Image by Giorgio Trovato It’s all over TikTok. It’s praised on finance blogs and shouted from YouTube channels. Everyone seems to think this one saving strategy is the secret to financial success….. But is it? Whether it’s the 50/30/20 rule, the no-spend challenge, or high-yield savings accounts, the internet loves…
Finance
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Avoid Income Plus Arbitrage Funds: A Risky Tax Gimmick
Thinking about Income Plus Arbitrage Funds? Know the pros and cons, hidden risks, and why pure arbitrage funds may still be the safer alternative. In the fast-changing world of mutual funds, innovation often walks a fine line between genuine need and marketing gimmick. After the government removed indexation benefits from…
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9 Dust-Covered Collectibles Lurking in Your Basement That Could Bank You Four Figures
Image by Travis Yewell Your basement might seem like a forgotten space filled with old furniture, seasonal decorations, and random boxes of junk. But what if we told you that buried under those dusty piles could be a small fortune? Many people don’t realize it, but certain everyday items—some tucked…
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Flip One Switch on 7 Appliances and Slice Next Month’s Utility Bill in Half
Image by Arthur Lambillotte It’s easy to blame your soaring energy bill on weather, rates, or square footage, but the real culprit might be sitting quietly in your home, sipping power like it’s happy hour. A lot of appliances you use daily (or even forget about entirely) are designed to…
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8 Peer-Pressure Splurges Making You Broke While Your Friends Barely Notice
Image by Stefan Vladimirov Let’s be honest—some of the most expensive decisions you’ve made probably weren’t about what you wanted. They were about what others might think. Peer pressure doesn’t always come in the form of someone daring you to take a shot or break a rule. Sometimes, it’s silent,…
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9 Depreciation Shocks No One Warns You About When You Buy New Wheels
Image by Sarah Brown Buying a new car feels like a milestone. The shiny paint, the flawless interior, that intoxicating new car smell—it’s all part of the dream. But as soon as you drive it off the lot, that dream takes a financial hit. And not just a little one.…
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The Link Between Wealth and Power
I once heard it explained that when you have more money than you need, that’s wealth. When you use your money to make a difference, that’s power. In my experience, wealth and power are inextricably intertwined. Once a woman becomes financially secure, her motivation shifts from making more money to leaving a…
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Medical Emergencies Come First & Pay it off, Young Lady!
Medical Emergencies Come First Dear Dave,I recently experienced a medical emergency and unexpected hospital stay. I’m about halfway through Baby Step 2, and I’m paying off my debts using the debt snowball system. I have good insurance, but should I put Baby Step 2 on hold for now due to…
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How Non Tax Revenue Supports Business and Growth
The government has many sources of income, but if we were to classify them, they can be broadly divided into tax revenue and non tax revenue. While tax revenue makes up the lion’s share of the government’s income, non-tax revenue also plays a crucial role in the country’s development. Let’s…
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10 Reasons Most People Will Never Become Rich
Reason #1 Uncertain How to Become Rich In my five-year Rich Habits Study/Research, I learned a something profound – There are 4 very specific paths to accumulating wealth: Saver/Investor Path – Save 20% or more of your income and consistently/prudently invest those savings. Big Company Climber Path – Working for a…