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Showing posts from May, 2022

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15 Investing Principles Only Rich People Know

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Warren Buffet once said, you only find out who is  swimming naked when the tide goes out. What the   investing guru meant by this is, it is only  during a weak economic environment that the   real investors succeed. When the environment  is good, it’s easy to neglect all caution. During this time, almost all investment options  do well and investors take home positive returns.   However, during an economic turmoil, is when  investors really see the need of applying the core   principles of investing. These principles are so  important but only the few elite know about them.   And never has it been a better time to learn  how to invest like now. Several parts of the   economy have been tanking with after-effects of  the pandemic and uncertainty due to a possible   world war, but still some rich people have made  more money than ever. And how did they do it? Today here on practical wisdom,   we are going ...

The Golden Rules of Money - How To Be Good With Your Money

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The Golden Rules of Money - How To Be Good With Your Money  To be good with money is something  that many people aspire to achieve,   and the good news is that anyone  can become good with money.  Of course, being good with money means different  things, to different people. Most people would   agree it’s knowing how to save and invest,  where to cut costs, having good cash flow,   and managing debt. Others say it’s about  always having a backup plan, keeping a good   credit score, or having a plan for retirement. While most people think that managing money is   something that comes naturally, the truth of the  matter is that it’s a skill just like any other.   While some people are better at sports than  others, the same principle applies with money, you   just need to learn how to handle and manage it. And fortunately for you, there are plenty of tips   that can help you think about money differently,...

What rich people don’t want you to know about money

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 if you ever had the thought or  impression that there must be some  secret insider knowledge about making  money that only rich people know this is  probably because there is  the richest one percent of people now  hold more than 40 of the world's wealth  and this is not by luck or chance after  all the rich don't believe in that  but even though the chances of an  average joe becoming a billionaire are  slim we can still manage our money like  one  the truth is it usually comes down to  two principles   drive and smart financial planning  so here are secrets rich people don't  want you to know about money but we're  going to share them with you anyway  so grab a pen and paper and be ready to  take down notes because these principles  can get you closer to achieving your big  goals  before we get into the video welcome to  practical wisdom and on this channe...

Top 10 ways to make money online

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 Did you know you can actually make money online? yeah that’s right, and all you need is a computer or phone with internet access. So in this article, I’m going to show you 10 websites where you can actual start making some side cash or if you are really serious, some good Money! isn’t that amazing! On some of these websites you can actually make as much as a 100 dollars a day or even more, and the best part is, you don’t have to quit your 9 - 5 job, you can make this money, working in your free time. On the internet, there are two distinct ways of making money. The first way is active income. With active income, its like your normal 9 -5 job. You only get paid for the work you do. If you do not work, you don’t make money, as simple as that. The second way is through passive income. This is my favorite method because, with active income, all you do is put in the work once, and the money in theory should keep rolling in, without you having to do any more work other then maybe promot...
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  Top ways to make money from home online or offline Modern technology has developed to such a degree that it’s extremely easy to turn anywhere into a workspace. Job roles have evolved with the digital age, with many only requiring a computer, bank account, and internet access to fulfil daily tasks. If you’re someone who focuses better at home without the distraction of (what can be) a busy, noisy office environment and feel your commuting costs are eating up a chunk of your salary, then it might be worth having a think about how to make extra money from home. These ideas aren’t necessarily about starting a home business, as that can be a lengthy and complicated process. These are quick ideas for side businesses or handy extra cash projects that could keep you financially happy without stepping near a station or overcrowded Starbucks. They can fit around your lifestyle, which is helpful if you have a young family and need to save money on travel or can’t commit to the 9-5, or even ...