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How Much Of Your Income Should You Save



How Much Of Your Income Should You Save 1
How Much Of Your Income Should You Save 2
Money Saving tips 

“What are your goals?”
That’s a serious question. Your ideal savings rate depends on your specific, long-term reasons for saving.
There are three timelines you should consider:
Less than 1 year
Your short-term savings can get used to vacation in Aruba, buy holiday gifts or pay your taxes.
Less than 1 decade
You might use this money to replace your dishwasher, fix your car’s timing belt, cover a major insurance deductible, stay afloat when you’re between jobs and make a down payment on a home.

Retirement is the ultimate long-term savings goal. Let’s go back to the original question: How much should you save? Let’s break this down by goal:

1. Retirement
You should consider saving 10 – 15% of your income for retirement. Sound daunting? Don’t worry: your employer match, if you have one, counts. If you save 5% of your income and your boss matches another 5%, you’ve accomplished a 10% savings rate.
2. Emergencies
You should establish an “emergency fund” that can cover 3-9 months of your living expenses.
How can you save such a large sum? First, calculate your monthly cost-of-living. Assume that if you lose your job, you’ll sacrifice luxuries such as pedicures or your premium cable TV package. How much do you need to survive?
Divide that number in half. Can you save this monthly? If so, you’ll build a six-month emergency fund within the next year.

3. Everything else
Make a list of major expenses within the next decade, ranging from replacing your gutters to throwing your wedding. (If it’s easier, list broad categories like “home repairs,” “holidays” and “wedding.”)
Write your ideal savings target and deadline. Divide by the number of months remaining to see how much you should save. Want to pay cash for a $10,000 car in five years? You’ll need $167 per month.
When you run through this exercise, you’ll probably discover that you can’t save enough for every goal on your list. You have four options:
·         Re-imagine your goals
·         Lengthen your timeline
·         Cut your current spending
·         Earn more
Most people opt for a combination of those four choices. You might decide you’d be happy buying a $7,000 car, which will require only $116 per month. You cut your $50 cable bill and pick up a babysitting gig one night per month, and voila — now you’re on-track to pay cash for your next car.
Did you want a simpler answer? No problem. Here’s a final rule of thumb: at least 20% of your income should go towards savings. More is fine; less is not advised.

How Much Of Your Income Should You Save 3
Saving Money Faster
 How To Save Money Fast
1. Move bank accounts to take advantage of perks and earn more interest. 
If you’re paying a monthly fee for your checking or savings account, you would benefit from researching some of newest banking offers out there. Not only do some of the best banks offer sign-up bonuses simply for opening an account and setting up direct deposit, but some offer attractive interest rates to new customers as well.
It’s true that interest rates are not what they once were, but it’s still worth a look. Some of the best free checking accounts and best savings accounts can be found online. Here’s a guide on how to make that switch.
2. Turn off the television.
One big way to save money is to drastically cut down on the amount of television you watch. There are a lot of financial benefits to this: less exposure to spending-inducing ads, a lower electric bill (and perhaps a lower cable bill if you downgrade your subscription), more time to focus on other things in life — such as a side business — and so on.
Want to take things a step further? Consider cutting the cord to cable TV altogether.
3. Stop collecting, and start selling
There was a time when people thought their collections would bring them riches. Beanie Babies were a big fad at one time, as were Longaberger baskets. Now you can find those items on resale sites like Craigslist and at garage sales for a fraction of their initial cost, leaving many people who sunk thousands of dollars into their “investments” wondering what happened.
If you want to avoid that situation, don’t collect items of questionable value. And if you want to recoup some of the money you’ve already spent on collectible items, you can start selling them now and use those funds for any number of worthy financial goals. Read our “Guide to Selling Unwanted Items” for some simple strategies that can help you profit as much as possible.
4. Sign up for every free customer rewards program you can.
No matter where you live, you’ll find plenty of retailers who are willing to reward you for shopping at their store. Here’s the basic game plan for maximizing these programs: create a Gmail or Yahoo address just for these mailings, collect every card you can, and then check that account for extra coupons whenever you’re ready to shop.
You can add to those rewards and discounts by using rewards credit cards to earn points on purchases at a wide range of stores that can be redeemed for cash back or other benefits.
5. Make your own gifts instead of buying stuff from the store.
If you want to save money while also giving generously, creating your own homemade gifts is one way to accomplish both goals. You can make food mixes, candles, fresh-baked bread or cookies, soap, and all kinds of other things at home quite easily and inexpensively.
These make spectacular gifts for others because they involve your personal touch — something you can’t buy from a store — and quite often they’re consumable, meaning they don’t wind up filling someone’s closet with junk. Even better – include a personal handwritten note with the gift.
6. Master the 30-day rule.
Avoiding instant gratification is one of the most important rules of personal finance, and waiting 30 days to decide on a purchase is an excellent way to implement that rule.
Quite often, after a month has passed, you’ll find that the urge to buy has passed as well, and you’ll have saved yourself some money simply by waiting. If you’re on the fence about a purchase anyway, waiting a while can give you a better perspective on whether it’s truly worth the money.
7. Write a list before you go shopping – and stick to it.
One of the easiest ways to save money is to only shop when you have a list. Because when you’re without one, you typically end up making impulse buys and unplanned purchases – all things that cost money.
Creating a list before you go to the grocery store is especially important. Not only can it help you buy items that fit with your meal plan, but it can also help you avoid buying food you might waste. Always create a list and, more importantly, stick to it.
You can also take advantage of a cash back rewards card that gives bonus cash at grocery stores – just be sure to pay off the balance each month.

