Using a covered call strategy can be an effective way to boost your monthly income on your dividend growth stocks. It is a relatively safe way to earn additional income on your investments while protecting potential downside risk. Let’s dig into the best stocks for covered call writing.
Dual income and no kids (or DINKS) couple can have a number of issues as a result of having too few financial obligations. As a DINK couple myself, these points are critical for me to teach other on how to maintain a proper financial lifestyle.
A personal financial statement shows an individual’s net worth and their general financial position. It also shows the breakdown of the individuals’ total assets and the total liabilities. Personal financial ratios help to make sense of the individuals’ personal financial position. Think of these accumulated wealth tips for growing your personal financial statements and improving your personal finance ratios. Continue Reading
If you want to evaluate your personal financial position, you can use the personal financial ratios which are comparisons of the financial statistics and are calculated by dividing one number by another. These personal financial ratios examine and measure the relationships between two different items. Continue Reading
How do you plan your finances? Do you know your total net worth? You do not have to rely on the services of a costly financial adviser to help you create a personal financial plan. Let’s do a WeVest review to help you make some better personal financial management decisions to secure your financial future. There are plenty of key financial ratios that you need to understand when planning your financial future. Can WeVest solve them? Let’s do a review of WeVest. Continue Reading
Popular quotes about financial freedom are epic financial ideas put in a nutshell or in a few words. These quotes about financial freedom help to motivate, inspire and encourage one on their financial pursuits. Continue Reading
Let’s break down the true meaning of accumulated wealth. Our analysis includes insightful information on net worth and income to help determine how you can attain wealth and become financially free. Continue Reading
Who doesn’t love the movie Scarface? This was an instant classic and a lot can be learned financially from Tony Montana, so why don’t we discuss it? Who better than Tony Montana? We are striving to be a mob of millionaires, right? Millionaire Mob is a community of over 3,000 mobsters seeking financial freedom, so we have a lot to learn. Especially in terms of money management. One thing we won’t do is achieve financial freedom the way Tony Montana did. After re-watching Scarface, here are 7 money management tips I learned from Tony Montana. Continue Reading
Caught up in the rat race, the humans of this world have often been identified to be exuberating similar forms of behavior when it comes to competing with each other. Millions of people wake up every day, go to work in a monotonous routine. What each individual works for is a better future, a better financial life. For this, people save and invest with the intention to build up wealth for their future. You can gain financial freedom if you stick to a plan used by millionaires.
However, very few, in fact only a handful of these individuals are able to achieve success in building up their wealth. These people eventually become what we term as “Millionaires or Billionaires”. Why? Because the stashes of their wealth can be quantified in millions and billions. Continue Reading
Due to the differences in age and often income, millennials need to plan for retirement in a different way than older generations. Millennials are often early in their careers and may sometimes choose to focus on career growth and neglect retirement. Here are the top 5 millennial retirement strategies to build your path to financial freedom. Continue Reading