Category: Retirement Planning
Inflation Ate My Paycheck 102: 10 Creative Ways to Beat Inflation
Hopefully, you can see my cover art for my Inflation Ate My Paycheck series (101). It is a purple dragon who I choose to represent inflation. And boy, is he hungry. We are experiencing runaway inflation for the first time since the 1980s. Let me be clear—you can’t passively beat inflation. You will have to…
Retirement Planning for the Average Person 3
I can’t believe that it’s been six months since the last article in the Retirement Planning for the Average Person Series (part 1, part 2). I really need to try to get these out every couple of months because they are one of my favorite series on the PDF side. On the Kindle Unlimited side,…
Emergency Escape: Build a High-Yield Emergency Fund
Building an emergency fund is one of the most critical aspects of creating a financially secure lifestyle. Sadly, most Americans do not have $1,000 in savings to cover a minor emergency. Today, I want to cover some reasons to have an emergency fund and how we can use our emergency fund as an investment vehicle.…
Web Edition- The Biggest Book on Passive Income Ever 2!
Links to all 312 Chapters in “The Biggest Book on Passive Income Ever 2!” Amazon charges me for the size of the book—thus the ebook edition is $40. If you prefer that version, you can buy it here. Enjoy! Web Edition INTRODUCTION 00 000 The Biggest Book on Passive Income Ever 2! FINANCIAL MINDSET 01…
Inflation Ate My Paycheck 101: Adjust Your Lifestyle Today
Wow, gas prices are heading to an all-time high, and your shopping expenses have nearly doubled. Inflation is upon us, and it’s time for us to decide how to react. What choices do you have to combat inflation? Will your job increase your wages to help you deal with inflation? Do you need to take…
5 Takeaways from “The Homesteading Encyclopedia”
“The Homesteading Encyclopedia” by Kelly Reed helps us city folks get into the mindset of a homesteader. You can homestead anywhere, from apartments to large acreage, but the philosophy is similar amongst all. Homesteading is more than farms, animals, and gardens. It encompasses all things related to sustainability, including sewing, recycling, and energy generation. You…
Don’t Gamble with Retirement 6
Are you gambling with your retirement? Do you know the difference between saving versus investing? What are you doing today to combat long-term high inflation? We discussed so many things over the last four months, so now it’s time to bring everything together under one roof. Welcome back to the Don’t Gamble with Retirement series …
Email Money: Dividends, Rents, & Royalties for the Modern Day
Many people misunderstand the term passive income. Some people think that you can set things in place and suddenly have money coming in randomly. That’s usually not the case. For passive income to succeed, you have to do a great deal of work upfront for a later reward. However, when that money does come in,…
I Live Paycheck to Paycheck 4… So I Started Income Investing
Living paycheck to paycheck sucks! Sometimes you may not even understand that you depend on your next paycheck for survival. It’s not until you have a large amount of savings you can reflect and see the gravity of your prior situation. America trains us to live paycheck to paycheck, by the way. When our paychecks…
USDC vs. Saving Bonds vs. Treasuries
There are more ways to save and invest than ever, yet most Americans have less than $1,000 in savings. Dave Ramsey (“Baby Step Millionaires”) suggests saving a $1,000 emergency fund before paying down debt. I have been talking about saving and investing recently, and even savings vs. investing. But, just because you are not comfortable…
Pay Down Debt or Start Investing 2
“Should I pay off my debt entirely before I start investing?” This topic keeps me up at night (not really). I do feel very passionately about the guidance people receive on this matter. Paying off our debt and becoming debt-free is one of the single most incredible moments of our 16-year marriage. We used many…
Happy Cash Flow Retirement 6
Welcome back to one of my longest-running and favorite series on my channel. I love the Happy Cash Flow Retirement series (part one, part two) because we can dream of our exciting and stress-free futures. A quick administrative note: this is article number three, but book number six. I pushed the article name to six…
Budget vs. Fixed Income
I will always live on a budget, but I never want to live on a fixed income. Today, my goal is to explain this statement so you understand the difference between the two—and make a choice. Budgeting. Budgeting is the key to creating, protecting, and increasing your income. If you want to be rich, you…
Saving vs. Investing
There are tons of ways to get rich: you can work at McDonald’s, be a manager at McDonald’s, own McDonald’s stock, sell covered calls using McDonald’s stock, or own a McDonald’s franchise. All of these paths can lead to wealth and happiness, but they will each take a different understanding of the principles of wealth.…
The Magic of Saving
Saving and Investing feature two vastly different mindsets. I will look at these financial mindsets individually and then compare them. My goal is to present you with an argument to see where you fall on the scale. Knowing your tendencies is the best way to make yourself financially secure. What is Saving? My personal definition…
5 Takeaways from “Debt-Free Degree”
“Debt-Free Degree” by Anthony ONeal guides parents on how their children can earn a college degree entirely without acquiring debt. Graduating debt-free will give students a headstart above 70% of their peers. I was shocked that students could start preparing for college in middle school. Sure enough, there are scholarships and other opportunities that youngsters…
Retirement Planning vs Estate Planning
As we acquire more assets, we need to be more intentional with our actions. The two goals of obtaining assets are to free us from being wage slaves and prevent our children from the same bondage. Yes, using the word slave is harsh, but it’s appropriate. Travel back in time with me. When you left…
Your Retirement Planning Guide 2
It’s your retirement; make it how you want. With that, how do you envision yourself in retirement? Are you with a loved one or family? Where are you located? And, how much money do you have or need? These are all questions you should be asking yourself every day. I have a few housekeeping notes…
Living Overseas Passively 110: Living Overseas on Passive Income
Have you ever dreamed of living on a faraway beach island? You and your loved ones would wake up to bright sunny days and lay on the beach all day long. Does this life seem possible to you? Or does it sound completely out of the realm of reality? If you struggle to understand how…
Living Overseas Passively 109: Cash & Emergency Fund
Now, we have been all over the world on passive income. Previously, we covered financial mindset, retirement income, dividends, rents, royalties, cryptocurrencies, and automated business. There is only one more type of income to discuss—cash. Yep, that’s right. Cash is a form of income, and it is vital to our success while living overseas. You…
