Your Wealthy Mind

Because Ideas Change Lives

How to Verify if Your Broker is Trustworthy

by 1 Comment

*Contributed by Andrew Altman of Slickbucks.

No one wants to trust their long-term financial security to a shady broker whose offered security-selling services may not be on the level.

Fortunately, there is an easy rule of thumb to follow when seeking out a brokerage that can fulfill your future needs: avoid any potential broker that doesn’t give you direct answers to your questions, and stick only with brokers that have information that is covered by various informational outlets.

You shouldn’t ever need to spend a lot of effort trying to affirm the integrity of a broker’s character, as the ones that are trustworthy always make that process easy for their clients.

Nonetheless, you should not rely purely on word-of-mouth to zero in on a broker that you can trust will properly sell you the securities you’ll need. There is a fairly involved research process that you should go through, but we explain in the following guide the best procedure you should take while going about it.

[Read more…]

Beware: Start Up’s Darkest Secrets

by Leave a Comment

*Contributed by Alex Williams. Check out her Facebook and Twitter here!

Every startup business faces different challenges and obstacles on its way to success. Unfortunately, many startup owners are unaware of hidden costs and expenses that can hinder their business. These costs are hiding in plain sight, being overlooked or neglected by entrepreneurs.

Owning your own business is a great way to build a profitable career and earn a living. However, running a successful business demands attention and careful planning. Don’t let your dream or your business get ruined by unforeseen expenses. Here are a few extra costs you should be on a look out for that can prove problematic if not taken care of early on.

[Read more…]

5 Great Tips on Handling Criticism

by 1 Comment

Tagalog Version (Click Here)

Criticism is something you can avoid easily—by saying nothing, doing nothing, and being nothing. — Aristotle

Last week I wrote about how someone criticized my answer to  “What one sentence can change the world if every human being would live by it?” because they don’t like the fact that people like me can make money from blogging or writing guides. While I could have argued with him on the internet, that would have simply been counterproductive. Thankfully though, I was able to gain a seed of inspiration from him. You can try that too when somebody criticizes you. Instead of reacting negatively to criticism, why not attempt to gain something from it?

[Read more…]

Should You Make Money Teaching?

by 1 Comment

*This article contains affiliate links.

Tagalog Version (Click Here)

“If you think education is expensive, try ignorance.” — Robert Orben

 

Someone in Quora asked “What one sentence can change the world if every human being would live by it?”, and I answered:

“I have one major life philosophy and I’ve built my website around this central premise:

‘You can achieve nearly anything in life if you learned how!’

Want to get promoted and advance your career? Learn better leadership and management skills.

Want to improve your business? Learn better product development, marketing skills, “growth hacking,” etc.

Want to earn more through stocks and investing? Learn how to choose great companies, how to invest for the long term, when to trade, etc.

If there’s anything you want to become successful at, chances are, there are people who’ve become successful at it already. Learn from them! Study their winning strategies AND their mistakes which you should avoid… then apply the lessons you learned in your OWN life.”

Oddly enough, somebody didn’t like that. They *countered that there are way too many “opportunists selling false hope” and that poverty is hopeless. I understand his point. There are many spammers out there with recycled and plagiarized content and many “investment advisors” scamming people out of their money, but I DON’T agree with his point that poverty is hopeless. After all, there are people who write books and guides on how to improve crop yield to help poor farmers, recipe books for starting small food businesses (I found several in our local bookstores), guides and financial assistance for micro-businesses (Muhammad Yunus’ projects) and more.

Teaching people ways to earn money and escape poverty is MUCH better than telling them “you’re poor so it’s hopeless and all you can do is just suffer and die.”

Then the REAL reason why that person criticized me appeared on his next comment: [Read more…]

10 Success and Frugal Living Tips I Learned Growing Up

by Leave a Comment

Tagalog Version (Click Here)

Our parents, friends, and our early experiences are our first teachers on how we handle money, and what we learned during childhood tends to stick to us as we grow up. That doesn’t mean that we can’t change for the better though. I was lucky enough to learn some excellent financial success and frugal living tips when I was a kid, and I’ll share my top 10 tips with you here.

[Read more…]

Privacy Policy

Affiliate Policy