Why is it a bad idea to apply for a subprime loan? What follows is not MY advice, but rather the advice from credit reporting agencies like Experian, and from government watchdog agencies like the Consumer Financial Protection Bureau. I preface today's article with that disclaimer because I want the message to be clear; applying for a subprime loan is something most consumers should think twice about doing. And that is according to the … [Read more...]
5 Ways How Experts Monetize Knowledge
What does it mean to monetize knowledge and what are the ways experts earn money from their experience? There are many ways to do this if you know how. And learning how is easier than ever with the advent of so many publications offering to help you do just that. A word of advice; monetizing your knowledge should be done with care. It is illegal to make unsubstantiated health claims, dispense legal advice without the proper state credentials, … [Read more...]
5 Strategies For Increasing Net Worth
Are you looking for strategies for increasing your net worth? You’ll read a lot of blog posts out there purportedly offering “strategies” but then just give you the same old standard advice with absolutely ZERO specifics. One blog I read on the subject, one that specifically used the word “strategies” in the headline, offers pearls of wisdom like this: “It takes more time to make money than to spend it.” But wait, there’s MORE: “...the … [Read more...]
How Can Saving Money Affect Economic Growth?
How can saving money affect economic growth? It depends on what you mean by the question; there is personal economic growth and the kind of growth that happens under a national economy. This question isn’t twofold; they are really two entirely separate issues. How Saving Money Can Affect A National Economy There are scholarly studies about the effects of saving money on the national economy; one cannot underestimate the power of the ebb and … [Read more...]
Generate More Income With A Side Gig
Do you know how to generate more income with side gigs? No, we’re not talking about getting a job as a server, a bartender, or working in a coffee shop. For our purposes here, the term “side gig” refers to something you could conceivably turn into an important stream of income or even a “side career”. Side gigs are not always easy to land. It helps to know someone in the industry you want to break into, because the first thing you will want to … [Read more...]