LATEST ARTICLES
Do you master the cumulative power of savings?
We often underestimate the impact of small and consistent actions. That's often the case with monthly savings. If you struggle to see the impact of monthly savings, look twice! Today I take the example of remittances that economic migrants send back home. Those...
8 Ways to Make Money. Spoiler alert: only 3 work
Are you looking at ways to make money, become wealthy and achieve financial freedom? Inspired by a thought-provocative list published by Financial Planner David Bach (author of the Automatic millionaire), I share my updated version: 8 ways to become wealthy! Spoiler...
Diversification or diworsification?
You might have surely heard debates about two different investment strategies: the concentration of the investments vs the diversification of the investment. The debate could seem merely entertaining. After all, we have all heard the old adage about "not placing all...
FINANCIAL WORKOUTS
How to achieve 1 million dollar of Net Worth
With 1 million dollars of Net Assets (wealth), an individual is among the world's 1 Top % together with other 46.8 million people. At first, it could sound like an excellent achievement to join the bottom end of the 1 % top tier, but it is not. $ 1 million is a...
How to Use the Rule of 72 to double my money
How long does it take to improve your financial outlook and reach your financial goals? For instance, how much would it take to double my assets? THE RULE OF 72 The “Rule of 72” states that the amount of time required to double my money can be estimated by dividing...
How to calculate my Financial Freedom Number using the 4% rule
What amount of money makes us feel we have reached “financial security” or “financial freedom”? Do we know the number? Is it 500,000? 1 million? 10 million? Most of us are scared to look at our current financial position. Somehow it is like knowing to be out of shape;...
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