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Somewhere during senor year the fear begins to set in. The safety net of college will be gone soon and you’ll have to finally put on the big boy pants, which includes deciding what the heck to do with your life. The first thing to keep in mind is that it’s okay if you’re not [...]
The concept of wealth management for young investors presupposes that they, indeed, have some moderate amount of wealth to manage. It doesn’t have to be that way. You don’t have to be dumping Trumpian numbers into your account to start developing good management skills because – now we’re going to tell you a secret – [...]
Today is money education day at Young Wealth! A while back the federal government decided that credit card companies had been running roughshod over their customers, and decided to do something about it. The end result was a brand new set of rules designed to protect consumers, which went into effect February 22, 2010. Since [...]
The resume’ writing industry has been around for a long time and seems to thrive in good times and bad. Maybe it’s because resumes’ require introspection and that’s not always easy. It forces you to take a step back and analyze not only the work you’ve done but how to present it in the most [...]
Winning the investment game is not for the faint of heart but it is critical to realize early on the necessity of embracing the idea that you MUST invest in some way in order to build wealth. Choose the stock market (probably your worst option), start a small business, or invest in real estate (your [...]
There’s a reason people look to franchises when thoughts of entrepreneurship enter their head. Owning a franchise removes much of the guesswork from starting a business. The company provides you with a blueprint to success. They’ve already done the hard work of testing and tweaking to see what works. The problem is that buying into [...]
Like it or not, more and more businesses are adopting the practice of electronic check conversion. You’ve probably already seen it. You write a check and hand it to the cashier, who runs it through a machine, then hands the voided check and receipt back to you. What just happened? Did you get hit by [...]
Remember how everyone from Dad to Great Aunt Edna told you to save for a rainy day? As much as you want to pretend that’s just old fogey logic and has no place in your hipster lifestyle, stop and think about it again. That swinging carefree attitude might have worked in college but not so [...]
There’s more than one way to reach the land of financial independence. Investing is a popular method and can work well, especially if you focus on buying rental properties. But others exit school with an entrepreneurial bent, ready to start their own business. At Young Wealth, we say “Go get ‘em!” Entrepreneurs are the lifeblood [...]
It’s hard to build wealth when your credit is screwed up beyond belief. If you find yourself tormented by debtors, welcome to the club. It’s become a way of life for many young adults. How does it happen? Buy a car, take a vacation, put a killer stereo in your car – put it on [...]
