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The ease of finding a sound financial footing starts early in life, as soon as the first job comes along. This is usually in the early 20s – an age tagged as volatile and exploratory. It also may vary with a person’s social-economic status. Some people are born into wealthy lineages, and a section falls […]

Ramit Sethi, author of the bestselling personal finance book “I Will Teach You To Be Rich” and a new journal to accompany the book, has seen young people make too many of the same mistakes while building wealth. The key mistake most young people make, according to Sethi: Waiting too long to start investing. Sethi […]

During bull markets, an old Wall Street saying goes, everyone is a genius. Your social media feed probably told you as much: a non-stop stream of crypto-bros, penny-stock pickers, and drivers of Maseratis paid for in dogecoin. But when markets slide those who treated their investments like short-term cash machines often pay the price, says […]

1. How will money help me achieve my goals? Sabatier recommends viewing money as a potential energy of sorts — a force that gives you the time and optionality to expand your activities and feel more alive. If you’re starting without much money, don’t get caught up in giving yourself a huge dollar figure to […]

1. An index fund can be a mutual fund Even though it might sound confusing, Clayton Wood, a financial planner, says a good first step in understanding that an index fund is a mutual fund, but a mutual fund is not always an index fund. “A mutual fund is the pooling of money from multiple […]

As with any new endeavour, the first steps are often the hardest. But once you get started investing, you’ll find it’s not as complex as it may seem. Plus, the truth is that investing is the best way to grow your money and achieve your financial goals. Saving alone often isn’t enough—inflation can eat away […]