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Home » Wealth and Finance » Page 10

A Short Money Lesson

July 18, 2019 by Ray L. Leave a Comment

There are some rare weeks where we’re a bit too busy to make long and detailed articles. Thankfully, even short ones can contain valuable lessons that you shouldn’t miss, so here’s one from Prosperity: How to Attract It by O.S. Marden!

In a certain chapter of Marden’s book, he talked about the list of personal finance rules from New York’s Y.M.C.A., and it’s called the “Ten Commandments for a Young Man’s Financial Life”. Check them out here!


Ten Commandments for a Young Man’s Financial Life

  1. Work and Earn.
  2. Make a Budget.
  3. Record Your Expenditures.
  4. Have a Bank Account.
  5. Carry Life Insurance.
  6. Own Your Own Home.
  7. Make a Will.
  8. Pay Your Bills Promptly.
  9. Invest in Reliable Securities.
  10. Share with Others.

And there you have the very basics of good personal finance! This is a short lesson, but if you want more details on each of them, just click on the links above to learn more!

An Overview of the Best Bitcoin Exchange Apps

July 17, 2019 by Contributor Leave a Comment

An Overview of the Best Bitcoin Exchange Apps

*Article contributed by Mary Ann Callahan.

After a relatively slow 2018 and the beginning of 2019, the second half of 2019 has seen some major growth in the bitcoin market. Nearly every major asset is experiencing growth and making investors a lot of money. Many assets are up around 100% or more over the last 12 months, silencing some of the crypto critics out there.

As a result, there is a renewed interest in the crypto space, so more and more people are looking to get involved. People are buying, trading and selling all different types of cryptocurrencies, but there is no doubt that Bitcoin is still king. It still has the largest market cap, has grown nearly 100% since last July and shows no signs of slowing down.

[Read more…]

What is Gambler’s Fallacy?: How to Avoid Losing Money on False Hope

July 10, 2019 by Ray L. 1 Comment

What is Gamblers Fallacy How to Avoid Losing Money on False Hope your wealthy mind
Tagalog Version (Click Here)

Long ago when we used to visit our grandparents (before they passed away), I’d see a lot of our neighbors play mahjong, cards, and that colored dice game (some locals call it “casino”) on the streets. Those kinds of games are fun, but when there’s money involved, the thrill of the risks and potential rewards can make them very addictive. You win some and you lose some (you actually lose a lot more often), but the possibility of winning big keeps you coming back for more.

Unfortunately, it just makes you lose more money. We all know how a gambling addiction ruins people’s lives.

There’s a lot of psychology involved when it comes to gambling, and that’s why it so easy to lose more and more of your hard-earned cash to some slimy dealer at a casino, lottery ticket stand, “gacha” game, or some other similar gambling system, but for now, we’ll talk about one in particular. It’s called the “gambler’s fallacy”.

If you want to avoid losing more money in games of chance, investing, or on other kinds of financial decisions, this is one more lesson that you need to learn.

[Read more…]

How to Become an Architect

July 6, 2019 by Contributor Leave a Comment

how to become an architect Article contributed by Jade Sohn

*Article contributed by Jade Sohn.

There are approximately 107,400 architects currently in the United States, and there is a fast-growing demand for more of these professionals. Architects have several avenues to pursue, and it’s a lucrative business. But becoming an architect takes some planning and forethought. 

[Read more…]

Five More Tips You Should Read When Setting Up a Blog

June 19, 2019 by Ray L. Leave a Comment

More Tips You Should Read When Setting Up a Blog Your Wealthy Mind
Tagalog Version (Click Here)

As a blogger myself, I’d definitely write some tips for other aspiring bloggers. In fact, I’ve already written several articles about it before. You can check them out here on these links:

  • Blogging 101: Our Top Tips for New Bloggers
  • How to Start a Blog and Earn Money Blogging
  • Starting your own Blog? 20 Best Blogging Tools and Plugins for WordPress

As time passses, however, we learn new things that we can share with others. Here’s a few more tips (and WordPress plugins) that might help you on your blog!

[Read more…]
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