By the time you pay the bills, contribute to your emergency fund, not to mention put in what you can for retirement, there sure is not much leftover, which makes it all more important where every dollar is going. A good way to start seeing where your hard-earned money is going is to take last month’s debit or credit card statement and actually go line by line. From there you can put together a budget of what you’re currently spending, and from there, start to trim down to reasonable levels, so there will likely need to be cuts somewhere. By making some tough choices and sacrifices, after you start to see the savings pile up, you may not even miss those non-essential items any longer. Cable TV This may be the hardest cut to make, especially if you have been used to your entire life having the ease of flipping through the channels to find something to watch. The truth is, we don’t have the patience to watch commercials so all of the shows we watch are on DVR, let alone whether you pay for cable but your entire TV watching comes from streaming services such at Netflix. By cutting [...]
Staying on top of the family finances is a huge responsibly,
probably one that should not be handled alone without the help of your
significant other, or even a family member or friend that you trust [...]
We asked members of the IWT community who have been married at least 10 years (aka “forever” in Hollywood years) to share their #1 piece of financial advice for couples.
Here’s what they said: [...]
Knowing how to ask for a promotion can make you rich
Many of my students and friends who’ve used the techniques I’m going to share have successfully earned raises of $10,000 or more.
But even if a [...]
Goals are great — but often, the ways we achieve those goals are tedious, time-consuming, and (let’s face it) boring.
Some examples:
To run a marathon, you must train and run dozens of miles each [...]
Believe it or not, it can be harder to stay on top of your
finances compared to losing weight, which is a popular resolution this time of year. The problem is, you join the gym and try to
make a [...]
If you had an extra hour in your day, what would you do with it?
Pick up a new hobby?
Learn a new language?
Find new ways to make money?
What if you had two extra hours, or even three? What would you [...]
Christy Bieber at the Motley Fool writes, “Retirement is a milestone most of us will someday reach because few people work until the end of their lives. But only around one-third of Americans are ve [...]
Whether you know it or not, your first impression to a potential
lender is your credit score, which can not only decide your approval fate, but
also, if approved, what your rate and terms are. F [...]
The stock market has lost all its gains for the year. We are still up over 6,000 points since the Trump election. Some are getting nervous, and have moved money out of stocks into bonds. However, real [...]
This is my official April 2018 Net Worth Update. Below are my actual numbers for ALL my investments and liabilities as of 05/01/2018. Detailed explanations and a quick summary can be found belo [...]
Peer-to-peer lending is just one
piece of the greater sharing economy that has boomed in the past ten to fifteen
years. In a nutshell, it allows regular non-institutional investors with just a
few hun [...]
The holidays are here! That means quality family time, sumptuous dinners, and an endless stream of cheesy Hallmark movies.
And if your boss decided to play Santa this year, it might mean a holiday bon [...]
I’ve been sharing my honeymoon stories and other aspects of my life on my Instagram stories.
In the last installment of my Honeymoon Series, we explored Italy with our parents, and now we’ve move [...]
Do you ever wonder why people spend their money the way they do?
Why take an expensive Uber when you can walk 20 minutes to get to the same place?
Why pay for first-class tickets when we’re all goin [...]
In today’s episode of The Art of Passive Income, Mark and Scott talk with Chris Miles, a cash flow expert and leading authority on how to quickly create cash flow and lasting wealth. He’s been [...]
Ah, the new year. A time for parties, champagne, and questionable decisions made because of the aforementioned parties and champagne. Before you say goodbye to 2018, there are four things you can do t [...]
You may think you are going about your finances the right way, month over month, year after year, making sure your bills are paid on time,and yes while that is important, there is actually much more t [...]
I always knew that I wanted our honeymoon to be unforgettable. My wife and I were thinking about doing a safari, and when we went out with a few married friends and told them, they said, “That sound [...]
In today’s episode of The Art of Passive Income—Round Table edition, Mark is joined by:
Scott Bossman
Erik Peterson
Aaron Williams
Mimi Schmidt
Tate Litchfield
Scott Todd
Are you having a diffi [...]
Fact: Taxes are confusing — and it doesn’t help that there are so many myths that swirl around the subject.
It makes sense though. There’s no class in high school on how to do taxes, and the su [...]
Headlines like “Oprah’s favorite things!” or “Tech gifts for gadget geeks!” have been popping up in your Amazon sidebar for weeks, all of America’s malls are playing “Jingle Bell Rock” [...]
It’s long been said that a large part of the reason for divorce is because of money, so in order to really avoid any potential family money disaster, it’s been to get out in front of it early on b [...]
