Money Enthusiasm | Your Guide to Financial Happiness

Saving money is important for achieving life’s big goals, like buying a home, retiring comfortably or taking a dream vacation. However, saving aggressively doesn’t have to mean depriving yourself of enjoyment today. With some smart techniques, you can steadily save for the future while still having fun now. First, create separate savings accounts for different…

Cryptocurrency has come a long way in the past decade. When Bitcoin launched in 2009, few people took it seriously or thought it would become a major asset class. Yet here we are, 10 years later, and cryptocurrency has produced some of the best returns of any asset over the last decade. The total market…

Building a strong financial portfolio is crucial to achieving your long-term financial goals. The first step is determining your investment objectives and risk tolerance. Do you want to maximize growth or generate income? How much risk can you handle? These questions will guide how you allocate your investments. Next, choose a mix of investment types…

Cryptocurrencies have been on an absolute tear recently, vastly outperforming traditional investments like stocks, bonds, and commodities. While skeptics argue that cryptocurrencies are speculative bubbles with no intrinsic value, proponents argue that they are the future of finance and will transform how we store and exchange value. The largest cryptocurrency, Bitcoin, has seen its value…

An emergency fund is one of the most important financial tools you can have. It’s a savings account with enough money to cover essential expenses for 3 to 6 months in case you lose your income due to job loss, medical emergency, or other unforeseen circumstances. Having an emergency fund gives you a financial cushion…

Investing money is one of the best ways to build wealth over the long run. However, putting all your eggs in one basket is risky. If that investment goes south, you could lose a big chunk of your money. That’s why diversifying your investments is so important. Diversification means spreading your money across different investment…

Donald Trump Jr. made a surprise announcement this week that he has become an investor and advisor for a new decentralized finance (DeFi) crypto project. While the details are still emerging, this could be a game changer for the world of DeFi and cryptocurrencies. DeFi aims to provide financial services without the need for traditional…

Mox Bank, a new cryptocurrency exchange based in Wyoming, launched a platform today that allows customers to trade bitcoin and ether exchange-traded funds (ETFs). The new platform enables users to buy and sell shares of ETFs that hold either bitcoin or ether, the two largest cryptocurrencies by market capitalization. Cryptocurrency ETFs have been slow to…

Having multiple income streams is one of the best ways to achieve financial stability and independence. Instead of relying on a single source of income, diversifying your earnings allows you to have a steady cash flow even if one stream dries up. Here are some effective ways to create multiple income streams: Develop a side…

Financial independence is the ultimate goal for many people. No longer being reliant on your job for income means true freedom to live life on your own terms. However, achieving financial independence is challenging and requires diligent planning and persistence. Here are 10 proven strategies to achieve financial independence and live free: Develop a realistic…

The US Treasury frequently buys back government debt from investors to reduce the total debt outstanding. This impacts the economy in several ways. When the Treasury buys back government bonds, it reduces the supply of bonds in the open market. With lower supply but steady demand, the prices of the remaining bonds rise. The higher…

During times of economic uncertainty, it’s normal to feel worried about your financial stability and security. However, by taking proactive steps you can navigate an economic downturn and protect your wealth. The key is to avoid reactionary measures and focus on prudent financial management. Review your budget and look for expenses you can reduce or…