Category: F.I. Mindset
Why Budgeting is Important to Wealth Creation
Why do people hate budgets? I know that I used to hate the idea of budgets. I would give myself a wide $200/week budget for stuff that I wanted to buy. I think it is because people, especially us Americans, hate being told what to do. “I earned my freaking money, and gosh darnnit, I…
Passive Income Ideas: $7,027 from $1,000
Wow! $7,027 from $1,000. That is a cool 700% return. Is it really possible? Of course it is. And you can have everything up and running by next weekend. The caveat is….you are not going to like what it entails. But you are not here to be comfortable, you are here to become rich! I…
All I want for Christmas: Family + Income
Family is about love. Passive Income is about family. All of these ideas are linked together. Passive income gives us the capability to spend our time as we like. It is our financial independence that allows us to spend as much time with family as we can. Bringing the family together for the holidays is…
5 Takeaways from “The Compound Effect”
Have you ever wondered why some people always seem to be lucky? What if I told you that a series of decisions were made to get that ultimate result. “The Compound Effect”, by Darren Hardy, takes a hard look at the day to day decisions we make that will ultimately lead to success or failure.…
5 Habits to Envision a World Of Money
We all grow up believing that money is the green paper that we can hold in our hands. In actuality, those little green papers are the results of good habits that we form. Money is not a tangible item but instead a simple environment of good habits. I say “simple” because there is nothing complex…
20 Books That Will Make You Rich
Check out part 2 of the Series Disclaimer: Reading in of itself will not make you rich. However, reading and creating actionable tasks WILL make you rich. I wanted to keep this page as simple as possible. I have attached my personal review of each of these books. These books together have helped me gain…
15 Years of Marriage, 2 Children, 3 Houses, and 1 Journey to Financial Independence
Where did all the successful married couples go? Where are all the role model families that we can look to for guidance and mentorship? Personally, I have no idea if those families actually existed outside of television. I know that all the financially independent people I watch are young and single or young and married.…
Financial Independence 102: Terms
After reading the two stories from Financial Independence 101 (here), which story do you believe represents the future that you envision? If you want to achieve financial independence, then you are in the right place. Being financially independent brings significant benefits to your life. You will have earned the most valuable resource available to anyone,…
Financial Independence 101: A Story
Most people will never grasp the idea of financial independence. In fact, most of us were taught the exact opposite of financial independence. We were taught to get good grades in school, go to college, get a high-paying job, get married and have kids, and live a happy life. Your job is your lifeline to…
So you think that You are Middle Class, huh?…..HaHa
Download F.I Mag #1 here, F.I. Mag #2 here, and F.I. Mag #3 here. You’ve worked so hard to get to where you are at. You have finally gotten to the point where your bills, expenses, and budgets are all nicely covered by your income. Hell, you can even save $1,000 a month easily. This…
My Grandkids: Why I Will Never Work for Anyone Ever Again
I will never ask another adult for permission to see my grandkids. I will never ask to take two weeks’ leave in order to go visit my kids and their children. I will never feel the burden of having to go back to work after visiting family. Those days are over before they began. Besides…
5 Takeaways from “Before You Quit Your Job”
“Before You Quit Your Job”, by Robert Kiyosaki, came into my life at the perfect time. I am 3-5 years away from retiring from the Marine Corps, and I have decided never to work for anyone again. So what does that mean for me? It means that I will have to become an entrepreneur and…
The Difference between Retirement Planning and Creating Passive Income
To put it bluntly, financial education in America sucks. There is truly no other way to put it. But, I can understand why. Most Americans cannot save or do not want to save. The few others, that make it a point to save, are investing diligently into their TSP or 401k retirement accounts. Even fewer…
5 Takeaways from “The Millionaire Fastlane”
“The Millionaire Fastlane” by MJ DeMarco is the book that we should have read in 5th grade. Although the concepts are deep and intricate, I would rather know them sooner rather than later. The basic concept of “The Millionaire Fastlane” is how to create wealth through a business. However, during the book, the author makes…
Say this 3 times “My Job WILL NOT make me Rich”
No, seriously. Say this 3 times out loud, “My job will not make me rich”. Did you say it? It is very important that you say these words and heed this advice. The sooner that you believe this realization to be true, the better off you will be. I wish that someone would have grabbed…
The Fast Track to Wealth
Wealth is an elusive muse for most of us. We have been trained since childhood that we need to hit certain wickets in order to achieve great wealth. Those things are ideas such as; go to college, get a good job, invest in your 401K, buy a house, and keep minimal debt. Yes, those things…
5 Takeaways from “Be Obsessed or Be Average”
“Be Obsessed or Be Average”, by Grant Cardone, is a journey through the life of a self-made multimillionaire. Being obsessed with becoming the best salesperson helped Grant build a huge business empire. I have been in the Marine Corps for close to 22 years now. My goal from the start was to be the best…
Is Becoming Rich Something that is Right for You?
Of course, everyone wants to become rich. We all want to have the security of no longer having to worry about money. I do not think people wake up just to worry about money. But having financial security is a far different achievement than becoming rich. I would consider being becoming financially secure as having…
How I Beat My Mid-Life Crisis
I do not think that long-term dreams and goals are supposed to be reached by age 38. Or maybe it is just me. When I was younger, my biggest dream was to be a Marine. Once I entered the Marine Corps, my biggest goals were to become a Master Sergeant (E-8) in the Air Traffic…
5 Takeaways from “Who Stole My Pension”
“Who Stole My Pension”, by Robert Kiyosaki and Edward Siedle, is a dire look into the death of defined benefit pension plans. Defined benefit pension plans were very popular in the industrial age. The basic idea is that you would work for 2-30 years for a company or government entity. You would be paying into…
