Lifestyle

T Harv Eker’s Net Worth

t harv erker's net worth

Going from $0 to millionaire is already a challenge, so to do it in two and a half years seems almost like a miracle. That is exactly what motivational speaker and author T Harv Eker claims he was able to do, according to the biography on his website. Although numbers vary, T Harv Eker’s net worth reportedly stands at roughly more than $3 million. So, how did he accomplish such success in his life?

T Harv Eker’s Career

Eker always had a strong work ethic. Coming from a low-income home, he began working at the age of 13. Throughout his teenage years, he would deliver newspapers, scoop ice cream, sell suntan lotion at the beach, and so on. He dreamed of becoming a millionaire, and so, during his time in college, he left his studies at York University to pursue his ambitions.

With a variety of jobs under his belt, he started several different businesses, but they did not work out. Life took a temporary turn for the better, though, when he opened a retail fitness store in North America, which he expanded to 10 different locations in only two and a half years then sold a portion to a Fortune 500 company, his website states. Although the sale did make him a millionaire, mismanagement of his money led him to lose his fortune in less than two years. Avoid finance mismanagement. Get tips from a real financial coach from Empower Finance.

After his financial loss, he began to study people’s relationship with money, which led him to develop theories, such as his “Millionaire Mind” concept, he wrote in his New York Times best-selling book, Secrets of the Millionaire Mind with over a million copies sold.

Sources of Income

Along with his book, Eker is a motivational speaker and developed programs that help others learn how to be successful through financial courses he created. These include but are not limited to Life Makeover Coaching, Million Dollar Business Secrets, and The Wealthy Marketer. These mentoring and coaching programs range from a one-time payment of roughly $300 to $500 to about $300 per month for the more involved courses. He also speaks at events and produces seminars, sharing his knowledge of obtaining (and keeping) your wealth.

t harv eker seminar

Additionally, he formed the seminar company Peak Potentials Training, which was then acquired by event production company Success Resources, according to the company’s November 8, 2011 press release. Eker, however, continued to support the operations of Peak Potentials.

Eker also wrote another best-selling book called SpeedWealth, which was self-published.

T Harv Eker’s Net Worth

The above resources brings T Harv Eker’s net worth total to an estimated $3.5 million, according to this source. With his reputation as a money expert still to this day, his net worth is likely to continue to rise as he continues to sell his online courses through his website and speak at events. He also continues to offer free trainings, which helps to lead to an increase in sales for his programs.

Eker is proof that you can go from zero to millionaire with perserverence, research, and good old-fashioned hard work. He is also proof that you can easily lose your wealth by not managing your money.

See another celebrity net worth article here. 

 

Photo credit: Risorse della Mente

Is Invisalign Worth the Cost?

orthodontist-287285_640When it comes to investing in your teeth, the cost of dental procedures can be daunting. Many procedures, such as braces, are a large investment that can end up costing thousands of dollars. When it comes to correcting the alignment of your teeth, Invisalign comes at a similar, but slightly higher cost than traditional braces, which brings up the question: is Invisalign worth the added investment?  Woodbridge dentist Dr. Taheri offers some insight to help you decide.

Traditional braces are constructed of metal wires and brackets attached to the teeth that are gradually tightened to adjust the bite and alignment over time. The process is monitored closely by a dentist to ensure that the procedure goes smoothly and the braces cause minimal damage on the teeth.

However, we all can remember back to our days in middle school and the metallic smiles of our classmates. Metal braces, while slightly cheaper than Invisalign, are unsightly, and bulky. The frames themselves are attached to the teeth with cement to ensure their movement, which can cause slight enamel damage to the teeth over time. On top of this, brushing and flossing with traditional braces can be a challenge, often leading to yellowed, poorly-cared for teeth.

After the braces are removed, a retainer may be required to prevent further shifting of the teeth, and whitening treatments may be needed to remove the stains left behind by the braces themselves. Along with all of this, traditional metal braces are prone to losing their wires, causing irritation to the walls of the mouth and potentially damaging the patient’s gums in the process. While traditional braces typically cost $2,000 less than Invisalign, they pose their own set of issues down the road.

