In Robert Kiyosaki’s book, “Rich Dad, Poor Dad”, he talks about good debt and bad debt. Good debt is any type of debt that purchases an asset that puts money in your pocket every month. Bad debt is any type of debt that purchases a product that takes money out of your pocket every month. […]
Financial Education
How to Get Banks to Refund Charges
A Dollar Cost Averaging Trick
In a previous article, I mentioned two principles; the “Rule of 72” and dollar cost averaging. The Rule of 72 is utilized by dividing your percentage rate of return by 72, which determines how many years it will take for your money to double. Dollar cost averaging is a principle that helps you take advantage […]
Is Debt Really That Bad?
How To Choose The Right Investments
When I started my quest for financial freedom, my research took me in several different directions. Real Estate Investing, Options Trading, Multi-level marketing, and the list goes on. I signed up for just about everything from free webinars, to paid seminars, and ultimately to expensive courses. All in all, it landed me right back to […]