8. Invite friends over instead of going out.
Going out to eat or “out on the town” has a way of completely destroying both your food budget and your entertainment budget in one fell swoop. And no matter what, it is always cheaper to stay in with friends and come up with your own entertainment.
Instead of hitting the town, host a fun pitch-in dinner with your friends. Play cards, sit around a fire pit, or watch movies with your guests. You’ll all save money – and have a blast.

9. Repair clothing instead of tossing it.
Don’t toss out a shirt because of a broken button – sew on a new one with some closely-matched thread. Don’t toss out pants because of a hole in them – put in a patch of some sort and save them for times when you’re working around the house.
Most basic sewing jobs can be completed by anyone, and a little bit of practice goes a long way. Learning basic sewing skills is a great way to save some money – and extend the life of your clothing.

10. Don’t spend big money entertaining your children.
Most children, especially young ones, can be entertained very cheaply. Buy them an end roll of newspaper from your local paper and let their creativity run wild. Play ball in the backyard. Head to the park. Plant a garden. Teach them to ride a bike without training wheels once and for all.
Realize that what your children want most of all is your time, not your stuff, and you’ll find money in your pocket and joy in your heart.
11. Negotiate rates with your credit card company or complete a balance transfer.
If you’re paying a lot of interest on your credit cards, it’s important to know that you do have some power as long as you’ve been making your payments. Not only do you have the right to negotiate your current interest rate with your credit card issuer, but you have the right to transfer your balance to an entirely different card as well. (In fact, that is perhaps your biggest bargaining chip.)
Start by calling your card issuer at the number on the back of your card and explaining your request. If you don’t make any progress with them, check out these balance transfer credit cards to find one with an introductory 0% APR that could help you save hundreds of dollars in interest over time.
12. Clean out those closets.
Go through your closets and find anything and everything you no longer use. Then, don’t just get rid of it, use it to your benefit.
You can have a yard sale with it, sell it on eBay or Craigslist, take it to a consignment shop, or even donate it for the tax deduction (mark down what you give away so you can get a receipt). All of these options can turn old stuff you don’t want anymore into money in your pocket. Not only that, it’s often a psychological load off your mind to clean out your closets.
13. Buy video games that have a lot of replay value – and don’t acquire new ones until you’ve mastered what you have.
My video game buying habits have changed quite a bit since my “game of the week” days. Now, I focus on games that can be played over and over and over again, and I focus on mastering the games that I buy. Good targets include puzzle games and long, involved quest games – they maximize the value of your gaming dollar.
Once you’re done with a game for good, take it to a video game resale shop like GameStop and see if you can trade it in for store credit you can use to get another game.
14. Drink more water.
Not only does drinking plenty of water have great health benefits — it has financial benefits, too. Drink a big glass of water before each meal in order to stay fuller longer and ultimately eat less. Not only will you save on the food bill, but you’ll also feel better after you become properly hydrated.
Even better, drinking more water — whether in a refillable bottle or at restaurants — means spending less money on beverages like soda, juice, and tea. Remember: Tap water is not only just as clean as bottled water, it’s also free.

