If you are struggling to handle your finances, then you likely need to create a budget or a plan for how to spend your money each month, based on how much you typically earn and spend. A budget is your best tool to change your financial future. While you may not be able to reduce certain fixed expenses, such as rent or a car payment, without drastically altering your lifestyle, you can reduce variable expenses.

All income comes from one source and that source is skills. Without skills you cannot earn income. Today you earn income because you apply certain skills to solve problems for your employer. This means that if you focus on developing high-income skills, you will grow your income with speed, and accelerate your investing effort.

Continue Reading