Advice to New Credit Card Users

A friend’s son is ready to get his first credit card, and she asked me to help break down the basics to set him on a good path to credit management and fiscal responsibility. No matter your age, it’s always a good practice to continue financial education – read on for some tips to understand and manage your credit cards better! Read More…

Why Passive and Residual Income are Important

It is possible to earn residual or passive income – and it is well worth the effort needed to set up. The formula for becoming financially free is to have your passive (or residual) income surpass your monthly expenses. Once you can cover your monthly expenses with income that requires little to no effort on your part, you can spend your time doing anything other than punching a clock! Read More…