Contributed article in our business series. Enjoy! – Kimberly
Tag Archives: Financial Management
Finance Strategies For Beginners
Contributed article in our business series. Enjoy! – Kimberly
The key word in life when talking about our financial state is investment. Simply put everyone should and could do it. A lot of people can make a lot of money from this very broad activity. The most common problem we encounter is the false presupposition that investing is impossible for the inexperienced beginner. Those kinds of concerns, especially in today’s abundance of information and investment opportunities, are unfounded. Anyone can understand the basics and move on from there. The trick is to get started as soon as possible. With whatever we currently can. In this article, we will go over the basic principles that go into all financial endeavors.
1. Knowing the Terminology
We do not need much to get started on our own investment journey, but we do need to know all the necessary terms. So, let’s go over the most basic ones to make our life easier down the line.Continue reading
Tips to Cultivate Willpower to Manage Finances & Build Wealth
Contributed article in our personal wealth series. Enjoy! – Kimberly
In football, the best coaches and coordinators with the sharpest playbook and most advanced plays won’t win games if their team can’t execute the plays. Taking care of your finances and building wealth are similar. A plethora of free knowledge is available from the experts regarding building wealth and achieving success, but few have the willpower and discipline to do what it takes.
But the good news is that willpower is a skill, not some genetic trait. There are ways to train your mind and learn from the best to climb your way to the top.
Finance is a Mental Game
Whether you’re building your first savings account, paying off credit cards or building a successful business, finances are almost always a mental game. Think of financial success in relation to diet and exercise — you can read every blog, hire every trainer and take every supplement — but unless you can actually execute, there won’t be any results.Continue reading