Browsing Tag:money

The Quintessential Key to Building Wealth: It’s not What You Think

budgeting

The research is in. The findings are conclusive. Anyone can create the lifestyle and legacy that they want—even you, especially you! The good news is that if you want to grow wealth, you don’t have to time the markets perfectly, make a six-figure income, or inherit a fortune from your deceased uncle. The bad news is that it’ll take work and you’ll have to do the exceptionally boring, yet all-important task to get you there—budgeting. Budgeting is the most essential…

Life-Money Goals and the Parable of the Mexican Fisherman

A vacationing American businessman standing on the pier of a quaint coastal fishing village in southern Mexico watched as a small boat with just one young Mexican fisherman pulled into the dock. Inside the small boat were several large yellowfin tuna. Enjoying the warmth of the early afternoon sun, the American complimented the Mexican on the quality of his fish. “How long did it take you to catch them?” the American casually asked. “Oh, a few hours,” the Mexican fisherman…