What do braces, falcons, and Cuban cigars have in common? Depending on which part of the world you live in, all three of these items are considered to be status symbols! Status symbols are primarily objects and goods that people buy as a sign of their social status, economic standing, or personal
10 Recurring Costs That Damage Your Ability to Save Money
When it comes to building wealth, budgeting and saving money are important steps in the process. By doing them both, you’re able to buy assets and watch them grow!Unfortunately, most people’s recurring costs have a large impact on their ability to save. These expenses consume the majority of their
8 Strategic Ways to Pay For Your Child’s College Education Expenses
The average college education expense is $35,720 per year. Over four years, that works out to be over $142,000, assuming your child graduates on time! (sorry Mom) If you include interest on the student loans, opportunity costs, and other hidden costs associated with your child’s college education,
10 Ways to Help You Stop Buying Impulse Goods, That Actually Work
Have you ever purchased a product only to realize shortly after that you shouldn’t have? Well, you’re not alone!According to one survey, over 75% of adults have admitted to making financial decisions they wish could be taken back. Many times, they bought impulse goods and regretted their purchase in
How to Fight Bill Creep and The Expenses in Your Budget Most Responsible
Most consumers fall for marketing gimmicks without even realizing it. Retailers use tactics like purchase with no money down, 0% interest, and ‘sale-this weekend only’ to lure buyers into signing on the dotted line without giving the purchase any long-term thought.Over time, many of these
10 Marketing Gimmicks That Trick You Into Thinking You’re Getting a Great Deal
How many times have you walked out of a store thinking you’ve gotten a great deal? Retailers want you to feel this way because it increases your chances of becoming a repeat customer and spending more money!But, what if you didn't get a bargain at all, and instead fell for one of the store's
How to Lower Your Residential Property Management Costs and Boost ROI
I'm sure you’ve heard some of the horror stories of passively owning real estate. There are countless examples of residential property management companies failing to properly screen tenants or making exceptions for applicants to fill your vacancies and in turn their pockets. Often, weeks or months
How Geoarbitrage Helps You Live Out Your Dreams Faster
New York. San Francisco. Honolulu.Out of all the cities in the United States, these three often get named as having the highest cost of living. It takes more money to live in them than it does anywhere else.Every year, more and more people are moving out of these high-cost areas. They’re choosing to