Frank Wealth

  If you want to build wealth fast – like really fast – then investing in a vehicle such as a Roth IRA will not get you there. If you’re younger and your income limits allow, open up a Roth IRA. Invest in mutual funds and ETFs. Make sure you have enough cash in your emergency fund. Starting your financial life with those good habits will bleed over into your success in building wealth. Okay, so how do you build wealth fast? Let’s take a look. Drop Your Living Expenses Like Crazy I know, this isn’t very exciting, but this is the definition of wealth. As Todd Tresidder of FinancialMentor.com says, “Great wealth builders focus on both saving money and earning more.” What Todd is pointing to here is the gap between your expenses and your income. Expenses should always be lower than your income. The larger that gap, the more wealth you can accumulate. Let’s face it, you can’t invest unless you have money to invest. If you’re currently living beyond your means and have no additional mone...

  How can you earn more money? You’d think a question this simple would have a simple answer. Yet experts’ attempts to explain the nuances of earning — whether disguised as personal finance, business management, or the importance of education — could fill a file server. You could read all the articles, watch all the how-to videos, listen to all the podcasts, and even attend the right business school, but still not know the best ways to make money. Why is it all so complicated? I have an idea: It’s because only you are qualified to answer the question of how you can make more money. Think about it: Just like our relationships, our time, our food preferences, and even our financial choices are personal. What works for me may not work for you. Likewise, I might not survive a day doing something you’d excel at. And while education, knowledge, and experience matter a lot, they are only the ingredients. You have to get into the kitchen to cook up your own recipe for financial success and...

  Treasure hunters would revel at the idea of getting free money. But is it really a thing? I mean, are there seriously companies out there that will just give money away because they are nice? Yes, and no. Companies often pay out sign up bonuses when you use a new service. Some of the best (and easiest) ways to get free money are to switch services that you use every day anyway, such as bank accounts or credit cards. Other companies will pay smaller bonuses for you to try their app. Take a look at this list of ways to get some free money fast, and choose the best options for you. Attention student loan holders: Now is a great time to refinance your private student loans to get a better rate and save on your overall monthly payments.  Best of all, this is totally free to do! However, if you have federal loans, we recommend you not refinance them at this time as you may lose forbearance and other protections. We all need our savings accounts to be much larger than they are. But...

  Selling ebooks is big business for many people. According to the Association of American Publishers, 2019 saw 335.7 million ebook sales in the United States alone. And according to Amazon, thousands of indie authors made $50,000 or more in 2019 — on Amazon alone. Ebook sales for 2020 have gone through the roof, mainly due to the pandemic.  As you can see, you can make money selling ebooks.  The ebook publishing process has been simplified as much as possible by aggregators and the retail giant Amazon, but it still takes some know-how. Without guidance and resources, you can easily spend hours groping around in the dark trying to write and publish a book people will buy. And, in fact, it’s best to start your research before writing your book.  Luckily, guidance is just what I’m here for. I’ll take you through the whole journey, step by step. And for the purposes of this article, I’ll stick to publishing on Amazon, since it currently holds much of the ebook market. S...

Elon Musk, a man constantly making waves at the forefront of innovation. Driven by his boundless curiosity, the key trait he utilised to establish industry-leading companies like SpaceX, Tesla, PayPal and many more within a scant few years. So what is the secret behind Elon’s genius? You may have wondered how this man can seem so smart, well here are 6 steps you can take to follow his way of thought. 1. Open up to new perspectives Many think that specialising and becoming an expert in a particular field is the way to success and the forefront of development, Elon Musk begs to differ. Rather than becoming an expert in a single field, Elon Musk is an ‘expert generalist’ with deep knowledge in multiple fields of different disciplines. Here are some of the things you should do to be as knowledgeable as him: Look for a subject that interests you and don’t be afraid of the difficulty in learning it Challenge the established status quo. Look for new opportunities rather than ones people are a...

In a country where economic deficit and unemployment have become the order of the day, conceptualizing a business idea in Nigeria and subsequently starting it can be likened to a goldmine which offers an opportunity for people to tap into a better livelihood. According to Statista.com, a total of 32.5% of Nigerians were unemployed in 2021, with a forecast unemployment rate of 33% in 2022.  Apart from being a gateway to self-employment and helping to put an end to job hunting, starting a private business from various business ideas also comes along with several advantages which include but are not limited to:  Unlimited freedom  Unlike working under someone or organization, where your mode of operation and work is being dictated by your boss/superior, personal l business gives you the privilege to work at your own pace and with ease. This is most suitable for people who may not have what it takes to work for a company due to certain conditions such as old age, underlying m...