Over the past five years of owning this site, I’ve likely read dozens of books and thousands of articles to keep my brain fresh on the topic. Today, I still find myself yearning for knowledge through books and websites, but I also enjoy sharing my findings with my readers as well! After scouring the web this past week, I found five solid articles that I believe everyone should read. I hope you review them, learn a bit, and become just a little bit wealthier because of them! Enjoy!
– by Financial Samurai – Sam has been trying to develop a passive income over the past few years that totals $200,000 a year (quite a lofty goal). Unfortunately, he fell short of his goal, but by putting his money in savings, the stock market, and real estate, he was able to amass a passive income of $175,200 a year, which is certainly nothing to sneeze at! Be sure to follow the link and read his full account. Sam is a great guy to learn from.
The 27 Highest Paying Jobs That Don’t Require a Bachelor’s Degree
– by Business Insider – I’m always intrigued by these lists, and this one was certainly no exception. There are quite a few college students out there that are told they need to go to college to be successful, so they do. But, they have absolutely no idea what they want to do with their lives, even when they graduate with a random degree four years later. If they were given more specific instructions, they could graduate in as little as two years and earn well over $60,000 a year at work! Of this list, the one that surprised me the most was #8, the dental hygienist. They earn over $70,000 a year! Who knew?
Can You Afford to Live Until 100?
– by Consumer Reports – Through a wide variety of factors these days, many people are choosing to leave the work force and retire. When these folks retire, they sometimes don’t have enough money to pay for 20 years of their retirement, let alone 30 or more! Are your investments where they need to be if you happen to live until you’re 100 years old? This article from Consumer Reports will make you think about your retirement planning a little harder than you may have before.
Why a Teenage Bank Teller May Have the Best Summer Job
– by The New York Times – In my opinion, there are two purposes to working a summer job as a teenager: (1) to make money, and (2) to learn as much as you can about life. By working as a bank teller, not only can you earn a few bucks, but you get the opportunity to talk to real people about real money problems every single day! I never worked as a teller, but after reading this article, I kind of wish that I did.
The Importance of Tracking Your Net Worth
– by Save Money – When I started tracking my net worth in 2010, I was worth less than zero dollars (thanks to those student loans). By focusing solely on that number though, I have grown my worth substantially and have a few more solid ideas for how I could increase it even faster in the upcoming years. At the very least, you just want to be sure that your net worth is continually increasing during your working years. If it’s not, then you’re probably headed for trouble!
What did you learn from this articles? Which was your favorite?
My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.