wealth for the future

Become a good money role model for your children

by Mitz March 5, 2010

We all know children are not born knowing how to handle money. We need to teach them. Everything we do and say is being recorded by a child’s brain. They are always watching their role models and pick up similar traits and habits. If you cannot manage your money, then how do you expect your [...]

Read the full article →

The Budget – The Ultimate Financial Management Tool

by Mitz November 28, 2009

A carpenter uses a set of house plans to build a house. If he didn’t the bathroom might get overlooked altogether. Rocket Scientists would never begin construction on a new booster rocket without a detailed set of design specifications. Yet most of us go blindly out into the world without an inkling of an idea [...]

Read the full article →

Making Money with Articles: Posting To Article Directories

by Mitz November 26, 2009

What are articles directories? Article directories are websites that house free articles. These articles are usually put there by whoever owns the copyright to them as a promotion method. Each article has the owners byline placed under it so that those who eventually read the article will know who wrote it (or at least who [...]

Read the full article →

Make money out your hobby by turning it into a business

by Mitz August 20, 2009

People have all sorts of hobbies that they love to do in their spare time.  Scrap booking, knitting, sewing, painting, surfing the net, or even blogging.  There are of course too many hobbies to mention them all and I will just say “each to his own”. I have always participated in a hobby in my [...]

Read the full article →

Rent a room out in your house to make more money

by Mitz July 21, 2008

If you have a spare room in your house and you think you can stand putting up with someone else’s habits, then by all means, rent it out. You could make $50 to $100. That can help boost your income and give you a steady start to saving money. If you just have a shed [...]

Read the full article →

What is passive income and how can I make it?

by Mitz July 4, 2008

Personal finance gurus are always talking about how in order to truly become financially free, you must have enough passive income to exceed your expenses. That’s great, but what is passive income and how do you get it? In its simplest form, income can be broken down into four categories: earned income, portfolio income, leveraged [...]

Read the full article →

Build Wealth the Right Way – Ten Easy Steps

by Mitz July 4, 2008

If you are reading this you probably are looking for a way to improve an important aspect of your life; your financial position. The idea of getting rich quick is grand but the possibility that it will happen overnight is slim. The programs you can find are often sold to the general population by a [...]

Read the full article →

Creating Passive Income — Finances

by Mitz July 4, 2008

Personal growth is like everything else, it takes time and dedication. This time can be hard to come by working 12 hours a day. So I wanted to take this opportunity to talk to you about what you are doing versus what you could be doing. Right now you are probably working your tail off [...]

Read the full article →

Build Retirement Savings – But Don’t Forget Income

by Mitz January 3, 2008

Build Retirement Savings – But Don’t Forget IncomeRoth IRA contribution here. Are you between the ages of 55 and 64? If so, you belong to a peer group that is apparently quite concerned about saving for retirement – but not at all sure how to convert those savings into a steady income stream. If this [...]

Read the full article →

Reverse Mortgages Can Bolster Retirement Income

by Mitz January 3, 2008

Reverse mortgages are becoming popular financial planning tools for seniors in retirement. When Social Security was first implemented in 1935 the average life expectancy was 65 years. Today people are living healthier lifestyles and with improved medical technology we are living far longer than Franklin D. Roosevelt ever imagined. This is a sort of good [...]

Read the full article →