Rule #1 Finance Blog

financial control

Best Ways to Save Money And Improve Your Financial Standing

Phil Town

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Posted in financial control

Saving money can be difficult to commit to, but if you start now, you can set yourself up for the future you’ve always hoped for.

For many people, financial struggles are a direct result of not bringing in enough money.

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The Rule of 72: Learn How To Double Your Money with Compound Interest

Phil Town

6 comments.

Posted in financial control

Did I have you at “double your money”? 

You can double your investments quickly if you get a great rate of return thanks to the power of compound interest. But, how will you know what rate of return you need to double your money in the next 3, 5, or 10 years? Well, there’s a formula for that and it’s called the Rule of 72

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Are Robo-Advisors a Good Idea?

Phil Town

20 comments.

Posted in financial control

Robo-advisors are one of the hottest topics in the financial advising business right now. 

People are beginning to warm up to the idea of having a computer algorithm manage their money in place of a financial advisor. 

And there are tons of different options out there like Robinhood and Betterment that are becoming increasingly popular – but will these services actually help you make smart investing decisions? 

Let’s break down how robo-advisors work to determine if it’s the best way to manage your financial portfolio.

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Should You Re-Evaluate Your Investments?

Phil Town

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Posted in financial control

If you invest the Rule #1 way, you have probably made some pretty incredible investments. While you have done your due diligence to pick wonderful companies that you can hold onto for years, if not decades, you’d be remiss not to re-evaluate your investments from time to time.

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How to Build Generational Wealth and Keep it!

Phil Town

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Posted in financial control

You have likely thought about generational wealth whether you know it or not. It means wealth for you, your children, your grandkids, their grandkids and so on all the way down generations of family members.

Worrying about our kids is second nature. If you have considered how your own parents provided for you, or have thought about how you will make sure you have enough in the bank to sustain your family after you’re gone, you have mulled over this concept of generational wealth.

With the right planning, you can set up your family business or investment portfolios to bring financial success for hundreds of years.

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5 Step Money Challenge to Prepare for 2021

Phil Town

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Posted in financial control

It’s important that before you actually start investing on your own, that you get your financial house in order. Many people don’t track their spending and many of us haven’t started saving for retirement. There’s always room for improvement when it comes to what we’re doing with our money, which is why I want to give you a financial challenge…

Are You Ready to Commit to Saving and Investing?

Get Your Finances on Track with my 14-Day Financially Fit Challenge

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InvestED: The Rule #1 Podcast Hits 7 Million Listens!

Phil Town

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Posted in financial control

From stock market basics, to learning how to invest money on your own, to your weekly dose of real-time news, investing tips, and insights… InvestED has covered it all over the past few years.  Read more.

Is Your “Side Hustle” Making You Money?

Phil Town

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Posted in financial control

Picking up a “side hustle”–a part-time something to earn a little extra money outside of your day job–is becoming all the rage right now. Many people including influencers and self-help gurus talk about side-hustles as a way to make more money, while working even more. Read more.

What Really Causes Recessions?

Phil Town

0 comments.

Posted in financial control

There’s a lot of speculation that another recession is on the horizon.

You may ask…

Are these speculations true?

Will my family be affected?

What will happen to my stocks and my money? Read more.

5 Financial Regrets (And How to Avoid Them)

Phil Town

0 comments.

Posted in financial control

Many times in life, regret is unavoidable. When it comes to financial regret though, you really try to avoid it as much as possible.

Regret over money is just the worst… Read more.