Payday loans are dangerous little devices. They offer an extremely temporary feeling of stability, until the next bill roles in, or you need to pay the loan back. They hide their interest rates by charging a “flat fee.” After all, would you rather take a one month, $200.00 loan that charges a $20.00 fee, or take that … Read more
What is wealth to you? To many people wealth is a big number at the end of many years of saving and investing, and to others it is a yearly or monthly income. To us, wealth is a dollar figure that will allow a person to continue their quality of life to the end of … Read more
Many people think water will be a privatized commodity in the future. In fact, a google search of the phrase “water privatization” yields about 641,000 results. Another search for “how to invest in water” yields about 31,000,000 results. There are many crazy ideas for investing in water. And some of them might even work… if you’re Ted … Read more
“I Hate My Job!” If that sounds like you then why aren’t you profiting from your employer? Sure, you are probably drawing a paycheck, but are you going to forever get passive income from them? If your answer to that is no, then change it to yes! Turn Your Job Into a Passive Income Generator … Read more
On Friday, we discussed diversifying income by creating multiple streams of income. This will hedge against the impact of one stream shrinking, or being eliminated altogether. We will now discuss an example to help illustrate this idea. How Do You Diversify Your Income Streams? Let’s say that you decide to write articles online. There are … Read more
There are a number of ways to earn passive income, but by far the best performing ones that we have seen so far has been writing online. If you’ve decided that you want to write articles online then this is for you. Writing Articles Online First, you must decide how you want to get paid. … Read more
You diversify your investments just in case, you purchase health insurance, car insurance, home owners insurance, and countless other preventative products, so why do you depend on one company for your income? Often overlooked, people put all of their “income eggs” into one basket. Growing retirement income is an excellent and highly suggested path to … Read more
The Lottery Winners We’ve heard that you can learn something from anyone whether it be what to do, or what not to do. On Sunday April 18, 2010 we saw an episode of Moving up on TLC. This particular episode is called “The Lottery Winners” and it details how a couple won a $600,000.00 lottery. … Read more
Build Wealth With Passive Income You may have read about how passive income is important and that even millionaires and billionaires use it to their advantage. Passive income is very much a “brick by brick” approach, and won’t result in your being rich over night, but over time it will build a nearly impenetrable wall … Read more
Dividends are one of the most basic forms of passive income. They tend to be consistent, and they aren’t hard to obtain. Dividends are paid by stocks, bonds, ETFs, mutual funds, and are often noted to be one of the best ways to invest. The main reason, when looked at on a longer timeline, is … Read more
“Are We Debating Just To Win The Argument?” It is no secret that a major contributor to divorce is finances. There is a lot of “my money, her money” and very little teamwork. We have no doubt that there is probably at least one couple out there that works well with those pretenses, but the … Read more
If you have been following The Wealth Artisan then you may already know about our affinity for passive income and you may have heard of “The Passive Income Tidal Wave.” Passive income is, and will be a common topic around here because we feel so strongly about it. Passive income is one of those subjects that … Read more
Dinner dates, they are the most fundamental aspect of a relationship. What is more romantic than going out to a fancy restaurant, getting a fine bottle of wine, hearing that amazing music, being in the perfect atmosphere, and enjoying the company of the person you adore? The only problem is that it comes with a … Read more
People tend to nickel and dime themselves to death each month. Then, at the end of the month, they wonder why they never have money left. What we are going to highlight here is a phenomenon that we’re going to call “Nickel and Diming Yourself to Savings.” Our challenge to you is to eliminate some … Read more
Many, especially in the United States, have a profound obsession with televisions. People act as though we need televisions to survive. To compound the problem people also think they need the latest, clearest, flattest TVs on the market. I’ve heard many excuses ranging from I’ve had my TV for a while, all the way to … Read more
We love food, we all do, and some of us love it more than we should. This is why a grocery list is an important tool in the arsenal of the frugal. For me, going into a grocery store without a shopping list is like giving a kid a blank check and sending them to … Read more
Hello Everyone, The weekend is here, and I’m sure many of you are happy about that! We at the Wealth Artisan have a treat for you! Below are some links to help you plan your shopping! We are including some links for you to see what will be in tomorrow’s Sunday Paper Ads. Enjoy, and … Read more
No you don’t. At least, generally, you probably don’t. There is no doubt that some of our readers reading this are in the red, that is: your outgoing money exceeds your incoming money. But that doesn’t mean that you need more income unless all of your money is going towards obligations, and absolutely $0.00 is … Read more
If you are still using a traditional land line phone then you may seriously want to consider getting that fixed. Depending on your features, you may be paying up to $60.00 a month! For $40.00 a month you could get an unlimited cell phone plan (taxes included, No contract) at MetroPCS, for $50.00 a month … Read more
We use the term “Uber-Consumer” or “Uber-Consumerism” from time-to-time. It is a term we’ve coined to describe a new level of consumerism. We think it is necessary to define this term so there is no confusion about what we mean. Uber-Consumerism describes the act of uncontrollably buying things people don’t really need. Commercials Make You Unhappy … Read more
My wife and I will occasionally dine out, which I know isn’t good for saving money, but have you ever noticed that food portions are huge? I did a little research and found a great article demonstrating how portion sizes have changed over time, check it out here. Save Money by Sharing Meals The good … Read more