Lifestyle and Budget

How Long Does It Take to Become Rich?

How long does it take for the average rich person to become rich? Ten years, 20 years? How about 32 years. That’s how long it took the average self-made millionaire, according to my data. In my Rich Habits Study, 76% of those who were wealthy were self-made millionaires.

7 Life Changes That Could Help Your Finances

Some people may find ways to boost their income; others may take a deep cost-cutting route. In either case, the goal is the same: Improve your household’s cash flow, so you’re doing more than just treading water—you’re actually moving forward on long-term financial goals.

How to Put Your Credit Cards on Pause

If you are starting your new year with more debt than you anticipated, it might be a good time to consider avoiding credit card use for a while. Here are six different strategies that you can use to put your credit cards on pause while you regain control of your finances.

What Is Your Investment Strategy?

A recent survey found that young people are most likely not to invest, that most people prefer to let others do their investing for them and that, the older people get, the more their investing strategies change from passive to active.