15. Avoid convenience foods and fast food.
Instead of eating fast food or just nuking some prepackaged dinner when you get home, try making some simple and healthy replacements that you can take with you. An hour’s worth of preparation one weekend can leave you with a ton of cheap and easy dinner and snack options for the following weeks. 
Also consider breaking out the ol’ crock pot for some inexpensive meal options that not only save money, but time, too.

For those times when you simply can’t avoid dining out, maximize your savings with coupons and a rewards credit card that gives a bonus for restaurant spending (but you know yourself best, so only spend what you know you can pay off each month with no interest). 

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  1. Chris Kostopoulos

    March 28, 2019 at 1:08 pm

    Excellent actionable comments! My absolute favorite is 13 about video-games. SInce I'm a gamer, I try to apply this rule!

  2. Maria

    March 28, 2019 at 1:08 pm

    Great tips. I once did a financial fast – can't remember where I came across. The rules were to spend on necessities only for a period of time. It was difficult at first but it made me realise how many times we reach in to purchase things we don't need.

  3. Mitrobe

    March 28, 2019 at 1:12 pm

    That great, am actually a gamer too

  4. Mitrobe

    March 28, 2019 at 1:12 pm

    It quite obvious, but am glad u find this article quite interesting

  5. Unknown

    March 28, 2019 at 1:44 pm

    wow very informative and educative, i will keep on visiting for more information.

  6. Mitrobe

    March 28, 2019 at 7:12 pm

    Thanks very much, my pleasure

  7. Four Roam

    March 29, 2019 at 9:29 am

    Some good tips. I've always been very good with money and always surprises me how most people live with so much debt. We have been debt free for around 10yrs and will hopefully have the mortgage paid off in 3, although I do ask myself Then What?

  8. Anonymous

    March 31, 2019 at 10:20 pm

    This is really cool,am going to employ your strategy

  9. Vee

    April 1, 2019 at 12:40 pm

    This is goals! It seems like everytime I try to save something comes up. This is true motivation! Thanks for sharing!

  10. PJ

    April 1, 2019 at 3:18 pm

    Thanks for the tips. I am just returning from a leave of absence from my career and corresponding downturn in finances. Any tips for getting jump started financially?

  11. Ashley

    April 1, 2019 at 3:18 pm

    Great advice! I currently already follow a lot of the money saving tips!

  12. mitrobe

    April 1, 2019 at 3:26 pm

    that great one. Ashley i will also advice you to save for retirement. kindly follow our fb page to get latest article that will assist you financially

  13. mitrobe

    April 1, 2019 at 3:26 pm

    yes PJ and i will drop an article about that, so do well to check back on us or follow our facebook page to stay current on our updates

  14. Tara at Beach Expressions

    April 1, 2019 at 11:19 pm

    The cable one is a really good tip. I wanted to cut cable completely, but my husband can't deal not having it. We cut traditional cable which was $120 per month and now use Hulu Live, which is only $45 a month. All that money is going into savings now.

  15. Mitrobe

    April 1, 2019 at 11:24 pm

    Wow that a great deal, it doesn't seem so easy, but the benefits is outstanding.

    Am really glad you made the decision

  16. Mothering the Mama

    April 14, 2019 at 12:31 am

    This article came at a great time for me!

  17. Mitrobe

    April 14, 2019 at 12:33 am

    Wow that great, we hope our strategy be of importance to you.

