Simple Practices that Lead to Wealth
Last month, I did something I have never done in my life. I quit my job without having another job lined up. This is something I would have never dreamed of doing a couple of years ago.
I read a statistic today that blew my mind: 21 percent of those with salaries of $100,000 or more are living paycheck to paycheck.
Everyone seems to have an excuse these days for not saving any money and most are based on this argument of “I can’t afford to save”.
When I started out with my very first investment, I was “recommended” a mutual fund with an 8.5% front-end load. For those who aren’t familiar with a load, this meant that for every $100 I invested, only $91.50 made it into my account.
What if you have a solid financial plan and good investments, but the market tanks and you lose a lot of money any way?