Do you need a college degree to earn money?
While a college degree can certainly help you earn more money, it is not necessarily a must in order to have a good job, and make good money. For the majority of the population, college just seems like the right step for a financially sound future. However, school is not for everyone, and if you don't know what you want to do, it can actually cost a lot more than it is worth. If you go to school for several years without figuring out your degree, tuition, living expenses, text books, and the like can add up really quickly, and the payoff not be high enough to justify the student loan debts. So, what can you do without a college four-year degree, and still make a decent living?
There are a number of different types of savings plans available to fit a number of different needs. Most of us have or are working towards obtaining a savings account at a bank or credit union. Savings plans are really the foundation for good financial planning. Unless you can create a budget and manage your finances to the point that you live on less than what you make, you will never be able to financially plan for the future. Savings plans are all about looking ahead. Some savings plans are designed for looking farther ahead than others. Basic savings plans are there for any unexpected expense, college savings accounts are kept until the kids go to college and retirement accounts are managed throughout one's life with the hope that at retirement age you will have enough to live comfortably. All of these savings plans are important to have if you are young and especially if you are raising a family. Here is a little more information about each of these three savings plans.
Many people know and understand the importance of a savings account. Having money set aside in case of an emergency, unexpected expenses, or other situations, such as a layoff or medical bills. Without savings, one event can ruin a family or person financially. 
There are two views on money. One says there isn't enough of it for you to get what you want. This view is called "The Law of Scarcity." The other says there is more than enough to go around and explore possibilities to get your hands on some of it. This view is called "The Law of Abundance." If you look at straight facts, there is enough money to make everyone in the world at the very least upper middle class if not very well to do. So why are you living in a life of scarcity rather than abundance? It is because you haven't chosen something better for yourself. Living the law of abundance can be as simple as changing your perspective on money. Your mind has the potential to create the life you want. The key is a positive outlook. Henry Ford once said, "Whether you think you can or you think your can't, you are right." You will get what you believe you will get.
One of the secrets to wealth and financial independence is having your money work for you. There are several ways to do this, but one of the best is in generating a passive income. Passive income is money received on a regular basis that requires little to no effort on your part to gain. Here are some ideas for generating a passive income.
During these hard financial times you may be considering whether the stay-at-home spouse should go back to work or not. An extra income is nice, but you have to carefully consider your circumstances and whether a second income is worth the costs you'll pay. It is good practice to sit down as a couple or as a family and see if a second income is worth it. Here are some things to consider when deciding: