05Feb 2018 by Hyrum Gray
Your Spending & Savings Habits Are Wrong

Your Spending & Savings Habits Are Wrong

Future Wealth, Saving Money
Spending Habits Are More Important Than Earning Habits [caption id="attachment_197" align="alignnone" width="300"] Spend wisely[/caption] According to the U.S. Census Bureau, the average household income was $34,376 in 1995 & $73,298 in 2014. If you earn the average amount during your life for Americans you should be able to have a great retirement. Why is it that some people who earn the average throughout their life will have a great retirement & others earning similar amounts won't? Of course, there are many factors that cause the disparity in retirement savings. This article will focus on only one of those factors. The truth is that most people spend parallel to their earnings. If you fit into that category then you are stifling your wealth potential. With every raise, people tend to equally…
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26Jan 2018 by Hyrum Gray
Talk More About Investing & Less About Spending

Talk More About Investing & Less About Spending

Future Wealth
Why Doesn’t Anyone Talk About Their Investments [caption id="attachment_190" align="alignnone" width="300"] Talk about your investments[/caption] The other day (every day really) I hopped on my Instagram & I started watching stories. Account after account after account just kept saying things like: These are the best pants I’ve ever bought. You must go buy them. I just got out of the shower & I am telling you, you have to buy this shampoo & conditioner. Check out this new rug that I am obsessed with. We’re staying at this nice hotel downtown. Best view ever. After watching a bunch of these stories I started thinking, why doesn’t anyone boast or ever talk about where they are investing their money. Everybody talks about where they spend their money but not where they…
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17Jan 2018 by Hyrum Gray
5 Reasons to Track Your Spending

5 Reasons to Track Your Spending

Future Wealth, Saving Money
5 Reasons to Track Your Spending How much did you spend last month eating out? What were your utility bills in December vs July? Has your cell phone bill been slowly getting bigger? These are the questions you should know the answers to. I’m not saying you should have a general idea of these financial answers. I am saying you should know the EXACT dollar amounts of each of these. Let me tell you mine: Eating out in December 2017: $150.45 Utility bills (Electric, Gas, Water, Garbage, Sewage): December 2017-$331.99  July 2017-$527.03 Cell phone bill has stayed the same for years: $72.25 + $72.25 for my wife Here are five reasons why you should start tracking your spending today. You need to be in control   If you don’t know…
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