Tag: financial education
5 Takeaways from “The Metaverse”
“The Metaverse” by Terry Winters is a critical book for all investors. I grew up in the 1980s and 1990s, so I watched the rise of the internet. The metaverse will have a similar effect on humankind, and as investors, we need to get ahead of the movement. The media identifies the metaverse as Internet…
How To Write 1000+ Words Every Day part II
When it comes to publishing articles and releasing books, there is one question you will need to ask yourself. Do you want to be a writer, or do you want to sell books? The two things differ vastly, and you will need to decide early on which you prefer. I prefer to be a writer.…
Choose Your Passive Income Adventure 2
Life offers us many choices—some are hard, some are easy. Finding the right person to marry is a difficult decision. Deciding what house to buy can be more manageable—trying to determine what passive income stream to build is tricky. We should all know that we need passive income in our lives. There is no other…
Financial Independence through Real Estate 2
The average person can take themselves from rags to riches by leveraging real estate. Real estate has probably made more millionaires than the stock market and business combined. Of course, that is just a guess, but leverage is a powerful bedfellow—and nowhere is leverage as accessible as real estate. Where else can you go and…
RE Lifestyles 4: Single-Family Vs. Multi-Family
What are your passive income goals for the long term? How many different sources of passive income do you want in your ecosystem? These questions are vital because they will help you determine what level of real estate ventures you pursue. Welcome back to the Real Estate Lifestyles series (Part 1, Part 2, Part 3),…
How to Create Passive Income 104: For The Average Person
Passive Income is a word that most average people are not familiar with in America and other countries. It’s not our fault because our parents taught us to “work for money.” Indeed, our parents, education system, and society taught us how to become great employees. The problem with being a good employee is we start…
5 Takeaways from “Starting Your Career as a Contractor”
“Starting Your Career as a Contractor” by Claudiu Fatu fills an integral part of my knowledge of the world of real estate. As a real estate investor, there are four top professionals you will interact with to perform the best deals: lender, property manager, real estate agent, and general contractor. I have already read books…
How to Create Passive Income 103: For Advanced
There is a vast world of passive income, and now we are traveling deeper into the abyss. If you haven’t already, please read the first articles in the How to Create Passive Income series here (101, 102). Let’s jump right into the mix. Advanced Investing. Building wealth over time in the stock market doesn’t take…
How to Create Passive Income 102: For Intermediates
Today, we are going to get into some more advanced topics concerning passive income. If you haven’t read “How to Create Passive Income 101: For Beginners,” please do so before reading further. I am jumping right into the fire. Intermediate Investing. Last time we talked about building a dividend growth portfolio. I love DGI portfolios,…
How to Create Passive Income 101: For Beginners
Are you new to the world of passive income? I’m sure you have heard all the talk about how cool it is to have passive income flowing while you sleep. You probably haven’t heard how difficult it is to start building streams of passive income, right? When I say difficult, I don’t mean complex. I…
Passive Income: What Gets Rewarded Gets Repeated
Building great habits and behaviors can be difficult, especially if we are trying something completely new. To create passive income, we will need to form daily routines that make ourselves and our lives more productive. Today, I am going to break down how to get rich slowly. And by slowly, I mean in a few…
Why I Subscribed to Kindle Unlimted as a Content Creator
I read a lot. Probably more than the average person, but not as much as the average Kindle Unlimited reader. Over the last 14 months, I have finished 70 books, giving me a rough average of one book a week. When I first started heavily reading books, I felt that I needed to buy each…
Dividends vs. Capital Gains 2
There has never been a better time to make the switch from a capital gains investor to a dividend investor. In fact, I would classify most capital gains-lovers as traders. As we move into an inflationary period, the growth stocks that many capital gains traders love may not outperform as they did over the last…
Build Wealth Slowly
What’s the rush? We all seem to want to become wealthy beyond our wildest dreams—quick, fast, and in a hurry. The quote “it’s not about the destination, it’s about the journey” comes to mind. So, how do we slow down, reduce stress, make great decisions, enjoy life, AND become rich simultaneously? The answer is that…
From $28/mo to $700/mo in Passive Income in 2 Years
What a difference a year makes. How about two years? We started our journey on the path to financial independence in June 2019, roughly 27 months ago. In October 2021, my wife and I reached $700 from various passive income sources. This is an incredible number, especially since it doesn’t include the rental income from…
Sell Your Creativity for Passive Income (T-Shirts, Stock Photos, Printables)
Are you a super creative person? Do you wake up in the mood to try new things and different ideas? Today, we will talk about various ways to use your creativity to make passive income on the internet. Don’t worry; even if you aren’t creative, you can still become highly successful on the internet. As…
My Experience Running Facebook Ads
When you start a business, advertising is a vital part of growth, and you should plan as such. Today, there are many places where you can advertise, and each has its quirks. Learning how to advertise on each particular platform can lead to spectacular results. It’s just not for me. I own a blog and…
5 Takeaways from “An Expat’s Experiences of Living in Turkey”
“An Expat’s Experiences of Living in Turkey” by Colin Guest is an extraordinary true story of love and loss. I’ve been writing articles about moving overseas and living on passive income, and I needed more details of the expatriate experience. This book is precisely what I was looking to find. My wife’s sister lives in…
Read These 10 Books BEFORE Buying a House
If I had to redo my first home-buying experience back in 2008, I wouldn’t change anything. However, I would have taken the time to read exactly what I was getting us into during the process. I, of course, read multiple articles online about the home buying process, but nothing about being a real estate investor.…
Why Is Talking About Money BAD?
Why is there such a stigma about money? Why are we nervous to talk about our bank accounts and investing habits? Are we ashamed? Or do we think we are behind everyone else? Most of us grew up in households that didn’t have much money; thus, we weren’t allowed to talk about money. The church…
