MyFiLi Blog
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How to Use Compound Interest to Build Future Wealth
When I first started investing, I learned that compound interest is often called the “eighth wonder of the world”. It’s a powerful force that can greatly accelerate your wealth…
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How to Invest in Gold and Silver: A Beginner’s Guide
What I remember most about Gold and Silver is that people call it “God’s money”. They say this because it comes from the earth and it can’t be printed…
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How to Start Investing in the U.S. Stock Market as a Beginner
Before becoming serious about investing I would often hear about the companies “going public”, junk bonds and stock market crashes. I also heard it was risky so I didn’t…
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How to Stop Impulse Buying and Save Money
The most important thing I learned when it comes to being financially free is…wait for it. Discipline. We all like to buy things we want but careful consideration is…
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How to Understand Your Credit Score and Why It’s Important?
I remember seeing my first credit card statement in my 20’s. It showed my credit card balances and credit score. I didn’t max out my card, thankully. My available…
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How to Choose Between a Checking and Savings Account
I have some strong opinions on bank accounts. When I was a young 19 year old with $50 in my checking account, I would be charged $15 every month…