Browsing Tag

money

Prosper

A Side Hustle Could Be Your Best Investment

You can always find statistics that show our collective financial pains…unemployment rates, low minimum wage, can’t afford to retire, many people have less than $1,000 in savings, at a time when the average indebted household owes more than $16,000 on credit cards etc etc. The merry-go-round of depressing news never ends. But, what should we do? Lay down and die? Could a Side Hustle Be Your Best Investment Yet? While you can certainly settle for your salary and make the…

Continue Reading

Prosper

Solution: 37% of Gen X say they won’t be able to afford to retire

Add Gen Xers to the long list of people who fear they won’t have a sizable enough nest egg to retire. Nearly four out of 10 (37%) of Generation X — those born between 1965 and the late 1970s — say they would like to stop working for good and “fully retire” someday, “but will not be able to afford to,” a new survey from TD Ameritrade, an online broker based in Omaha, found. Other retirement findings: 43% say “they are…

Continue Reading

Prosper

Money Wisdom

It’s just my humble opinion that many people choose to spend a lot of time talking and rationalizing about why they don’t need money, or they’re happy without money, or that money isn’t everything. And that’s fine. But for those who decide to choose to focus on wealth creation… to get wise and work towards the freedom that wealth can bring them, here’s a list of Money Wisdom I have beside my desk for years now…not even sure of where I found…

Continue Reading

Prosper

What’s Your Money Style?

Most of us start our money acquiring as an employee…responsible to a manager, & trading hours of our time for dollars. Most of us remain with this style of money. Some of us, as I did, by becoming a freelance performing musician, enter the world of the self employed or small business. Here we find out about tax breaks we weren’t allowed as employees.. but we are still in the “hours for dollars” money style. Show up, or no money. Doctors, Lawyers, hairdressers, landscapers, …

Continue Reading

Prosper

Freedom My Story

There are polls/surveys that say over 70% of people wish they could own their own business rather than work for someone else. One friend of mine told me she used to “have the widget dream” ALL the time…you know, that invention of yours, that IF ONLY…….& the years go by…So what stops people from launching a  biz? No useful ideas? no start up capital? no time?  no courage? The vast majority of us are raised and educated in the employee paradigm and…

Continue Reading

Prosper

Saving $100,000.00 ?

Check out this Royal Bank of Canada suggestion to “better” your life..photo below!!! Ha ha. Let’s pretend you wanted a bit more than $410.89 per month in retirement…how about a modest $3000.00/month so you could live somewhere other than on a park bench. That will require about 8x the savings, so $800,000.00 in the bank. How yah doing with that savings plan? Or maybe you’re stashing money in an RSP/401K. Have you ever figured out just how much you’d need in your RSP/401K to…

Continue Reading