In 2009, Sports Illustrated published an article that revealed that 78% of NFL athletes go bankrupt or are under financial stress two years after retirement. For NBA players, it was 60% that end up bankrupt within five years of retirement. None of those statistics are flattering, considering those players made hundreds of thousands if not…

Millennials, also known as Generation Y, are the demographic consisting of individuals born between 1981 and 1996. While many millennials are just now becoming part of the workforce, others have been part of it for 20+ years. Just as with other demographics — such as baby boomers, Generation X and Generation Z — the average…

One of the most important ways to attain financial freedom is to have greater control over your income. While cutting back on expenses is a good way to reach your financial goals, on the flip side, increasing your base income can accelerate the path to financial freedom. This is also known as passive income.In its…