Invisalign braces are made up of a series of clear retainers specially fitted to gradually move the teeth into their optimal position. They can be used for minor or more serious tooth adjustments, and as such the price of the treatment depends on the severity of the tooth misalignment. On average, Invisalign braces cost between $3,500 and $8,000 dollars, depending on the dentist who is prescribing the treatment and the severity of the tooth misalignment.

While this seems like a daunting price at first, it is important to note that many insurance companies cover Invisalign braces at the same levels as metal braces, which can significantly cut down the cost of the treatment depending on your insurance plan. On top of this, Invisalign braces are much less damaging to the surface of the teeth, as they are simply a clear retainer worn through a majority of the day. Unlike metal braces, Invisalign does not interfere with normal brushing and flossing routines, leading to cleaner, more consistent dental hygiene.  And like the name implies, Invisalign is almost completely invisible, meaning they are perfect for adults who wish to adjust their teeth without interfering with their smile.

As with any dental procedure, it is important to consult your dentist to see if the treatment is right for you, as well as to discuss potential costs and concerns about the treatment itself. While Invisalign is slightly more pricey than traditional braces, it comes with its own set of benefits that may be worth the investment in the long run.

What Is the Difference Between Rich and Poor?

difference between rich and poor

According to the United States Census Bureau, the official poverty rate in 2015 was 13.5 percent, which is actually down 1.2 percentage points from 2014. However, despite this decrease in U.S. poverty levels, there is an increase of individuals who consider themselves lower middle class or poor. In an article by Geoff Williams posted on U.S. News’ website on April 24, 2014, Geoff reports that, based on numbers by the Pew Research Center, 25 percent of people considered themselves poor in 2008; today, 40 percent believe this. So, why is this? What is the difference between rich and poor? And is there anything we can do to change that?

How the U.S. Defines Poverty or Poor

Although the number fluctuates year to year, the Federal Poverty Level (FPL) for 2017 for a family of four is $24,600 in the 48 border states and Washington D.C., $30,750 in Alaska, and $28,290 in Hawaii. The U.S. Census Bureau outlined in their 2015 numbers that those in deep poverty, which is defined as a household income below 50 percent of the 2015 FPL, made up 44.6 percent of those in poverty and roughly 6 percent of Americans.

The middle class, though, is a little harder to define, but that is another article for another day.

What Is the Difference Between Rich and Poor?

The obvious differences between those considered rich and poor include income, housing, food, and lifestyle. But, when we dig deeper into the topic, there is actually so much more to it than that.

Motivational speaker and author T Harv Eker notes one big surprising aspect to getting rich in a post on his website from February 2: adding value to people’s lives. Being rich, he says, is not all about you. The more people you help, the richer you become in all senses of the word: emotionally, spiritually, and financially.

Another major factor that Eker attributes to the difference between rich and poor is that rich people see opportunities and poor people see obstacles. There are no “ifs” for what they want to achieve but rather “when.”

Tom Corley, who is also an author and speaker, spent five years studying poor people and their habits. Along with gambling, he found that wasting time comes into play. This can be anything from watching reality TV to spending unproductive time on the internet.

“Time is money,” he says. “The rich understand this.”

He adds that 65 percent of the rich created at least three different streams of income in their lives. The poor, on the other hand, only relied on one.

Additionally, Corley found in his study that 93 percent of the poor people observed did not budget their spending. Not to mention, 61 percent did not own their own home, while 100 percent of the rich in his study did.

Final Thoughts

Just as the difference between rich and wealthy is about mindset, the difference between rich and poor is all about habits. There is a famous quote supposedly said by Bill Gates that goes, “If you are born poor, it is not your mistake. But, if you die poor, it is your mistake.” Whether or not he actually said this is still a bit of a mystery, but regardless, the meaning rings true.

You have the power to change your financial situation, and believing that is the first step. It won’t be easy, but it will be worth it.

What are your thoughts on the topics?