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 week. To write a book, you must sit down and write thousands of words each day. To clean your house, you must … well, clean your house. It’s this tedium that often results in people giving up their goals entirely — even if it’s something they really want to achieve. That’s the reason why gyms are chock-full of people at the beginning of the year but thin out dramatically by the end. Luckily, there’s a way that you can work toward achieving your goals and build good habits, while having fun: A commitment device. What’s a commitment device? A commitment device is a method of locking yourself into a habit or behavior that you might otherwise not want to do. And there are essentially two types of commitment devices: Positive devices. These are devices that give you a positive reward for performing different tasks. The idea is that when you associate that task with the commitment device, you create a positive feedback loop that makes [...]
While figuring out whether you’re financially stable or not
has a little more to do without just being able to decide if you could survive
longer than paycheck to paycheck, but more has to do with a [...]
Chocolate can help you lose weight.
No, seriously. It can. Or at least that’s what Charles Duhigg, habit expert and author of The Power of Habit, says:
“Although it seems like very dissimilar rew [...]
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 [...]
In today’s episode of The Art of Passive Income, Best of Round Table edition—With the new year just starting out and goals still on our minds, we decided to dig deep into the vaults and pull out p [...]
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 [...]
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 [...]
In today’s episode of The Art of Passive Income—Round Table edition, Mark is joined by:
As we come to the end of [...]
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 [...]
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 [...]
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 doll [...]
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 [...]
Overdraft fees are total BS.
When consumers overdraft their accounts, it’s by an average of $24 — but then they often get hit with an average of $34 in fees.
In 2016, Americans paid $15 billion i [...]
Why reframing "how do I make fast money online?" can help you better understand what it truly means to generate an income online, and how to do so quickly. [...]