The Power of Dividend Reinvestment Plans Do you ever feel like you are being left behind?  Like the people around us are steadily building their financial lives and we don’t even know where to start.  You are about to learn something powerful so stick around to the end to find out the best reason for having a dividend reinvestment plan.  A dividend reinvestment plan, also called a DRIP, lets you automatically reinvest the dividends of stock market assets you own. [1]   Not all companies pay cash dividends, but many do.  Dividend payouts are usually every three months.  You can use these quarterly payments to purchase more shares of the company’s stock. [2] What are some of the benefits of DRIPS? It’s Automatic You set up dividend reinvestments and they quietly go to work for you in the background with no additional work on your part.   Each time a dividend is paid more shares will be purchased for you.   You don’t need to save or budget for...

  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 situat...