  18. Ray Mutters

    May 19, 2019 at 3:22 pm

    I’m impressed, I need to say. Actually rarely do I encounter a weblog that’s both educative and entertaining, and let me tell you, you’ve gotten hit the nail on the head. Your thought is outstanding; the problem is something that not enough persons are speaking intelligently about. I am very comfortable that I stumbled throughout this in my search for something relating to this.

  19. Kurt Fickle

    May 19, 2019 at 3:54 pm

    Hi there! This post couldn’t be written any better! Reading through this post reminds me of my previous room mate! He always kept talking about this. I will forward this article to him. Pretty sure he will have a good read. Thank you for sharing!

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Millionaire | 16 Expensive Habits of Becoming a Self Made Millionaire You need to Know




Millionaire Mindset

The difference between a rich and a poor is how they use their time. Here are 16 Expensive Habits of Becoming a Self Made Millionaire that everyone who is not yet a Millionaire needs to know.

1. Get up Early

Nearly 50 percent of the millionaires got out of bed at least three hours before their workday actually started. Many of them use the free time to tackle personal projects, plan their day, or make time for exercise.

Getting up at five in the morning to tackle the top there things you want to accomplish in your day allows you to regain control of your life “he writes. “it gives you a sense of confidence that you, indeed direct your life.

2. Spend 15 to 30 minutes each day on focused thinking

Many of the millionaires say that they make time to process everything that is going on in their lives. The rich tend to think in isolation, in the mornings, “he writes” “and for at least 15 minutes every day. Often they will reflect on their career, health and their personal relationships.

Having quiet time to analyze your thoughts is associated with stress reduction. Intact, taking two minutes at work to focus on nothing but your breathe will help you relax.

Millionaire | 16 Expensive Habits of Becoming a Self Made Millionaire You need to Know 4

3. Read A lot

A whopping 88 percent of the millionaires say that they devote 30 minutes or more each day to education or self-improvement through reading. Most do not read for entertainment they prefer biographies, history, and self help books. If you enjoy a good novel, that can help you boost your career. “There are important life lessons to be learned in biographies of people with rag-to-riches stories”. Legendary investors and self made millionaires.

Warren buffet says that reading has been the most crucial habit he’s developed
I started being successful in business by actually buying and reading e-books of top successful people and business genius and that what boosted my business to a higher level.

Millionaire | 16 Expensive Habits of Becoming a Self Made Millionaire You need to Know 5

4. Spend time with people who inspire

You are only as successful as those you frequently associate with. If you don’t have highly-motivated people in your personal network yet, fear not Self-made millionaires volunteer, which is a great way to meet other positive, motivated individuals.

You could also join groups for people who share your same career or personal interests. Then develop the relationship by keeping in touch. And be choosy about who you spend your time with. Successful people also make a point to limit their exposure to toxic, negative people.

5. Pursue your own goals

Most millionaires plan to get rich and then make it happen. 80% of the wealthy are “obsessed with pursing goals”. They refer to both daily and long term goals regularly. I am here to tell you to avoid putting your ladder to someone else’s wall and then spending the best years of your life climbing it”. Find your own wall, your own dreams, and your goals and pursue them.

6. Get enough sleep

For the fact your on your way to becoming a millionaire doesn’t mean you need to over work your self, brain or body. Albert Einstein reportedly preferred to get at least ten hours sleep a night.

The fact is that, you function best when you are well rested, you have some good news. An overwhelming 89% of self-made millionaires sleep 7 to 8 hours each night or more. Sleep is critical to success, citing It effects on memory function and creative thinking.

7. Avoid time wasters

Money is not only important resource for wealthy people. Time is crucial too. When we invest our time in anything, it is lost forever. Be choosy about the apps you spend your time with, too, instead of spending your hours on end watching Netflix or scrolling through instagram.

When you see time as the greatest risk of all, it will force you to become more aware of exactly how to invest your time.

Millionaire Frugal Lifestyle

8. Frugality

I have been studying the daily habits of the rich and poor since 2004, I have gathered an enormous amount of data on both groups. 67% of the rich in my study said they were frugal. To them, frugal meant spending money wisely.

