Accelerating your wealth during your working years can pay major dividends later in life, setting you up for a comfortable retirement. You’ll have a lot longer to compound significant wealth and harvest a long term income stream (if you choose to be invested in dividend stocks). So what are some of the moves that you can make?
You shouldn’t be surprised to find that plenty of people today happen to be under a debt burden. In such a case what becomes the utmost priority is for people to get out of debt as soon as possible. It’s not just a psychological burden, but also a financial hassle. Debt never does anything good for your financial health. Rather, debt is a financial malady that keeps growing over time and becomes larger as well as more burdensome. Undoubtedly paying off debt is possible, but even then you’ll find people going deeper into the debt trap even while trying to get rid of it. This is essentially because of people resorting to wrong options to pay off debt. [Read more...]