Tag: wealth
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Chapter 22: Renting Vs. Buying
Thinking of buying a home? Renting vs. buying can be a big deal for some people, especially with your home being your biggest expense. The no. 1 argument for buying is building equity and not paying someone else for the right to live somewhere. Although true this equity can be easily wiped out with one…
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Chapter 21: Soaring Interest Rates
What’s Going On? Times are becoming tougher and we are all starting to feel the effects of inflation. Right now with soaring interest rates, it’s making it really difficult to borrow money. We have to think twice before we make a big purchase or end up paying the price. Credit card interest rates are at…
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Chapter 20: Passive Income
Getting paid to do nothing is one of life’s greatest achievements. It’s like getting paid to sleep. Seems too good to be true right? Well it is and it isn’t. Getting to a significant livable passive income is the difficult part, but at least the path there is easy. There are many ways you can…
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Chapter 19: Stock Options Explained
Stock options are the right to purchase or sell stock at an agreed price. These can be seen kind of like contracts to buy or sell 100 shares of a company’s stock. Usually named call options and put options. Buying an options contract won’t force you to buy or sell 100 shares of a stock…
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Chapter 18: 401(k), IRA vs ROTH IRA
The difference between an IRA and a ROTH IRA can be confusing for some. In this chapter I will explain the key differences between the two retirement accounts and their key advantages. “Do I need to have both accounts?” I would recommend having both but again this depends on your circumstances. An IRA and a…
Money Ain't Sh*t 