The key to getting rich is no secret. It takes disciplined saving and investing over a long period of time. I frequently give examples such as if you invested $10,000 at age 25 at an assumed rate of 8% and added $500 every subsequent month you would have $2,177,959.01 by age 65 when you retire. Continue reading “Getting Rich Too Late”
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How Inflation Affects Debt
We have talked about the effects of inflation on the value of the dollar before. Now how does this translate to our everyday lives? One key thing to understand about inflation is how it affects debts that you may owe or that someone owes to you. Understanding the basics will not only help you understandContinue reading “How Inflation Affects Debt”
Why The Rich Get Richer
Everyone has heard the phrase “The rich get richer”, and that is a true statement in a lot of cases. Most wealthy individuals have a particular mindset that not only allowed them to gain extravagant wealth in the first place but also to continue growing their assets as they accumulate more and more resources. TheyContinue reading “Why The Rich Get Richer”
Money and Medicine for Millenials 