Financial Literacy Archives

10 Habits of the Rich Vs the Poor (Based on Financial Literacy)

Financial Literacy, Personal Finance, Wealth / Steve Burns

Financial literacy often marks the invisible divide between wealth-builders and those who struggle financially. While income plays a role in wealth creation, research consistently shows that financial habits and knowledge are equally powerful determinants of long-term economic success. Ten contrasting patterns aren’t based on stereotypes but on observable financial behaviors supported by research. The good […]

10 Habits of the Rich Vs the Poor (Based on Financial Literacy) Read More »

10 Habits Of The Wealthy Vs The Broke (Financial Literacy)

Financial Literacy, Wealth / Steve Burns

Financial success rarely happens by accident. Research consistently shows wealth accumulation is more closely tied to daily habits than inheritance or luck. According to Thomas C. Corley, who spent five years studying the habits of the rich and poor, many self-made millionaires read two or more books per month. In contrast, only a tiny fraction

10 Habits Of The Wealthy Vs The Broke (Financial Literacy) Read More »

America’s Biggest Wealth Killer No One Is Talking About

Financial Literacy, Personal Finance, Wealth / Steve Burns

1. The Silent Financial Crisis Affecting Millions of Americans Financial illiteracy has become America’s most devastating wealth killer, silently eroding the financial potential of millions while rarely making headlines. At its core, financial literacy encompasses understanding and effectively applying various financial concepts and skills—from budgeting and saving to investing and managing debt. According to the

America’s Biggest Wealth Killer No One Is Talking About Read More »

What is Liquidity?

Financial Literacy / Steve Burns

Are you looking for ways to increase your trading and investing success? Understanding liquidity is key. Liquidity refers to the ease with which an asset can be bought or sold in the market without affecting its price. Knowing what assets have high and low liquidity and the benefits of focusing on highly liquid assets is

What is Liquidity? Read More »

The Most Valuable Financial Asset You Will Ever Have

Financial Literacy / Steve Burns

The importance of financial literacy makes it your most valuable asset you will ever have. Both understanding and also having the ability to use financial principles efficiently in your personal life is financial literacy. The concepts of budgeting, paying bills, investing, maintaining good credit, limiting debt, and managing a retirement account are all areas of

The Most Valuable Financial Asset You Will Ever Have Read More »