It means buying quality items or services at bargain prices. Most of the wealthy in my study were raised by poor parents or middle-class parents who made a point instilling in them good habits.

Being currently my personal lifestyle I must admit, it quite obvious that most people view it in a different way being frugal doesn’t mean you have to wear torn clothes or not wear quality cloths just because you don’t want to spend money, being frugal means looking for value and quality.

Here are 45 frugal lifestyle ideas to practice that can turn you into a self-made millionaires

9. Avoid Lifestyle Creep\

Definition of lifestyle creep: it means increasing your standard of living in order to match your increased income. It is a common poor habit among many who suddenly find themselves making more money.

The rich habit is to forgo the desire to spend your money today and, instead, sock it away into savings and investments that grow in value and provide financial resources that can be used in the future to maintain your standard of living.

Once you spend your money, it’s gone. When you hit a hump in the road, such as a job loss, you are then forced to sell your stuff. If the stuff you purchased depreciated in value, you get pennies on the dollar.

One of my older and wealthier friends explained to me his rule for financial success. Same house, same spouse, same car, there is a lot of wisdom in these words. What they really mean is that no matter what good fortune visits you in life, do not change your standard of living.

Don’t supersize your life by buying things you really do not need. I live a modest life and forge the Rich Habit of Delayed Gratification putting off what you want today so that you can have something to fail back on in the future, you have to keep your focus on building wealth if really you want to be a millionaire.

Here are my 6 Golden rule of building wealth you should know


10. Think Big

Few people are surprised when they make their first million. After all, it doesn’t come easily. But long before reaching their goal, millionaires know they want to get there. Rather than looking forward to an annual 3% raise, millionaires dream of working for themselves. Rather than serving 100 customers, millionaires see tens of thousands of accounts.

Here are top 30 business idea you can start up that requires little investment.


11. Have a mentor

Most of the self made millionaires had a mentor who helped their growth. Mentors are there to teach you what to do and what to avoid so you don’t waste time on ventures that are not going to be fruitful.

Because they have already done what you are going to do, they will show you how to achieve your goals. The right mentor can help you and your business grow to new levels beyond your imagination.

Mentors will inspire and motivate you towards accomplishing business success. And help you set your goals. They will tell you how to avoid mistakes they have already made.

Mentors also know the best connection for you, to help your business grow. There you have it. The daily habit of the rich are what got them where they planned to go.

They know it foolish to waste time doing unproductive tasks. Therefore, they do the opposite. They embrace positivity and self-development habits to make them more successful and richer.

Mitrobe won’t have been a reality and would not have gone this far, if I had not had the right mentor, all thanks goes to the founder of for being a good mentor, who has lifted mitrobe and gave her the right connection and tutorials.

12. Meditate

We talk about our physical health all the time, but mental health is just as (if not more) important for the self-made millionaires. Lately, people have become more aware of the benefits that sitting and cleaning your mind can bring, including improving memory and dealing with stress.

Millionaires are no different in-fact, Twitter CEO Jack Dorsey wakes up at each day to meditate. If you have never meditated before, try just taking a few deep, calming breaths in the morning to help set the stage for your day. You can reap the benefits of mindfulness meditation in just five minutes daily.

13. Step outside your comfort zone

Millionaires don’t isolate themselves or stay in comfort zone. They know that the only way to thrive is to be stretched beyond their boundaries. Once you start questioning the world around you, you will see opportunities you would not have otherwise noticed.

Don’t allow yourself to become complacement. Do things that scare you a little and don’t be afraid to fail, stand up for yourself, push yourself in a new ways, and see how challenging yourself opens up new business possibilities.

14. Millionaires Use dreams to set goals

Before millionaires identify goals, they do something that “dream setting”. They write down what their ideal life would look like, then use this script to create a bullet point list of dreams.

And the truth of the matter is if you are not writing down your goals your not taking note or action on them. Goals are built around each wish or dream to come true? Am I capable of performing those activities? And do I have the necessary skills and knowledge? Then take action.

