building wealth

Financial independence is a term typically used to describe a state where you have sufficient assets to live a certain lifestyle indefinitely without having to work or be employed.  Whether your income is derived from interest on savings, investment income, real estate income or something else, it really doesn’t matter.  The key is that you’re [...]

Economies develop and move forward under almost any conditions. Mankind can adapt, survive and even make a living in the totalitarian economies of Chavez and Castro to the laissez-faire, free market economies of Canada and Hong Kong. In a manner of speaking, free market is alive and well wherever people live. Sometimes it is a [...]

The first-time home buyer tax credit extension cleared a hurdle in the Senate today with a 98-0 vote, and it could be a done deal if approved by the House this week. All over the U.S., there is an increasingly heated argument over the benefits of the First Time Home Buyers Credit and this extension. [...]

Welcome to the 76th edition of Money Hacks Carnival. In this edition, I’ll be presenting some interesting and fun facts about money along with the submissions. For editor’s picks, please look for entries noted with (EP).

Money Fact #1: $1 bills wear out in about 17 months. Bills of larger denomination last longer because they are [...]

There are a lot of different ways to save money… and because of the current state of our economy now-a-days we are hearing more and more money saving tips on main stream media. The tips commonly addressed by the media are solid, but today I would like to challenge you to take your frugal living [...]

The second step in Moolanomy’s Financial Success Plan is one of the early steps to help you build a strong financial foundation. This step is meant to improve your cash flow, as such, its key components include starting a budget, reducing your expenses, and making more money. Improving your cash flow is simple. All you [...]

Achieving financial success doesn’t have to be difficult. You can achieve it as long as you want it and work toward it. Unless you’re one of the outliers, the road to financial freedom is a long one. As such, it’s best to bring along a good companion and have a road map to guide you [...]

Here’s a good video podcast by Dave Ramsey. In just 5 minutes, you can improve your chance of financial success — how can you say no to that? In this video, you’ll learn what Dave Ramsey is all about and what he teaches. I thought the segment on Baby Steps and Debt Snowball was particularly [...]

Dave Ramsey’s Baby Steps is a financial plan designed to help you get your finances in order, get out of debt, and achieve financial freedom. Dave Ramsey has taught these Baby Steps to millions via radio, The Total Money Makeover, Financial Peace University, and on DaveRamsey.com. In this article, I’d like to walk you through [...]

In this  Ask the M-Network article, Dan shared that he and his wife have fallen into debt and looking for advice to get back on track.  However, the Internet has both trustworthy and predatorial web sites, so he’s wondering where the best place to go for help.  Here’s the question from Dan:
Hi, My wife and [...]