Category: F.I. Mindset
Wealth is a Mindset
You won’t be rich until you think rich. This is a fact that most people will never truly understand. When your mind is not prepared to receive wealth, you will never achieve wealth. Wow, that rhymes, and I believe I just made it up. How do you prepare your mind to receive wealth? There are…
Are You Retiring To Something, or Retiring From Something?
I cannot wait for my retirement! I have so many goals and interactions to look forward to that it is almost insane to think about it. Work is holding my life back from its highest potential. However, it is prudent to stick around in the workforce until a stable retirement is guaranteed. So I wait…
We Married Valentine’s Day 2006; 15 Things We Learned about Love and Finances
It’s Valentine’s Day! My wife and I have reached our 15th year of marriage, which is our Ruby Red Anniversary. Time for some reflection. When you have been married this long there is a lot to reflect on, however, I will keep it mostly focused on finances. Love and relationships are always tied together, even…
Don’t Gamble Your Retirement Away
Let’s take your retirement nest egg and head down to Las Vegas. I am feeling lucky and there will be a full moon out tonight. Let’s let it ride, bet on black, and put it all on number 23. Does this sound like something that you would want to do? It sounds like a horrible…
When is Enough Money… Enough Money? $42,000,000
Is this really a problem that people have? Yes, it is. Enough money. Wow, I would have never thought I would say that my wife and I are approaching that point. Don’t get too excited yet, we still have a long way to go. But, it is weird to even think that this is an…
Minimalism: 7 Ways it Leads to Financial Freedom
How much stuff does one person or one family need? I find myself asking this question almost every day? America is especially prone to materialism because we are a consumerist nation. This means that most of our gross domestic product comes from spending money on things. So how do we defeat the urge of materialism?…
Are Limiting Beliefs Keeping You from Greatness?
I meet amazing people every day in the Marine Corps. Their work ethic is above reproach. They consistently work from 6 am to 6 pm and think nothing of it. They accomplish all of their tasks on time and with no guidance. They are what we call “fire and forget.” I then ask them, every…
How to Create “Luck” with Money
Have you ever noticed how some people are always lucky? Some people always seem to earn a work bonus, win in Las Vegas, or get a scratch-off victory. But we are talking about a different kind of luck. Going even bigger, some people also consider movie stars, YouTube artists, and big-time bloggers as lucky. But…
Living a Middle-Class Life is Stressful
Stress is the silent killer. Looking back now, I realize how much stress I endured throughout my 22-year career in the military. Now, that I am almost completely stress-free, I can genuinely identify the stress in my past and what created it. Trying to live a middle-class life was my biggest stressor. Many times we…
Real Men Understand Finances
What does it mean to be a provider? What exactly are you providing and how much of it are you supposed to provide? Like most men, I thought that I had all the answers. I was working hard in my job, getting promoted, buying a house, and paying the bills. But then something happened. I…
How the Rich Buy Their Bling
For the majority of my adult life, I figured most of us spent money the same way. The middle class was middle class because they didn’t make as much money as the rich. The rich had high-paying jobs so they could afford boats and mansions. Recently, as I read more books, I discovered that this…
Living on Auto-Pilot or Driving Towards Abundance
In America, our lives are set up from the beginning to run on auto-pilot. Each person from age 0 to 18 has a very similar record of how they attended school. After high school, the differences start to form between those that go to college and those that do not. At age 26, most people…
Yes, You Can Create Assets From Thin Air
As Robert Kiyosaki said in “Rich Dad Poor Dad”, the Rich do not work for money. Reading through the book, the reader finds out that the rich acquire assets that produce income for them. They are always on the hunt for assets, investments, and ventures that will give them an amazing return on their investment.…
How to Prosper During the Next Recession
Recessions are horrible events for millions of Americans. They cause high employment, homelessness, and hunger. We need to ensure that we not only survive during these times but also prosper. If you dig deep into history, most fortunes were made during hard financial times. This is when you can buy property and businesses for pennies…
Our Kids need Financial Education AND Assets
Parents, it is time to finally come to terms with the state of the world as it is today. No longer can we act as if things are as they were. We were raised with the mantra of work hard, get a good education, get a high-paying job, start a family, buy a house, and…
5 Takeaways from “Unfair Advantage”
“Unfair Advantage” by Robert Kiyosaki is the greatest book I have ever read. Blanket statement. However, I would still recommend reading “Rich Dad Poor Dad” first (here) because it is the beginner level to his thought processes. I prefer “Unfair Advantage” because it is straight to the point, and he is even more direct on…
Hindsight is 2020
Reflection time. As we move into the new year, 2021, and leave behind the hot mess that was 2020, let us take a look at what was. Let us review our financial status and determine if we are better off now than we were at the start of 2020. Hopefully, by doing a deep reflection…
Keep the Job, Quit the Mindset
Let me be clear from the very start, having a job is not a bad thing. In fact, I am an employee just like you. I have been an employee since 1996, when I started working at Arby’s in San Diego, Ca. It is the employee mindset that ends up getting us in trouble. The…
It Feels Good to be in Control Of Our Finances
I was just talking to my wife Kris about how your New Years’ 2021 went last night. Then naturally we drifted to talking about the business of our household. We have been married for 15 years (in Feb 2021) and tend to weave in and out of business and leisure topics. This is how our…
5 Takeaways from “How to Take Smart Notes”
Honestly, I never really thought that taking notes was extremely important. I knew that taking notes over material was important but not the actual ART of taking notes. I did not know how much this could improve your overall thought process. “How to Take Smart Notes” by Sonke Ahrens is an extremely deep dive into…
