Personal Finance Archives - Page 2 of 22

Why Retirees Are Returning to the Workforce in Droves

Personal Finance, Retirement / Steve Burns

The current phenomenon of retirees rejoining the workforce has become increasingly prominent, marking a significant shift in the retirement landscape. In an era where financial stability is a growing concern, understanding why our senior community is moving away from traditional retirement and back into employment is important. This article explores the diverse reasons behind this […]

Why Retirees Are Returning to the Workforce in Droves Read More »

The True Value Of Having A Fully Paid-Off Home

Personal Finance, Real Estate / Steve Burns

Owning a home outright is an aspiration for many, a milestone that signifies more than just a financial achievement but also peace of mind. The essence of a fully paid-off property’s value is security and financial peace. This achievement marks a turning point in people’s lives, where the burden of mortgage payments is lifted, paving

The True Value Of Having A Fully Paid-Off Home Read More »

10 Saving Secrets Most Self-Made Millionaires Follow (Smart Frugal Living)

Personal Finance / Steve Burns

The saving secrets followed by self-made millionaires often show a less traveled but more effective path to building wealth. Contrary to popular belief, extravagant spending and high-profile lifestyles aren’t typical for most millionaires who have successfully navigated their way to a seven-figure net worth. Instead, it’s a blend of innovative saving strategies, frugal living, and

10 Saving Secrets Most Self-Made Millionaires Follow (Smart Frugal Living) Read More »

7 Things Poor People Waste Their Money On in 2024: Warren Buffett

Personal Finance / Steve Burns

In finance, understanding where money is often squandered can be as crucial as knowing how to invest it. In 2024, the teachings of Warren Buffett, the Oracle of Omaha, remain more relevant than ever with the current inflation rate and real estate costs. Renowned for his investment prowess and frugal lifestyle, Buffett’s insights offer invaluable

7 Things Poor People Waste Their Money On in 2024: Warren Buffett Read More »

8 Ways Boomers Saved Money That Millennials Ignore

Personal Finance / Steve Burns

In an era where financial habits are rapidly evolving, it’s intriguing how the Baby Boomers, a generation known for their thrifty ways and wise money management, navigated their finances. This contrast becomes especially stark when held up against the spending tendencies of Millennials, a demographic often characterized by a different set of priorities and financial

8 Ways Boomers Saved Money That Millennials Ignore Read More »

The Biggest 5 Mistakes With Money

Personal Finance / Steve Burns

Have you ever wondered where your money disappears from month after month? Managing finances is more than just making ends meet; it’s about strategic planning and avoiding common pitfalls that can jeopardize your financial health. This article explains the five worst money mistakes people often make. From delayed retirement savings to living in a high-cost

The Biggest 5 Mistakes With Money Read More »

A Simple Breakdown of the 20/3/8 Car Buying Rule

Personal Finance / Steve Burns

Buying a car is a significant financial decision that can impact your finances for years. To navigate this process wisely, the 20/3/8 Rule offers a solid framework. This Rule helps ensure that your car purchase aligns with your financial abilities. Understanding the 20/3/8 Rule: A Smart Car Buying Strategy The 20/3/8 Rule is a guideline

A Simple Breakdown of the 20/3/8 Car Buying Rule Read More »

4 Worst Things To Spend Money On

Personal Finance / Steve Burns

In personal finance, understanding what not to spend money on can be just as crucial as knowing where to invest. Frequently overlooked or underestimated, some areas can significantly impact your financial success. This article aims to show why certain spending habits harm financial health and offers guidance on more intelligent, sustainable financial choices. Let’s explore

4 Worst Things To Spend Money On Read More »

These 5 Money Habits Will Keep You Poor: Stop Doing This

Personal Finance / Steve Burns

Financial habits can make or break your economic future. It’s essential to recognize the patterns that lead to poverty and take decisive action to avoid them. The line between thriving financially and remaining trapped in a cycle of scarcity often hinges on daily decisions. From the pitfalls of earning just enough to the dangers of

These 5 Money Habits Will Keep You Poor: Stop Doing This Read More »

If You Have $1000 In The Bank: Do These 5 Things

Personal Finance / Steve Burns

Stashing away $1,000 in your bank account is a commendable first milestone, and deciding how to utilize it wisely can be a game-changer for your financial well-being. In personal finance, such a sum presents a unique opportunity to set the first foundation for long-term financial security and growth. This article dives into five strategic financial

If You Have $1000 In The Bank: Do These 5 Things Read More »