Why Pretending to Be Rich Is a Bad Idea

How Economic Outpatient Care Leads to UAW Children

Why do some people pretend to be rich by spending money on luxury items and premium experiences? How does trying to project wealth prevent you from creating it? For some people, it’s more important to create the illusion of wealth than to acquire actual wealth. However, projecting wealth and generating wealth are mutually exclusive. When you spend money to create the illusion of wealth, you’re sabotaging your long-term financial prospects. Here’s why pretending to be rich is a bad idea.

8 Self-Sabotaging Beliefs About Money You Must Overcome

8 Self-Sabotaging Beliefs About Money You Must Overcome

What role does mindset play in financial success? How do you identify and overcome financial beliefs that hold you back? According to MJ DeMarco, the author of Unscripted, the state of your finances depends on your financial mindset, that is, your beliefs about money. If you want to get rich, you need to cultivate an entrepreneurial mindset. To do that, you must first dismantle your limiting beliefs about money. Here are eight unproductive beliefs about money you must overcome if you want to build serious wealth.

Get Rich Fast: Is There a Shortcut to Wealth?

Get Rich Fast: Is There a Shortcut to Wealth?

Is there a shortcut to wealth? What’s the secret to getting really rich really fast? According to entrepreneur and investor MJ DeMarco, there’s no shortcut to wealth. In order to build massive wealth, you must create massive value, which takes a lot of time, creativity, and other resources. Here’s why trying to get rich fast by pursuing get-rich-quick schemes won’t get you closer to acquiring wealth, according to DeMarco.

The 3 Major Areas of Life to Set Goals In 

The 3 Major Areas of Life to Set Goals In 

What goals should you set for success in all aspects of your life? What are the major areas of life to set goals?  You might want goals for every part of your life: finances, career, relationships, health, etc. However, it’s important to strike a balance when considering the areas of life to set goals. While you can’t prioritize everything, you also shouldn’t neglect everything to just focus on one or two areas.  Here are some things to consider when setting goals in different areas of your life. 

Why Do People Hate the Rich? The Uncomfortable Truth

Why Do People Hate the Rich? The Uncomfortable Truth

Why do people hate the rich? Are the rich truly to blame for the world’s poverty? Some people hate the rich because they believe that all rich people are inherently corrupt and selfish and that they prevent regular people from accessing money-making opportunities. This belief isn’t just untrue, it’s also limiting because it keeps you in the victim mentality. Here’s how hating the rich prevent you from becoming rich yourself.

The Top 10 Goal-Setting Books to Add to Your Reading List

The Top 10 Goal-Setting Books to Add to Your Reading List

How do you set goals for yourself? Where do you even start? How do you align your goals with your values and vision for your life? If you’re lucky, you know what you want from life and you have no doubt that this path is the right one. But if you aren’t sure, it’s never too early (or too late) to think about what goals you want to pursue in life.  To help guide you, we’ve compiled a roundup of the best goal-setting books to add to your reading list.  

The Secret to Getting Rich May Surprise You

The Secret to Getting Rich May Surprise You

What’s the secret to getting rich? Where should you channel your energy if you want to build serious wealth? There isn’t really a secret to getting rich. You get rich by creating value, and you create value by solving problems and catering to the needs of people. Therefore, if you want to get rich, you should reorient your focus from making money to creating value. Here’s why you can’t create wealth without creating value.

Can You Build Wealth by Earning Compound Interest? 

How to be Rich and Successful: 3 Steps to Follow

Can you get rich off compound interest? Why is relying on compound interest a bad wealth-building strategy? According to entrepreneur and investor MJ DeMarco, earning compound interest alone won’t get you rich. Instead of relying on compound interest to generate wealth, use it as a supplement to your profits. Here’s why you shouldn’t rely on compound interest as your only way to acquire wealth.

How to Fix a Broken Relationship: Advice From Pros

How to Fix a Broken Relationship: Advice From Pros

Is your relationship not working? How can you mend a relationship that lost its spark? What are some signs that your relationship is broken beyond repair?  Problems are part of life and a part of being in a relationship. When your relationship is broken, the key is not to fixate on the problems but to look for effective and mutually beneficial resolution options. With this in mind, here’s how to mend a broken relationship and how to end it—if you decide that’s the right thing to do.