Category: F.I. Mindset
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…
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…