Here are top skills set every millionaire tends to have that you should have also

15. Millionaires Control their emotion

Not every thought needs to come out of your mouth. Not every emotion needs to be expressed. When you say whatever is on your mind, you risk hurting others. loose lips are a habit for 69% of those who struggle financially.

Conversely, 94% of millionaires filter their emotions. They understand that letting emotions control them can destroy relationships at work and at home. Wait to say what is on your mind until you are calm and have had time to look at the situation objectively.

Millionaire have conditioned their minds to overcome these thoughts, while those who struggle financially give in to fear and allow it to hold them back. Whether you fear change, making mistakes, taking risks or simply failure, conquering these emotions is about letting in just a little until you build up confidence. It is amazing how much confidence helps.

Real estate

16 Investment (the Millionaires Wealth Generator

I wont be afraid to say that all millionaires are investors, though not all started investing before they turn out to become a millionaire, but as soon as they acquire more wealth and revenue, they go into investing. Why?

Because, investing is a way of making money work for you, Millionaire never fail to invest, either in Forex, real estate, creating revenues, infrastructure, buying of shares in company, and other possible ways.

Are you thinking of Investing the Millionaire ways. Then check this out

  • Education in Real Estate
  • This is how Millionaires Get double Profit back in Real Estate Investment
  • Top Investors Real Estate Investment Strategy for 2019
  • Continue Reading


    This is How Real Estate Investors Profit from their Real Estate Investment Business




    This is How Real Estate Investors Profit from their Real Estate Investment Business 6

    The big question. How Do Real Estate Investors Makes Profit out of their Real Estate Business?

    Here is how Real Estate Investors get their money back and get even double of their investment.

    This is How Real Estate Investors Profit from their Real Estate Investment Business 7

    1. Asset Appreciation

    A real estate property appreciates in value due to several factors including:

  • Lack of free land to build more houses as demand for housing increases.
  • Scarcity leads to price appreciation
  • Construction of major infrastructure such as malls and highways near the property thus increasing its accessibility and convenience.
  • Upgrade of the property with newer amenities.
  • An upsurge in the economic conditions of the region, turning it into a growth area.
  • If all the above happens, your property becomes attractive to potential buyers or renters and you can dictate the price, and at this situation where there is asset appreciation Real estate investors happen to acquire more profit by inflating the cost of buying or leasing a house, which alternatively increase their profit.

    2. Rent income

    This is also known as cash flow income. Here, Real estate investors acquire an apartment building and then lease it to one tenant or a host of tenants where there will be collecting rent at the end of every month (year).

    Consider renting your property as offices, rental residential houses, car washes, storage facilities etc.

    3. Commissions for Buying and Selling Real Estate

    This is the money made by real estate brokers who get to keep a percentage of the money paid by the buyer after they sell a property on profit.

    There is also the real estate management companies who collect rent on behalf to the landlord and then get to keep a small percentage of the rent money.

    The real estate management firms run the day to day operations of the estate such as orientation of new tenants, hiring plumbers and electricians to fix faults, ensuring the neighborhood’s security etc.

    4. Ancillary Income

    Another way investors in the real estate industry make money is by installing ancillary profit generating infrastructure within the estate.

    This infrastructure may include:

  • vending machines
  • laundry facilities
  • Restaurants
  • ATM’s
  • Fun Zone
  • Bar
  • and lot more

    Money Making Opportunity

    Are you currently looking for ways to make money? Ways that don’t involve working a traditional nine to five job? If you are, you may come across many scams; however, there is good news.

    With a little bit of research, you should be able to find a number of legitimate money making opportunities.

    One of those opportunities involves real estate investment.

    If consider yourself to be unfamiliar with the real estate read this > Education in Real Estate, market and all of its happenings, you may not necessarily know what real estate investment is. or you may think there are limited ways to make profit as a real estate investor.

