3 Ways to get Kids to do their chores

kids real estate investor Aug 09, 2021

Having a 13 year old gamer isn't easy. The all night sessions, the loud rants with other children overseas and even the occasional 3 “no shower” stint is an even harder task.  

I have set screen times for him so he isn't just in front of the computer all the time but even that doesn't seem like enough. Until I discovered that the thing my son loves more than gaming is Money !!! He especially likes to earn it and not have to share it with his sister. 

So instead of paying an allowance. I pay him on commission.The word “allowance” in my head doesn't really set the tone for how real life will work . Even the word “allowance” implies a child is entitled to a certain amount of money just for living and breathing. That way he is actually earning the money and being paid on what he is actually doing. This teaches them that money comes from work. I use this spreadsheet as a guide and it works. We tally up every week and he gets...

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If You Are Ready To Invest

investing Jun 28, 2021

Are you still pondering whether or not you're able to invest? don’t worry, we got you. Here are several signs that you're ready to invest in the stock market on a monetary, cognitive, and interpersonal level.

Have you saved enough money for an unplanned event? if yes then you’re halfway there

You should have some cash available in a normal bank account for unforeseen costs before you begin investing. As an illustration, you may need to have an expensive dental operation or have your roof gutters replaced. Regular savings may be able to meet these expenditures, avoiding the need to sell assets.

Do you also have some money left over at the end of every month?

You could be prepared to start looking to invest if you continuously have cash leftover with your salary or company profits each month after having paid living expenses, disregarding dollars for non-recurring expenditures (like real estate taxes and auto insurance), building up your savings account, and trying to...

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Fixing your credit on your own

credit credit repair Jun 25, 2021

Do you often come across internet scams on credit fixes? We got you covered. Don't be fooled by promises of instant credit restoration. You can (and should) repair your credit yourself if you have bad credit. To restore your credit on your own, follow these six simple actions.

You undoubtedly have below-average or terrible credit if you have an outstanding student loan, years of high credit card bills, collections accounts, or possibly a foreclosure.

You may be unable to get new credit instruments, such as credit cards if you have bad credit. Although you may still be able to obtain a car loan or a mortgage, your poor credit score will result in a considerably higher interest rate. Someone with bad credit might pay $50,000 more in interest on a mortgage than someone with good credit. Because of lousy credit, you might wind up spending almost $200,000 extra in needless interest throughout your life.

The excellent thing is that you can fix your credit score on your own, as you...

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The number one reason women need to invest in real estate

real estate Jun 24, 2021

Gone are the days of women living their life from paychecks to paychecks. It is time for you to get a clear picture of how money works and grows. The gap in gender disparity is increasing day by day, even in the stock market. It is most commonly displayed in the real estate investment areas where there are numerous female real estate agents but hardly any real estate investors. I was a real estate agent who used to work from paychecks to paychecks. It was when I realized I will soon get bankrupt if I keep on living a life like that, I shifted my career as a real estate investor. It was the best decision I ever made. Soon, I grabbed the gist of the long-term benefits of investment and the process of multiplying money smartly. 

Background 

The 2018 research concluded that only 30% of the women consider themselves to be the investor. Among these, only a quarter of them has an in-depth knowledge of real estate investment. The rest are not confident about their real estate...

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5 Aspects of Investing in Real Estate

Mismanagement of finances is the biggest issue people face that eventually makes their life miserable. Even if your business is flourishing remarkably, if you don’t know how to grow your money, your life will come across millions of financial obstacles in the future. Instead of playing blame games, it is a better approach for you to design your life the way you want simply by eradicating these obstacles in your life. Women nowadays do not realize the importance of saving and growing money, therefore, it is crucial, especially for a woman to invest in real estate and make her life prosperous. 

1. Know your things 

The first aspect of investing in real estate is having a clear idea of the stuff. It does not mean you have to know everything, instead, you should know the basic things. It includes mostly the things you are unaware of. I, personally made a list of the things I had no idea about, therefore, I would suggest you do the same. Gaining knowledge about...

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How Our Rental Properties Pay for My Daughter's College Education

It has been so long since I have gone live on Instagram. I barely get time to chat, thanks to my flourishing real estate business. It all used to be a dream at one time. I didn’t start from here. Instead, it started from taking loans to pay for the tuition fees. But now, I am using all my rental properties to pay for my daughter’s college fees, without even taking loans from anywhere. 

Background 

My life was never filled with unicorns and butterflies from the beginning. Neither my daughter was born with a golden spoon. She was diagnosed with dyslexia when she was just 8 years old. She was in a private school and just in third grade. The challenges in her life started from there. You might be aware that Philidalphea’s private schools do not pay any heed to the special child, even for the extra classes. Therefore, I had a double financial responsibility. I was paying her school fees and therapy fees simultaneously. I went to the attorney to fight for...

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