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8 Ways to Make Money. Spoiler alert: only 3 work

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?

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

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 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

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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