    This is How Real Estate Investors Profit from their Real Estate Investment Business 8

    But it quite obvious, have you ever thought, why most millionaires invest mostly on real estate, and in know that what create in most people the illusion that real estate investing are done by millionaires alone.

    And alot of people thinks the only way to profit or make money as an real estate investor, you always need to lease or sell a house, Well while that is the fundamental way of making profit as a real estate investor, there are also various ways of which you can acquire more profit as a real estate investor.

    Possibly setting up infrastructure and others, kindly check this out, Best Real Estate Investment Strategy extracted from Robert Kiyosaki, it will also help you set a proper strategy for your real estate investment and generate more profit for you.

    Real estate investing is where an individual, who can be considered a real estate investor, buys a piece of property. That property is often repaired or updated, if any repairs or updates need to be made and that why every real estate investor need the knowledge of Fix and Flip real estate strategy. y

    Once the real estate investment property purchased is in top notch condition it is either resold or rented out to tenants.

    This is basically where the opportunity to make money comes in.

    When it comes to real estate investment, there are many misconceptions associated with it.

    One of those misconceptions is that only those who are rich or have unlimited financial resources are able to become real estate investors.

    This just simply isn’t true. Yes, you will need money to originally get started in real estate investment, but you don’t have to be loaded with it, you don’t have to be a millionaire, and not every one who is a millionaire through real estate investing started as a millionaire.

    There are many real estate investors who start out small and then expand from there. For instance, some real estate investors start out with only one or two real estate investment properties and then use their profits to buy additional properties or also by creating other revenues like setting up infrastructures.

    This approach is nice because it also gives you the opportunity to see if real estate investment is the right money making opportunity for you.

    If you would like to try your hand at real estate investing, it is advised that you take the time to familiarize yourself with it.

    When it comes to doing so, you have a number of different options. Online, you should be able to find a number of websites that aim to educate hopeful investors, just like you, on how to make profit with real estate investment properties.

    You can also find many books or resource guides on the subject. there are top real estate investors out there which you can learn from or get their books. Investors like

  • Robert Kiyosaki
  • Donald Trump
  • Brian Bosworth
  • Deborah Winters
  • Blake Richards
  • Beverly Carter
  • Ryhan Serhant
  • Fredrik Eklund
  • and lot more.

    There are also many real estate investment courses available for you to take. What is nice about these classes is that many are offered locally, while others are offered online.

    Investing a small amount of money to buy real estate investment how-to books or take a training course are good ways to learn as much as you can about the real estate investment business, such as how you can make profit with it.

    Starting your own real estate investment business is just one of the many opportunities that allow you to be your own boss, become a millionaire, but it is one of the better ones.

    As a reminder, you don’t need to be rich to invest in real estate. Honestly, my most recommended guide is, merging with real estate investment companies and start as a brooker, while you still continue your training and acquire more experience, or you can start with no cash no credit strategy.

    This is How Real Estate Investors Profit from their Real Estate Investment Business 9

    Lots of folks think it can’t be done.

    How in the world can you buy a piece of real estate property without cash or credit? How is it possible to buy a $50,000 house or a $1 million dollar house if I don’t have an abundance of cash or an excellent credit rating?

    Nothing stops a would-be investor cold in his tracks like “no cash or credit.” The prevailing perception is that “I can’t start real estate investing” because

    (1) I sure don’t have any money and
    (2) my credit is horrible!

    The typical way real estate investing is accomplished is with an earnest money deposit to accompany the Purchase Contract and a down payment at closing.

    Many real estate investing tycoons, in wanting an offer accepted, make large earnest money deposits so the property seller will recognize the buyer as a serious investor. And because many real estate investing tycoons use real estate agents as their purchasing liaison, they provide sizable down payments out of which the sales commission will be paid.

    Well, when I started my real estate investing career, I had neither cash nor credit. I had a serious business failure prior to my start in real estate investing, so I had to conjure up a way to succeed outside the traditional norm.

    While I was well aware of the accepted procedures of earnest money deposits and down payments in real estate investing, I was forced by my situation to find alternatives. I did not realize at the time that commercial property is often purchased without any cash outlay at closing or even a credit check of the buyer.

