Invested Wallet is a personal finance, investing, and financial freedom blog.
Giving your child a debit card can be an excellent way to teach them about money and budgeting early in life. With consumer debt in the US growing to over $14 trillion, according to CNBC and the Fed, any step you can take to help promote financial literacy early can go a long way. However, not all debit cards for kids are created equal. Some…
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As you go through life, you might meet people who you would never know are extremely wealthy or have amassed quite large fortunes. And maybe you also fall into this category currently as well. But these wealthy people are your neighbors, family members, or even friends that have done quite well for themselves but have blended into the traditional middle-class…
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Improving your financial health usually revolves around basic categories like cutting expenses, making a budget, saving and investing, and making more money. And while each of those steps is important, we often neglect to focus on our money mindset first. Typically, if you’ve listened to or read any money advice out there, it is all about diving right into your…
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With so many new approaches to early retirement and the FIRE movement, it might be hard to keep track of it all! But the good news is that you have more options to pursue the right path that fits your personal finance needs. Another popular retirement strategy is called Lean FIRE. And just like the name implies, you are slimming…
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While index funds or ETFs are a simple and effective investment strategy, you might want to explore your investing further. Another option you have is to start investing in individual stocks, which can be a great way to mix-up your portfolio and even achieve greater returns. However, there are more risks by investing in individual stocks, and finding the right…
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Have you ever thought about investing in farmland? Don’t worry — you do not need to become a farmer or worry about growing and maintaining crops, or take care of livestock. But as you probably know, diversifying your investment portfolio is one of the smartest things you can do when you start putting your money to work. And expanding into…
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