When you’re hitting the road, always remember to budget for the unexpected. Those little surprises can throw a wrench in your trip if you’re not financially prepared... Continue Reading

When it comes to wealth, most people make critical financial mistakes – and most people confuse the words rich and wealth, using the terms interchangeably.

However, they are different. Many people may be rich, but they are far from being wealthy. Besides: you can get rich quickly, but you can never get wealthy quickly. 

Income is often used as a standard when measuring what it means to be a rich person. Net worth is the metric when it comes to measuring wealth.

Wealth is often defined in terms of net worth. This is the measurement of the difference between your assets and liabilities. Someone may be rich, but neck-deep in debt.

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No doubt, setting financial goals is an essential first step toward realizing your vision for your future financial situation. 

But many people fall into the trap of setting overly ambitious goals without having metrics to track or measure their progress. Sometimes these goals are broad and vague. This makes it difficult to focus and see it through to the end. 

One way to avoid setting unrealistic goals is by using the SMART goals technique.

Let’s have a look at the SMART strategy and how you can apply this to set your financial goals. 

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I effortlessly let go of any resistance to wealth, welcoming it with open arms. I am deserving of spending on myself and investing in what truly brings me joy... Continue Reading