    So without any pocket change or a savings account, I began offering a $10 bill as my earnest money deposit! And I began offering no down payment at closing.

    My Purchase Contract offered simply the assumption of an existing loan! (In the 1980s when I started my real estate investing career, wrap mortgages were common, whereas today other legal instruments accomplish the same purpose.)

    I don’t have to tell you that real estate agents were not exactly fond of me. In fact, in my highest week of tendering offers, I submitted 235 offers on MLS houses, and got 235 rejections. I mean, the realtors and brokers were infuriated at my non-traditional offers!

    Most went to great pains in writing “REJECTED” across the entire length (even both sides) of the legal-size Purchase Agreement I had laboriously filled out for submission. The young man “running” my offers (and his broker) were verbally blasted out of the saddle! I got NO acceptances from my 235 offers.

    Yet, I still managed to buy two properties from the 100% (humiliating) rejection. Two property owners approached me later and said, “I can’t accept your offer on that property I had listed with my real estate agent, but I have another house you can have on the same terms!”

    That break-through began my trek into the Nothing-Down Wilderness that made me a start my journey in becoming a millionaire.

    It’s a shame that even some real estate investing tycoons don’t know how to buy with no cash and no credit. But the bottom line is that know-how still makes possible the impossible.

    Buying property of any price is still achievable with no cash and no credit. It’s done every day in residential and commercial property. And because it is achievable, anyone can enter the real estate investing arena, regardless of the size of his or her wallet.

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    Everything Newlyweds Should Know about Coupling Finances




    Everything Newlyweds Should Know about Coupling Finances 10

    Everything Newlyweds Should Know about Coupling Finances

    Everything Newlyweds Should Know about Coupling Finances 11

    Turns out that “coupling” doesn’t just mean “pairing” in the traditional sense, but is also a catchphrase when it comes to finances. As we head into wedding season, it’s especially relevant. Because as much as you may think no two people have ever been more in love than you are, the truth is that it could be less than smooth sailing ahead if you’re not on the same page when it comes to financial matters.

    “Couples have a very hard time talking about money,” Joan Atwood, a Hofstra University professor of marriage and family therapy, bemoaned on an NPR “Money Coach” segment on the issue. “I would say it’s the last taboo.”

    Ready to break the cycle? Read on.

    • Set common goals. You have probably discussed this in a dreamy sort of way while dating, but turning those reveries into reality requires habitually saving to pay for them to finance your later retirement years. This is most likely one thing you may not have thought of at a time when the median ages, respectively, for brides and grooms are 29 and 31.

    “While people may come into a marriage with their own assets, they need to take some time after the wedding to sit down and start getting organized as a couple,” advises Andrew Peterson, a vice president at Fidelity Investments.

    • Be transparent. There’s nothing that says you have to put all your cash into a joint savings account – but at the very least you’d be “less than truthful” by not divulging any outstanding debts – and then figuring out, together, how to pay them down.

    • Safely store your information. Quick: What’s your new spouse’s Social Security number? And what other vital information don’t you know if a sudden need arises?

    To truly mark your financial coupling, you might consider using an online
    service such as that lets you store, access and share all your new family’s important records and documents anywhere via a web browser or iOS app.

    Not only is it free and simple to use with handy checklists, but even before it was officially introduced two years ago by Fidelity, Barron’s magazine gave the service five stars for being what it called “the first cloud-based safe deposit box we’ve seen that’s secure enough to organize everything from financial statements, insurance policies, and real estate records to a will, IRA benefits, and even passwords.”

    “With all the other things on their to-do lists, newlyweds typically don’t focus on all the important financial and other documents they need to begin married life on a solid footing,” says Peterson. “This makes things easier for them from the start, as well as through the years as they have even more joint documents to retain – including those related to perhaps buying a house and having children.”

    • Investigate this option. Do you both get health insurance through your employer? Congrats. You may have just saved yourselves some money because, if it works out it’s less expensive for one of you to be on the other’s plan rather than pay for both.

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