It’s a question I’ve been asked since starting I Will Teach You to Be Rich more than a decade ago:
“How do I take control of my finances?”
At first, it can be hard to answer &m [...]
As the weather starts to turn and winter seemed to be in full force already, though it’s already almost Thanksgiving somehow, I can already notice the furnace kicking on more than normal and can ant [...]
When the stock market took a hit in October 2018, we saw the usual knee-jerk headlines:
Blip or downturn? What the market meltdown means for your money
Is it time to sell before we hit bottom?
Stoc [...]
Errors and your credit history. Name a more iconic duo. I’ll wait.
You can’t.
Errors in your credit can occur for a variety of reasons, from simple reporting issues from the creditors’ side to m [...]
Learning how to freelance is the first step toward an unlimited earning potential.
It’s a wonder why more people don’t do it — especially when there are so many good reasons to:
Flexibility. [...]
While winter certainly does not prompt a time to save money, but now is as good of time as every to start making money moves that will help you save money and be able to get ahead, for example, paying [...]
I’m going to show you exactly how to negotiate your rent so you can put a couple thousand dollars — or more — in your pocket this year.
Most people don’t think negotiating their rent can save [...]
Many people think that the only way to build wealth is with a job. While it’s a great way to earn more money, it’s not the only way.
In fact, there are a lot of ways you can make your money work [...]
Let’s save money by accelerating our mortgage payoff. Face it interest rates rising recently signal that the FED is succeeding in getting overall inflation up to two percent. In some areas, inflatio [...]
Life certainly does move pretty fast. It may just seem like you just finished school and started your career, and then suddenly you’re “grown up”, have a family of your own, and you start to t [...]
You know if you’ve ever applied for a mortgage, loan, or the credit card you use for purchases, that your credit score is a major factor in the rate you receive, and how you handle your credit card [...]
Everyone wants more money, but very few people are willing to go get a second job. Most of us can barely handle the first job, much less a second one.
A common thread among these people is passive inc [...]
Credit repair is like losing weight. It is a process that takes time and with no quick ways to fix it. Doing away with the negative information on one’s credit report and trying to catch up on due b [...]
Let’s face it, when it comes to spending, there’s not a whole lot left in our bank account after paying bills, not to mention have enough for food and gas, so it makes sense to what to treat yours [...]
Handling the household finances is not an easy task, one that should not be handled alone. Whether you share the finances with a significant other, as it’s important to keep them in the loop at al [...]
When it comes to the monthly finances, it probably doesn’t take much before the bank account is on empty after paying bills, not to mention hopefully contributing to retirement account, or having an [...]
If you’ve ever applied for a mortgage, loan, or even tried to get insurance, your credit score is a major factor in not only your approval, but at what rate you receive. The higher the credit scor [...]
It used to be that using a credit card could give off the perception that because you’re charging, you don’t actually have the sufficient funds to make the purchase. While I suppose that could b [...]
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My guest today is Paige Panzarello. Paige is the “Cashflow Chick”. Having been a Real Estate investor and entrepreneur for over 20 years, Paige has had experience in many differe [...]
Usually, people have questions about inheriting a house. Some want to talk about the tax consequences of selling a Los Angeles Inherited house. The tax implications can seem confusing. Most people don [...]
Let’s save money by accelerating our mortgage payoff. Face it interest rates rising recently signal that the FED is succeeding in getting overall inflation up to two percent. In some areas, inflatio [...]
When Sam and Holly’s parents retired, they had prepared for this moment many years ago by buying real estate that provided an income. They found every rental property they owned needed treatment a [...]
“I’ve always had this theory that, if you help enough people get what they want, you’ll always get what you want.” — George Raveling
Coach George Raveling (@GeorgeRaveling) i [...]
Serial entrepreneur, world-class investor, eagle scout, and all around wild and crazy guy Kevin Rose (@KevinRose), rejoins me for another episode of The Random Show. We discuss Kevin’s new diet [...]
Here with me this week is Robert Duff, Ph.D., a psychologist who's supplementing his income by selling his books on Amazon. [...]
Karan Bajaj is a number one bestselling Indian novelist who created his first online course just a few months ago. In this post, he describes how SPI helped him create a profitable course with no emai [...]
In just a few days, the new design for Smart Passive Income goes live. Here's why I decided to redesign the website, even though it has been performing well. [...]
Today's episode is a vital one for all you podcasters out there. I'm sharing my top tips for preparing for an interview, gathered from the hundreds of interviews I've done on the Smart Passive Income [...]
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