Tag: financial education
Staying Debt-Free in Your 70s
In our 20s, the biggest threat to our wealth was striking out into the world. Conversely, in our 70s, the most significant threat to our fortunes is us leaving the world unprepared. That’s right; our 70s is all about ensuring we have everything in place for us to leave the world with our fortunes intact.…
Staying Debt-Free in Your 60s
I’ll be honest with you; our 60s should be a time to relax and reflect—we should be on the easy street with our finances. If we haven’t figured it out by now, we may never unlock our potential. That’s not to say that there won’t be dangers associated with this timeframe. We worked so hard…
The Publishing Chronicles 4: Advertise Your Books for Free
Let me start by saying that these advertising techniques are what I use in my writing career. Many people have mastered advertising on various platforms and receive a great return on investment. However, you’ll have to ask yourself if that person was a writer or an advertiser? When you dig into advertising, you can spend…
Staying Debt-Free in Your 50s
Our 50s is the time we’ve all been waiting for—time to celebrate. We were brilliant in our 20s, chose a good partner in our 30s, and avoided debt in our 40s—now it’s time to party. Am I right? Not really. Welcome back to the Staying Debt-Free in At Any Age series (20s, 30s, 40s), where…
5 Takeaways from “Manage Your Day-To-Day”
“Manage Your Day-To-Day” by Jocelyn K Glei is a book for creatives by creatives. There are over 20 articles from prominent creative professionals giving us insights into becoming a creative professional. I am roughly two years into my journey as a creative professional, and it has been extraordinary. The strides you can reach as a…
The Publishing Chronicles 3: Publish to the Widest Possible Audience
After writing your books and designing your covers, you’ll need to publish them to as many platforms as possible. Each forum has its particular audience, and different books sell uniquely on each platform. Welcome back to the Publishing Chronicles (part 1, part 2), where we talk about building an income stream as a writer. A…
Staying Debt-Free in Your 40s
If the greatest threat to your wealth in your 20s was yourself, and in your 30s was your partner, what do you believe it will be in your 40s? That’s right, your kids. Welcome back to the Staying Debt-Free at Any Age series (20s, 30s), where I discuss how to stay debt-free and build wealth…
The Publishing Chronicles 2: Design Your Own Book Covers
I’ve heard repeatedly that you shouldn’t design your own book covers. Well, I say “bollocks” to that mantra. Let’s design our own covers and create the best publishing workflow possible. Welcome back to the Publishing Chronicles (part 1), where I discuss how to build your own printing press. Cover design is a touchy topic amongst…
Staying Debt-Free in Your 30s
Your 30s is where you are most likely to accumulate massive levels of debt. The two main culprits will be marriage and home-buying, so you need to evaluate what direction you take regarding these events honestly. Welcome back to the Staying Debt-Free at Any Age series (20s), where we try to make it through life…
The Publishing Chronicles 1: Write a Book in One Week
Nobody cares about your book. Now, we can move forward and actually get you to write your manuscript. People have many limiting beliefs about creating art that prevent them from taking action. When you release your first book into the five million+ books on Amazon, you’ll realize no one cares. Your book won’t change the…
Staying Debt-Free in Your 20s
Staying in debt is the downside of the American Dream. The only way to live a great debt-free life in America is to live below one’s means and focus on building relationships. Welcome to the Staying Debt-Free at Any Age series, where I will discuss avoiding debt at various stages in life. Today I will…
Inflation Ate My Paycheck 105: From Broke to Saver to Investor
As inflation rages across the nation and the world, there has never been a better time to become an investor. Gas prices are soaring, and the housing market is scary for anyone looking to enter. If you are broke, there is no relief in sight. No more stimulus checks or pay raises. You’ll have to…
Building an Audience 102: Adding Value Consistently
If you have read any literature on becoming a content creator or starting a business, it probably talked extensively about “adding value.” In essence, money is literally the exchange of value. Thus, to have someone exchange their hard-earned money for your content, service, or product, you’ll need to add value to their life. Today, I…
Getting Married? 10 Financial Questions to Ask Your Future Spouse
Ah, the dream of marriage. We all go into marriage thinking of love, romance, kids, and vacations. These amazing dreams can become a reality, but it requires planning. Before we marry, we don’t want to break the illusion by talking about “business” or “money.” However, these are massive topics that we need to discuss. Most…
Don’t Work Hard For Money; Work for Income-Producing Assets
We all want to work hard and contribute to society as a whole. Well, most of us want to do this. However, working hard to pay our expenses will never allow us to get ahead of the financial power curve. The problem with working for money, or exchanging time for money, is that once you…
5 Takeaways from “The Successful Author Mindset”
“The Successful Author Mindset” by Joana Penn gives us authors the fuel to continue down our long, arduous journeys. I am being dramatic, but being a writer and author entrepreneur truly is challenging. There is a fine line between writing and performing work. To be creative, you have to accomplish many creative tasks like writing.…
Retirement Plus: Use Rents to Supplement Your Retirement
You are about to retire at age 66. You have saved $1 million in your 401K and will be drawing $3,000/month in social security benefits. These income streams will total about $6,500/month in passive income. Is surviving on $6,500/month in passive retirement income enough to live the lifestyle your love? Only you can answer that…
Choose Your Passive Income Adventure 3
Life is as simple or complex as we choose to make it. Unfortunately, if you want to make a lot of money, you will need to complicate your life. Building passive income requires knowledge, but that doesn’t mean it has to be difficult. Many people have limiting beliefs that prevent them from earning dividends, rents,…
The Metaverse 113: The Metaverse vs. Your Job
The metaverse is coming to take your job. If you are not a top performer at your job and consistently producing new ideas and concepts, be ready for a change in employment over the next 15-20 years. This may sound harsh, but the reality is your company probably doesn’t need you already. The goal of…
The Magic of Cash Flow
Cash flow is the river of income that keeps a business afloat and running smoothly. Cash flow is the lifeblood of a household that allows everyone to flourish and succeed without daily financial stress. What is Cash Flow? Simply, cash flow is the difference between your income and expenses. The more cash flow you generate,…
