Wealth Is Earned

  You Will Not Become Wealthy Through Hustling   To get ahead, most entrepreneurs define hustle as working harder and longer than their competitors. Many persons are under the impression that “hustling” is the key to money and success. Too many entrepreneurs brag about their hustling, despite the fact that they aren't getting the results they want. They're proud of themselves for working their tails off, and they're oblivious to how ineffective their efforts are. Even the most successful hustlers do not retire wealthy. If you don't first apply a worthwhile method to work smarter, your fast-paced hustle will be useless. It's meaningless to keep up with the pace if it's not for a good reason. You're wasting your time if you don't know what you're doing. Instead of pulling all-nighters in the hopes of getting something to work, you should stay focused on figuring out what works. This allows you to concentrate your efforts on the tech...

  It's Time To Walk On Your Legs And Not On Your Head!!!   Economics 123   The most important tool to acquire in the wealth creation process is KNOWLEDGE When one is knowledgeable about any issue, he is not easily taken for granted infact he is POWERFUL, so active working POWER devolves from knowledge And when one has acquired power, then it is easy to appropriate WEALTH adequately and objectively Therefore anyone who wants to institute a sustainable wealth needs the power that comes from knowledge But what most men are doing is just chasing money which is the same as pursing wealth; not many persons are willing to acquire the needed and most important knowledge skill to create wealth. Because they are running after wealth without knowledge, that wealth is easily consumed and to maintain the level of being wealthy, such practitioners enter into many dubious means of making money including taking out loans which most times they are unable to pay back. S...

  Know Your Budget, Know Your Expenses   How to Plan for and Cut Four Different Types of Expenses Knowing your spending is a huge step toward getting a handle on your budget. You could believe that expenses are just that: expenses. It's an expense if money is being spent. However, at Wealth Is Earned, we divide your expenses into four categories: fixed, recurrent, non-recurring, and whammies (the worst kind of expense, by far). What are the many types of expenses and why are they important? We're grateful you inquired. Let's get started. What is a Fixed Expense, and how does it differ from a Variable Expense? The types of expenses that most individuals consider when creating a budget are fixed expenses. They are monthly expenses that occur on a specific day and for a specific amount. Fixed expenses include your mortgage, mobile phone bill, car payment, gym membership, utilities, and Netflix subscription. Consider your fixed expenses, such as your bil...

  Are You Discouraged About Your Finances?                      As you reflect back on what you’ve accomplished so far this year, do you cringe? Allow me to help you raise your head up! I'd like to encourage you to keep going! In a world full with hares, I want to inspire you to be the tortoise. But how do you do it? How can you maintain moving forward financially when things aren't going as planned and you don't feel like you're making the progress you want? Allow me to suggest some very basic, yet very vital, things that you should continue to perform. 1. Laser Focus On The Big Picture. This is the overarching theme of this encouraging article. It's not a reason to give up just because things haven't gone as planned during the last few months. What were your financial circumstances five years ago? How about ten? When I'm feeling down about our finances, I ...