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1 week ago | 
moneyinc.com | Allen Lee
Chris Moneymaker has cemented his status as one of the most influential names in professional poker. With a current estimated net worth of around $16 million, Moneymaker built his fortune brick by brick, primarily by doing what he does best: playing poker. Two decades after his successful run at the 2003 World Series of Poker Main Event, Moneymaker continues to build his wealth through his extensive involvement in the professional poker world.
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2 weeks ago | 
moneyinc.com | Allen Lee
In the high-stakes world of venture capital, where founders chase unicorn status and investors seek exponential returns, Jordan Fried is deliberately swimming against the current. The serial entrepreneur who made his name in the volatile blockchain space is now championing a contrarian investment thesis: boring is better.
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2 weeks ago | 
moneyinc.com | Allen Lee
Tax-efficient investing is a cornerstone of wealth preservation, particularly for high-net-worth individuals seeking to minimize liabilities. Among the most effective tools for achieving this are municipal bonds, which offer income streams shielded from federal taxes.
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2 weeks ago | 
moneyinc.com | Allen Lee
Starting a business as a total beginner sounds overwhelming—until you realize how many simple, smart ideas are sitting right in front of you. With the right guidance and a bit of creativity, you don’t need an MBA or a big investor to get moving. Whether you’re more comfortable working behind a laptop or you prefer something more hands-on in your community, there are real opportunities out there right now. Some are online-only. Others require some on-the-ground hustle.
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3 weeks ago | 
moneyinc.com | Allen Lee
Knowledge of the market and the economic landscape is vital for managing your money. But the emotional aspect of wealth planning can be equally powerful. How we think about money shapes the way we spend, save and invest. To build a well-rounded financial plan, it’s key to understand how your psychology may affect your money decisions. Let’s dive into the psychological side of effective personal wealth management below.
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3 weeks ago | 
moneyinc.com | Allen Lee
Twenty years is the time when you stop being financially dependent on your parents, try to find your place in life, and learn from your mistakes. The habits we acquire at this age remain with us for the rest of our lives. We have compiled a list of 20 mistakes to avoid in order to build a happy and strong future. 1. Spending more than you earnLiving beyond your means is a common financial mistake.
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1 month ago | 
moneyinc.com | Allen Lee
If you ask people to name their most prised possession, the majority will probably think of their house, their car, a piece of jewellery or any other object that’s worth a lot of money. While material items make our lives easier and more pleasant by enhancing our safety and comfort, the most important asset that one can ever have in life is health. It’s not for nothing that we have the saying health is wealth.
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1 month ago | 
moneyinc.com | Allen Lee
Bitcoin is a pioneering digital currency that paved the way for Web3 innovation. As the first cryptocurrency available for investments and trades, Bitcoin’s technology established the blueprint for upcoming projects like altcoins, meme coins, and stablecoins. One reason users needed coins other than Bitcoin is its increasing mining difficulty and growing transaction fees. As more miners contributed to the blockchain, the hash rate exploded, affecting computational needs.
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1 month ago | 
moneyinc.com | Allen Lee
Managing debt can be an overwhelming challenge for many individuals. The burden of financial obligations often leads to stress, anxiety, and a sense of hopelessness. However, with proper budgeting techniques and a strategic approach, it is possible to regain control of one’s financial situation and work towards becoming debt-free. What are the challenges when it comes to managing debt? Debt management presents numerous obstacles that can hinder financial progress.
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1 month ago | 
moneyinc.com | Allen Lee
Starting a business is exciting, but it also comes with financial challenges. Many new businesses struggle to stay afloat, and financial missteps in the first year can be hard to recover from. New entrepreneurs often focus on building their brand, attracting customers, and refining their products or services. While those things are important, financial decisions in the early stages can determine whether the business survives or fails.
