Advice from The Richest Man in Babylon

You have been working very hard all your life. Yet, you found yourself in the same financial situation over and over again. Your income is barely enough to cover your basic needs. You are trapped in the rat race. You often wonder, what is it that you have been doing wrong? How come there are some people who are getting richer and richer by the day while you who had been working very hard is getting nowhere?

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Do You Work for Money or Do You Let Money Work for You?

An income is the money that you received from work or from your investments. Without income, you will not be able to pay for your living expenses.

There are two types of income: active and passive income. Continue reading Do You Work for Money or Do You Let Money Work for You?

How Financial Literacy Can Change Your Life

Are you constantly worried about money?  Are you struggling to meet debt obligations?  Do you feel that your salary is not enough to cover your monthly expenses?  Are your financial worries so stressful that they are already gravely affecting all aspects of your life including your health and personal relationships?

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10 Ways in which Rich People Think Differently

How many athletes, movie stars, heirs and lottery winners do you know who have gone from filthy rich to flat broke? Although it is hard to create massive wealth, it is even harder to maintain wealth over a long period of time. Whether it is creating or maintaining wealth, the secret behind it is having the correct mentality. The truth is that rich people think differently than the average person. So, if you want to be wealthy, you got to have the correct mindset.

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