Tag: financial education
Bond Investing in Your 40s
Our 40s are a time to double down on life and start getting things done. Hopefully, we will leave our 30s with no debt and an online business or a high-paying job. The goal of our 40s is to ensure we have enough income in our 80s and 90s. We do that by focusing almost…
Saving & Investing with $400 a Month Available
Wow, you should be proud of yourself because having $400/month available to save and invest in a massive achievement. Don’t be fooled by the fancy cars around you; most people are broke. $400/month allows you to do some cool things with your money, including saving, investing, and investing for income. Welcome back to the Saving…
Watch Your A.R.M.s: Should You Get an Adjustable Rate Mortgage?
When times are tough, thinking outside the box is a good idea. In most cases, we all want a standard fixed-rate 30-Year mortgage. I talked about new options in “40-Year Interest-Only Mortgage,” which proved a bad idea. But do we have more choices with interest rates crossing 7% on new mortgages? Our old enemy is…
Are You a Spender or a Saver? How to Become a Saver
Today, I want to turn my focus to you. That’s right; you get all of my attention for today’s article. I want to determine why you are not becoming wealthier each day. Like most people, your spending habits prevent you from building wealth. They trained us from a young age to consume without thinking. However,…
Over-Employment: Can You Work Two Remote Jobs at Once?
Times are getting tough, and people are becoming desperate. I read an article on Business Insider explaining how people simultaneously hold two remote jobs. I first thought they were working 8-12 hours a day with a job in the morning and night. However, I was wrong because they worked overlapping hours—what a disgrace. However, we…
The ReBirth of the Renaissance Person
There has never been a better time to become rich. The barriers to entry in sectors like real estate, business, and investing are open to all that apply. However, you can’t become wealthy as a one-dimensional, closed-minded, unfit, uneducated person. You’ll need to step out of your comfort zone and become a Renaissance Person to…
Bond Investing in Your 30s
I have written many articles covering the special period called your 30s. In every piece, I cite the 30s as the most expensive and stressful time in your life. Retirement Planning in Your 30s Real Estate Investing in Your 30s Staying Debt-Free in Your 30s Dividend Investing in Your 30s Let’s continue the tradition with…
The 4% Rule vs. Dividends
Typically, people want to avoid getting into the weeds of investing. The 401K program promotes this behavior by allowing people to “save” for retirement. Within a 401K program, the fund manager will collect your money and invest it into various asset classes. Most people choose target date funds as their vehicle of choice when saving.…
Bond Investing in Your 20s
I spend a lot of time writing about dividends and income investing. However, recently bonds have become attractive because they offer higher yields compared to the last 10-15 years. Now, it’s time to write the companion series to my Dividend Investing at Any Age series (20s, 30s, 40s, 50s, 60s, 70s), this time focusing on…
Create Content Daily 2: The Magic of Compounding Creativity
I’ve been creating content daily for over 2.5 years, which has changed my life. I cannot remember a time when I woke up and didn’t write something. Creating something every day expands your mind into realms you could not have imagined. Your brain wants to create; the universe designed it to create. Modern education slowly…
Financial Independence through Real Estate 4
The real estate market is currently in turmoil as mortgage rates hit over 7%. The times of fast, cheap money are gone, at least for the time being. But real estate is always an excellent investment if you have the right mindset. Real estate is a tricky topic to discuss because many people don’t have…
The Bear Market is Your Friend
Can a bear market be your friend and help you grow your wealth? It sure can if you know how to thrive during a downturn. A stock market drop of 30% or more often leads to a recession. Many people will continue to live as normal and suffer long-term consequences. Others will panic and be…
Investing for Interest 110: Bond Buying is Back Baby!
It’s been an exciting year thus far in 2022. Yes, the market is in full retreat, and we are moving into a downturn and recession. However, this opens up new possibilities for our investment portfolios. With the rise in interest rates comes a chance to obtain high-quality bonds at great prices. Bonds haven’t been this…
5 Takeaways from “Extreme Early Retirement”
“Extreme Early Retirement” by Jacob Lund Fisker is a deep look at financial independence. I mean a truly in-depth look at society, economics, education, and training. This book is a tough read because the author orients it toward very sophisticated people. The author is a renaissance man, and he writes as such. I find this…
Live Your Best Life with Dividends
Do you ever dream of living a rich lifestyle? Do you want to maneuver through life without worrying about money? Anyone can achieve these dreams, but we must change our world view. You don’t reach complete financial freedom while working a job. The truth is that freedom comes when other things perform the work for…
Saving for a House Down Payment #6: Family, Big City
If you want to accomplish the most difficult thing in life, try buying a house in a big city while having a family. I cannot think of a more demanding position to be in as an adult. However, we can achieve anything we put our minds toward, so let’s move forward with a positive mindset.…
Homeschooling vs. Real Estate Prices
One of the primary reasons people select their homes is because of the school districts. Unfortunately, most homeowners and investors leverage this dynamic to increase prices in neighborhoods with good schools. But what if you decided to homeschool your children? Could you afford more homes farther away from the city center? Today, I want to…
Saving for a House Down Payment #5: Family, Small City
Did you wait until you were married and had a family before buying a home? Don’t worry; that’s what I did as well. Having a family definitely changes the dynamic of saving for a home, but it gives you two distinct advantages. First, your family gives you the drive and determination to succeed in saving…
Saving & Investing with $200 a Month Available
Congratulations on having $200/month to save and invest—it’s a big deal. Yes, I am being serious. I remember a time (not too long ago) when I finished each month in the red. I created this series to give you ideas on how and where to save and invest your money as you build your financial…
Be Extreme Toward Your Dream
I read about passive income while on a trip to Turkey with my wife in 2019. Immediately, I knew I wanted to live overseas while using passive income from royalties, rents, and dividends. I became obsessed with tracking my passive income progress to the point that I thought something was wrong with me. All I…
