Is the high energy cost going to reverse your financial freedom?

High energy costs can have a major impact on your financial well-being. You may be paying more than necessary for electricity, heating and cooling in your home or business. Additionally, over time those expenses can add up to a significant amount. It’s important to take steps to reduce energy costs and make sure that you’re…

How to leverage other people’s money by investing in real estate

Investing in real estate is a great way to leverage other people’s money. In its simplest form, leveraging involves using borrowed funds to purchase an investment asset. This allows you to increase your potential return on investment (ROI) without having to invest your own money. One of the best ways to use leverage when investing…

Ignoring fruitless and wasteful expenditure in your company at your peril.

It is essential to keep a close eye on all financial outgoings, particularly those that appear to offer no immediate returns. Even small amounts of money lost can add up over time and become a considerable sum. Companies need to take steps to ensure that resources are not being squandered unnecessarily – this could take…

No one has saved their way to wealth, savers are losers.

The key to building wealth is to invest in yourself and your ideas. Investing in yourself includes educational opportunities, skills development and career growth. Investing in your ideas involves taking risks and relying on your judgement and expertise to create something of value. Wealth isn’t built overnight; it takes time, effort and discipline. To get…

The dilemma of inflation targeting policy on personal finance

What is inflation targeting? Inflation targeting is an economic policy that involves setting a specific inflation target and implementing the necessary measures to maintain price stability. It is used by central banks around the world as a way to manage their economies and promote economic growth. Inflation targeting has implications for personal finance, especially when…

The trick is how to build digital assets

What are digital assets? Digital assets are any type of digital content that can be used to benefit your business. This includes website content, software code, audio/video files, and images. To ensure success in building digital assets for your business, you need to understand the purpose and value of each asset. Different types of digital…

Inflation and high-interest rate are driving people into rentals

Inflation and high-interest rate are driving people into rentals and away from home ownership. The increasing cost of living is making it difficult for people to afford the rising prices of rentals, further complicating the situation. In addition to this, housing shortages in many areas are causing rental prices to skyrocket as landlords can charge…