Being rich and being wealthy… same thing right? WRONG. Most people don’t realize this, but the two have one extremely important difference. Understanding that difference is huge key to reaching financial freedom. (And for fun, learning how your average teacher can be wealthier than an NBA All-Star.) We’ll get to that mind-bending comparison in a […]
Money
What’s actually a high net worth? 11 wild statistics and 4 life lessons from the world’s ultra rich individuals
Ever wonder how much money you’d need to be considered rich? Sure, there’s rich in the, “I’m feeling pretty secure right now,” sense of the word. Then there’s rich in the, “Hey, I might not even have to work any more!” (That’s the type of rich I’m aiming for, btw) But what about rich in […]
Does Money Buy Happiness? Britain’s Most Eccentric Billionaire Reveals the Truth
If you’re from the United Kingdom, you’ve no doubt heard of today’s guest. If you’re an apple pie eatin’ American across the pond like myself, you’re probably just as confused as I was. Well, let me tell you, you’re in for treat. Our guest is worth an estimated $750 million British pounds, which translates to […]
Liquid Net Worth – How to Calculate Your Runway to Financial Freedom
In the world of personal finance, liquid net worth is like the underappreciated, red-headed step child. While regular net worth aced every every class in school, graduated with honors, and went on to make his parents proud as a doctor or lawyer, liquid net worth is mostly forgotten. Which is a huge mistake. Because while Net […]
Personal Capital vs. Mint: The Ultimate Money App Showdown
When it comes to tracking your money, the personal finance industry has two clear leaders in the free category. Which leads to one of the most common questions sent across the Money Wizard inbox: Personal Capital vs. Mint? There’s only one way to settle this dispute, and that’s a head to head comparison between the […]
