No matter where you stand financially, the best time to practice healthy money habits is today. Building wealth and financial stability might sound complex, especially when you might be struggling with things like inflation. Yet, the practices themselves are actually very simple. Here are some basics to start you on the way.
Author: Deb
3 Financial Scams of 2022 and How to Avoid Them
If you ever look in your spam folder, you would likely see many emails telling you that you’ve inherited money from a distant relative or won the lottery when you never bought a ticket — obvious scams. Yet, there are other creative ways scammers come for your money that are less apparent. To avoid these, here are a few examples and how to avoid falling victim to them.
The 3 Most Damaging Types of Debt and Why
Debt can be a double-edged sword. On the one hand, you can use it to buy appreciable assets and grow wealth. However, acquiring the wrong kind of debt can sink your whole financial plan, leaving you worse off than where you started. In a climate where inflation shows no signs of slowing down, you need to know the most damaging types of debt and why you should steer clear.
3 Ways To Enhance Your Financial Well-being
Knowledge is power. That phrase applies to every aspect of your life and certainly holds true for your financial well-being. In fact, the more mindful you are about making, saving, and investing money, the less likely you are to struggle with your finances.
Can NFTs Really Help You Grow Your Money?
People looking for ways to grow their money and increase overall wealth might look toward the digital space. Non-fungible tokens (NFTs) are assets on the blockchain, like cryptocurrencies, and a relatively new asset you could add to your portfolio. The question is: Are they a good growth investment? The answer depends on the NFT itself.