A 53-year-old worth $3.4 million is sticking with 2 strategies to keeping...
John, the blogger behind ESI Money, interviews millionaires about their income, savings, investments, and wealth-building tips.In a recent feature, a 53-year-old business owner with a $3.45 million net...
View ArticleMy dad taught me debt was the enemy, but he was wrong. I wish he'd taught me...
Growing up, my dad taught me and my siblings that all debt is bad. That lead to a lot of shame around credit card use and even car loans. In my 20s, I realized that debt could be a powerful tool for...
View ArticleA man who interviewed over 150 millionaires says getting rich boils down to...
John, who runs the personal-finance blog ESI Money and doesn't share his last name online, has spent the past few years interviewing millionaires.John was a business executive for 28 years before he...
View ArticleHere's exactly what millennials should be doing every five years to become...
Becoming a rich millennial isn't impossible.A financial planner shared the key steps people should take at milestone millennial ages — 25, 30, 35, and 40 — to build wealth.Millennials should be all...
View ArticleThe 7 types of accounts you need to accelerate your wealth, according to a...
If you've got all or most of your money in a single investment account, you're missing serious opportunities to build wealth.One of the biggest wealth secrets is to earn money on your money, whether...
View Article7 signs you're spending more money than you can afford
How much you should spend vs. save varies from person to person; it depends on the type of lifestyle you want to live now and in the future.Still, there are a few signs that indicate you could be...
View ArticleI'm a financial planner, and I've found people who build wealth most...
As a financial planner, I've learned that the choices you make with your money today are the most important part of building wealth.The people I've worked with who build wealth most successfully tend...
View ArticleI'm a self-made millionaire and the biggest money mistake I've made isn't...
Opportunity cost — the investment choices you didn't make — can easily be your biggest money mistakes. That's what happened to me.Now, I'm a self-made millionaire, but I would have built wealth much...
View Article4 types of money mistakes that will stand in the way of building wealth
After five years of studying people at opposite ends of the wealth spectrum, I was able to identify behavior patterns that lead to bad money decisions.Those patterns include letting ego drive your...
View ArticleA startup founder who spent 100 hours interviewing millennials found 3...
Sunny Israni, founder of personal finance app Clasp, spent over 100 hours interviewing millennials about their money perspectives and habits. In his interviews, he found that millennials who aren't...
View Article6 important lessons I learned from my parents about Black wealth in America,...
The racial wealth gap in America is very real. As a Black woman, my parents have been preparing me to confront it all my life.Growing up, they taught me that education was a critical stepping stone to...
View ArticleI'm a financial planner, and I've been telling my millennial clients to do 3...
Millennials know the potential financial repercussions of the COVID-19 pandemic aren't once-in-a-generation — we've been through this before, during the Great Recession.But that also means we know...
View ArticleI'm a financial planner, and my wealthiest clients have the same 3 habits
I've been working with wealthy clients for nearly 15 years, and I've noticed they have a few habits in common.While everyone's path to financial success is different, it may be worth considering these...
View ArticleI think personal finance influencers are wrong to avoid race in money...
As a personal finance influencer, I know many fellow influencers who avoid talking about how race and politics affect finances.But I think they're wrong to avoid those topics because race and politics...
View Article7 insights about getting rich buried inside Benjamin Franklin's 250-year-old...
Over 250 years ago, Benjamin Franklin wrote an essay on money and success in "The Way to Wealth."The tips are written as proverbs but offer mindful advice around wealth-building principles that are...
View ArticleFather-son financial advisors say their most successful clients practice 4...
Summary List Placement Gerald Grant Jr. and Gerald Grant III are financial advisors in Miami and coauthors of a new book about building generational wealth.They specialize in wealth management, estate...
View ArticleA Miami financial advisor who paid his preteen kids cash to read a...
Summary List Placement Gerald Grant Jr. and Gerald Grant III are financial advisors in Miami and coauthors of a new book about building generational wealth.Gerald Grant Jr. once asked his daughter to...
View ArticleA financial planner who's helping Americans of color build generational...
Summary List Placement Pam Capalad is a certified financial planner and founder of Brunch & Budget, a fee-only financial planning firm.Capalad says there are persistent psychological barriers...
View ArticleFather-son financial advisors say there's an easy solution to avoid spoiling...
Summary List Placement Gerald Grant Jr. and Gerald Grant III are financial advisors in Miami and coauthors of a new book about building generational wealth.In order to keep young adults with access to...
View ArticleAt age 2, my son has more money in the bank than I did at 18, and it's part...
Summary List Placement I'm using a buy-and-hold investing strategy to create generational wealth for my family.Within weeks of coming home from the hospital, my son and daughter each had a 529 college...
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