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 ... Read More

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

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 ... Read More

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 ... Read More

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 ... Read More

Investing is all about taking risks to grow our heard earned money. We've been hearing a lot about diversification when it comes to investments as we usually hear 'don't put all your eggs in one basket'. "Diversify! Diversify! Diversify!" That's what most people tell. However, according to Robert Kiyosaki, that ... Read More

I mentioned previously that you need to invest to fight inflation. You also need to evaluate your chosen investment in terms of risk and liquidity. These are the things you must consider in evaluating your investments. Take note that the higher the risk, the higher returns it can give. However, ... Read More