Category: F.I. Mindset
How to Raise Financially Intelligent Kids: Staying Debt-Free or Becoming Capitalists?
We all want to raise children who understand how to give, save, and invest; however, this is more challenging than it sounds. The world wants our children to become horrible money managers; many entities (banks, companies, lenders) can take advantage of adults with no financial intelligence. As we raise our kids, there are two predominant…
Thanksgiving: A Time for Grace and Passive Income
What a wonderful time to be alive and enjoying the Thanksgiving holiday season. What are you thankful for this year? I am blessed to have retired from the Marine Corps this year—24 years later. After many years of being away, I finally came home for good. I am also thankful to have learned the ways…
5 Takeaways from “Rich Kid Smart Kid”
“Rich Kid Smart Kid” by Robert Kiyosaki is a masterclass on how parents can raise financially literate kids who can thrive in the information age. It’s no secret that Robert Kiyosaki is my favorite author, so it was my destiny to love this book from the start. It also happens that my kids are presently…
Tired of Being Broke, Behind, and Bullied? It’s Time to Become a Capitalist
I remember when I first made $100,000 in a year. I believed all my financial problems would disappear after hitting that magical number. However, in reality, my financial issues were worse than ever. I had $70,000+ in credit card and automobile debt, and I couldn’t take my family out to eat without using my credit…
Building Generational Wealth: Via Real Estate
Everyone knows real estate is a powerful way to build generational wealth. Not everyone knows exactly how to do it. Real estate investing can be more difficult yet simpler than you can imagine. One thing is clear: the more responsibility we take on as parents, the further ahead our kids will start. Let me explain.…
Building Generational Wealth: Via Dividends
Should our kids have to start from scratch? People say how wonderful it is to become a self-made individual, but is that what we want from our kids? My parents didn’t give me a head start financially, so I spent years treading water. I could have spent these years building upon what they created—if they…
The Perks of Becoming a Capitalist
I spent over twenty years thinking like a government employee. There is nothing wrong with working for the government and providing for your family. However, although the wages were reasonable, my financial situation stayed the same from age 18 to 38; I always seemed to be in debt or broke. My wife and I are…
5 Takeaways from “Smart Money Smart Kids”
“Smart Money Smart Kids” by Dave Ramsey and Rachel Cruze is a masterclass in raising smart money kids. My boys are 17 and 12, so this book is what I need to help my family learn good money habits at this crucial age. Raising money-smart kids isn’t about perfection from parents or children. It is…
If You Don’t Have Money: Don’t Buy Anything
“If you don’t have money, don’t buy anything.” Seems like a simple mantra, right? So, why is it so difficult for us to stop spending? The good news is that it’s not just you who cannot stop spending. The bad news is that you are 100% in control of your actions. Spending has become a…
Happiness Isn’t Free 3: Happiness Comes from Measured Sacrifice
Everything has a cost. Your life will open up as soon as you live and breathe this mantra. You can have everything you want in this world if you pay the price. The question is, what do you want? If you attach your happiness to “things” and “stuff,” you will have a difficult time being…
Money & Marriage: How to Retire Early as a Couple
The road to financial independence is more a spiritual journey than a financial one. You must understand who you are precisely and your purpose on this Earth. As a couple, the path to living on passive income is even more arduous. Now, two people must share one vision. The journey is usually too challenging to…
To Change Your Life: You Must Change Your Life
“It’s about the journey, not the destination.” Have you ever heard that quote before? What does it mean to you?’ I only understood what it meant once I began my passive income adventure. My wife and I have come so far over the last 4.5 years. How did we start our journey? In January 2019,…
Art Edition- The Biggest Book on Passive Income Ever 3!
INTRODUCTION 00 000 The Biggest Book on Passive Income Ever 3! FINANCIAL MINDSET 01 001 Are You a Spender or a Saver? 01 002 America is Expensive: So What Are You Going to Do About It? 01 003 Be Extreme Toward Your Dream 01 004 Become CEO of Yourself 3 01 005 Become Insanely Productive…
Web Edition- The Biggest Book on Passive Income Ever 3!
INTRODUCTION 00 000 The Biggest Book on Passive Income Ever 3! FINANCIAL MINDSET 01 001 Are You a Spender or a Saver? 01 002 America is Expensive: So What Are You Going to Do About It? 01 003 Be Extreme Toward Your Dream 01 004 Become CEO of Yourself 3 01 005 Become Insanely Productive…
Life Begins at the Edge of Your Comfort Zone: Time to Take Control of Your Destiny
Every day in retirement is a gift—an amazing blessing from the heavens. However, these wonderful moments weren’t just given to my wife and I; we created them. You have to create the life of your dreams. At the intersection of knowledge and effort comes luck. To find your life, you must put yourself out there.…
Don’t Gamble with Retirement 11
There couldn’t be a better time to release Don’t Gamble with Retirement 11. I will retire from the Marine Corps in 10 days after 24 years of service. I will not work another job, instead relying on the principles of passive income to increase my revenue every year. But, I didn’t always understand passive income…
Financial Security vs. Financial Freedom 2: The Difference Between Saving and Investing
Financial education given in school is a disgrace to the American public. We all have different viewpoints on why this is, but finding a solution is a better use of our time. The main thing hurting Americans is not knowing the difference between saving and investing. I have met many people who can balance a…
Passive Income: How Do You Spend Your Free Time?
The main difference between the rich and the poor is how they spend their time. How do you spend your free time? Feel free to answer honestly to yourself. Once I learned this golden rule, my income, and net worth doubled, tripled, and even quadrupled in a couple of years. If you want to create…
Debt is Your Birthright: How to Overcome It
You shouldn’t feel bad about being in debt; however, you shouldn’t be comfortable living in debt either. Debt is a very complex topic with a straightforward premise—debt is about control. I’m fresh off the book “Debt: The First 5,000 Years,” which changed how I view debt. There is nothing new under the sun, and our…
5 Takeaways from “Debt: The First 5,000 Years”
“Debt: The First 5,000 Years” by David Graeber is a generational must-read book for anyone serious about learning the truth about money. This book has changed my view on debt, relationships, money, monetary policy, wars, and capitalism. It is a massive book, clocking in at over 700 pages. However, it is worth the read. It…
