7 Money Rules for Financial Success What if there were easy ways to improve your finances?  Wouldn’t you want to include that in your life?  More than half the population is living paycheck to paycheck.  Rising prices make that even worse.  Most of us are in this situation.  But we do not have to be.  Keep reading to find down-to-earth information you can use to improve your financial situation.  So, let’s get to it. Not all of us like math, right?   There is one simple equation that can greatly improve your balance sheet. 1. Earn more than you spend Money coming in should be more than money going out.   The two key components being, what you earn and what you spend.   You can focus on both of these, earning more and spending less.   Spending less than you earn is a critical component of increasing your net worth over time. There are numerous ways to accomplish this. Some common strategies include going out less to restaurants, going on a spending freeze, and keeping thorough sp

  Can My Economy Crash? (And What Can I Do About It?) History of Crashes Humans have been witness to many civilization collapses over the last 10,000 years or so.   Once thriving and powerful economies are now experienced only through history books or crumbling architecture.   Ancient Rome, Greece and Egypt. The Incan, Mayan and Aztec empires.   All collapsed.   These collapses all stick out because of their severity.   Luckily, they do not happen very often.   What has happened more often historically, are economic depression and especially economic recessions.   The last depression in the United States was The Great Depression that started in 1929.   We have had several recessions in recent memory including one in the early 2000’s, the Great Recession beginning in 2007, the recent pandemic-related recession and now the recession of 2022. Recessions are a normal part of the boom-and-bust economic cycle.   What is a recession? The National Bureau of Economic Research is offic

 What is My Economy? What if I told you that you are your own economy?   Yes, you are in control of your own economics.   The person who has the greatest impact on their wellbeing, financial and otherwise, is you.   This is so powerful to understand! The good news is that you don’t need to be at the mercy of the larger economy, your boss or rely on the government’s economic policies for your financial wellbeing. You can take matters into your own hands and improve yourself a little each day.   There are some concrete actions you will learn from this blog that you can use to improve yourself today, but first, what exactly is the economy.   The economy is nothing more than the culmination of how you, your neighbors, and everyone else around you conduct our lives. It is how we create the things we desire and determine who receives what. Seven billion different experiences, stories, choices and options make up economics. You made decisions on what time to wake up, whether to go to

  How Taking Responsibility Leads To Success Accepting responsibility is critical for your success because it enables you to move past your errors without feeling burdened by remorse, guilt, or embarrassment. It also strengthens your character as you grow more adept at acknowledging shortcomings and taking appropriate action to make up for them.  In short, taking responsibility is the bridge that takes you from where you are now to where you want to go with your life. When you are taking responsibility for your actions, you understand that the choices you make are your own and that you need to be able to live with them. It’s not about blaming others or expecting others to take care of you; it’s about taking charge of your life and working hard toward your goals so that you can reap the rewards of success as you make them happen. Being responsible means, you are following through on promises, being honest about your abilities and limitations, and taking control of the situation when