank or cooperative, use your own savings, or borrow money from angel investors and venture capitalists. For investors, one way to grow your money is to become an angel investor and venture capitalist. Both types of investors need trust into the business they’re investing in. But what separates them is their equity holdings in the business. Angel investors are usually private individuals.

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