finance-worldwide

How To Get Rich – 7 Secrets From The Richest Man In Babylon

By: Keeks Cunningham

Babylon. Its very name conjures visions of wealth and splendor. Its treasures of gold and jewels were famous throughout the ancient world. The book, The Richest Man in Babylon by George S. Clason, was first published in the 1920s. It is written in parable form using old-English and speaks of gold and gold coins in lieu of modern-day currency but the message is right on the money (excuse the pun)! In the book, Babylon is experiencing an economic downturn and the King approaches the richest man in Babylon called Arkad to teach Babylon’s citizens on how to create wealth.

Here is a summary of the fundamental ‘how to get rich’ tips from Chapter 3 in the book called “7 Cures for a Lean Purse”.

Step 1: Start Thy Purse to Fattening (more…)

Asset Protection – Retain Your Wealth

By: Charles Benninghoff

Asset Protection is everyone’s desire, but adults share a characteristic – that they may be sued at anytime, for any reason, whether founded or not.

Civil actions range from the serious to the frivolous. Did you offend someone today with something you said? Did you cause someone to suffer sudden whiplash syndrome in the parking lot? Are you a professional facing a disgruntled client or patient? Do you own a company employing someone who did something irresponsible on company time? Did you err on the side of caution… or throw caution to the wind?

Each choice you make might be construed as “actionable.” That is, someone might spin a good case – or at least a good story – about how you crossed a line in some way, and why you should now pay dearly for your failing.
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Building Wealth – Investment Basics

By: Howard Debs

Are terms like ROI, diversification, cap rates, risk analysis, puts & call confusing you? If you are seeking to build your wealth for retirement or to achieve life goals, you need an investment plan. My guide to basic investment fundamentals is simple to understand. It’s always best to start young saving and investing but it’s never, ever too late to start.
Investment Basics

Investments are both a hedge against insecurities of the future from inflation and for increased needs for money such as for retirement. Critical to investing is the power of compounding. This is what makes investing attractive. Your future wealth is decided largely by the prudent investment plans you undertake now. Investments always comes with an element of risk. It is for you to weigh the level of risk with possible rewards. Understanding risk is the cornerstone of investment fundamentals.
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Wealth Creation

By: Guy & Michele Luminato

Six Steps to Financial Freedom
Have you ever wondered how the rich get richer? Have you wondered how to get out of debt and actually be wealthy yourself? Here are six proven steps to creating your financial freedom.

Step One – Create a Vision. It is possible for you to reset your destiny. Your past experience will not dictate your future. Create your plan, set your goals, and lay out what it will take to achieve the goals. Don’t let fear, and lack of knowledge stop you. You will need to discover how growing yourself personally impacts the growth of your money.
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Top 5 Motivation Books For Wealth Accumulation

By: James W Terry

It is not how much you earn but what you do with what you earn is what makes the difference – Wealth accumulation is all about your mind set. If you don’t have the right mind set then irrespective of how much you earn, you will not accumulate much. The good news though is that you can learn the ‘wealthy’ mindset. There are lot of good motivation books which teach you the right technique and strategies – read and implement these tips and you will be on your way to financial freedom.

Here are top five recommendations for wealth accumulation motivation books:
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How to Get Wealthy After Age 40

By: Carla Jewel Livingston

It a great possibility you can get wealthy if you are almost 40, at age 40 or older. Many people miss out on experiencing the joy in life, because they have a bad habit of following the traditions and beliefs among public opinion within our society. They become followers rather than leaders. They never allow themselves to be who they are, a vibrantly unique soul. Therefore, this is why we have a troubled society, many people who have given up are mostly those who have reached a specific age and feel life is over. They see younger generations getting rich at the age they were not taught about being wealthy. They see younger generations knowing about certain prosperous innovations they are yet trying to learn. This really hurts and causes division among certain age groups. A great percentage of people age 40 and over become bitter and angry, because they lack financial freedom and so they just continue to work for other people without realizing they still have the capabilities to succeed and achieve anything they want out of life. One important thing for people to realize as they turn 40, life expands as long as we allow it to expand and it can expand into infinite wealth, without a doubt.
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Five Things You Can Do Right Now To Increase Your Personal Wealth

By: Robert Lee

1. Pay yourself first

The hardest thing to do is save money. We all talk about it but few of us actually do it. And living paycheck to paycheck isn’t really living, is it?

There are no fun vacations in the future, no bigger houses, newer cars, nothing, because you couldn’t put a few dollars aside for a rainy day.
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Know Your Finances – The 1st Step Towards Financial Freedom

By: Ann Marosy

One of the greatest mistakes you can make in managing money is not knowing where your money is going. About 90% of people who come to see me do not know exactly how they spend their money. Some may have small notebooks where they scrawl their monthly accounts but when they start to put everything down on paper, they are always surprised, if not shocked, to see the real state of their finances.

As obvious as it seems, most people just do not know their finances. This is always the most difficult part of managing money because, invariably, this is often when they realise they are spending more than what they earn. Money matters simply scare people. They are terrified to know how out of control their finances are. Yet, this is precisely what needs to be done before you can start working on a solution.
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