Tag: Financial Independence
Investing for Interest 108: The Magic of CD Ladders
Building a high-yield emergency fund is vital to our long-term financial survival. As various markets (crypto, commodity, stock, real estate) fluctuate over time, we use our savings fund as a source of reliability, dependability, and consistency. Today, I want to discuss one more option to put in our emergency fund toolbox—the CD ladder. Welcome back…
Crypto Investing 105: Get Smart with Smart Chains
The world of crypto is massive, and it gets bigger every day. So, where should we begin our crypto voyage? We just learned about stablecoins as a good entry point. Welcome back to the Crypto Investing 101 series (101, 102, 103, 104), where we go from zero to hero in the crypto universe. Consider stable…
Play Video Games for Passive Income
I am a massive Pokemon fan. When Nintendo first released the games in 1998 and 1999, I was preparing to join the Marines; thus, I had little time to play with them. However, on my first deployment to the deserts of 29 Palms, California, in 2000, I picked up Pokemon Yellow. I have been hooked…
5 Takeaways from “How to Be a Capitalist Without Any Capital”
“How to Be a Capitalist Without Any Capital” by Nathan Latka is a book purely for entrepreneurs. If you are a standard 9-5 employee, the concepts in this book may overwhelm you. However, this book is definitely for you if you have been reading entrepreneurial books and perhaps started a business. In fact, it’s one…
Your Retirement Planning Guide 3
It’s your retirement, so you’ll have to make it great yourself. No one is going to prepare for your retirement better than you. This dynamic is a good and bad thing. On the one hand, you’re in complete control. You can either accept your fate and take it seriously or depend on your employer or…
Overcoming Limiting Beliefs 103: Investing in Real Estate
The greatest path to wealth is through real estate. Time will do most of the work if you can get into the market. Over time, home prices appreciate, and rents inflate along with the economy. Many people own homes but are deathly afraid to become real estate investors. However, the truth is that you are…
Debt-Free Society: Beat Wedding Debt
Your wedding day is a time to celebrate with the love of your life. Hopefully, both of your families can party together and send you off to a great marriage. The problem with weddings is that they start you off with tons of consumer debt. When you get married, there are many new expenses you…
Happy Financial Independence Day 2
The Fourth of July is a time to celebrate our independence as a country. Americans became free from tyranny in 1776, and we have never looked back. But, as an American, are you free? Do you wake up every morning with zero debt and new money flowing into your account? Chances are you are in…
Retirement Planning for the Average Person 4
The average person needs to have a plan for retirement. Yes, this means that you actually need to formulate a path towards getting older and surviving. Retirement is coming for all of us, and no one is coming to save us. Social security is NOT a retirement plan. It’s a questionable backup resource—at best. I…
5 Takeaways from “Elliot Waves Made Simple”
“Elliot Waves Made Simple” by Steve Sinclair walks us through the complex mindset of a day trader. Elliot waves are part of an overall technical analysis program for day traders. I am not a day trader, but understanding technical analysis, even at a basic level, can assist you in any kind of investing. You can…
5 Takeaways from “Wedding Hacks”
“Wedding Hacks” by Maddie Eisenhart gives us 540 wedding tips to reduce our costs and prevent drama. Everyone preparing for a wedding should read this book because there is solid guidance inside. I am doing a deep dive into why Americans are broke. Weddings are a massive part of the equation, so reducing these expenses…
The Bait Resignation: Should You Quit Your Job?
Since the 2020 pandemic, we have heard the chatter about “The Great Resignation.” This is a movement where people quit their jobs because they are unfulfilled. I have never, never, never thought about quitting my job because of my satisfaction level. I have no idea when people started to believe that their job should make…
Join Up! Time to Sign Up for the Military
The military is a great place to beat a recession. I have been in the military during the recessions of 2000, 2008, 2020, and now 2022. But, the military offers so much more. I joined the United States Marine Corps in June 1999 and haven’t looked back. I am currently at 23 years and will…
Inflation Ate My Paycheck 106: Time to Start Couponing.. Or Not
How do we successfully navigate a recession? Well, I guess we are about to find it here shortly. The days of easy money in the financial and housing markets will slowly come to a close. We will have to tighten our belts and start living below our means, saving, and investing. I usually focus on…
Your 401K vs. A Recession
This article will go against most conventional wisdom floating in the financial world. When you start as an adult, the 401K is a sacred cow we must protect at all costs. However, savings into your 401K can damage your finances for the foreseeable future because of “life.” Today, I want to explore some alternative ways…
Start a Blog for Passive Income
Well, I’ll get directly to the point, a blog is not passive. At least not in the first 3-5 years. However, you should start a blog for passive income tomorrow. I have been blogging for exactly two years, which has changed my life. Having a blog is like creating a clone of yourself, who continues…
Emergency Cash: How Much Do You Need in an Emergency Fund?
Building an emergency fund is one of the best ways to create a feeling of financial security. But how much do you need in an emergency fund? The short answer is that every situation is different. Your emergency fund is a function of your belief system, job, and financial literacy. Let’s cover each of these…
Being Broke Isn’t Cute part IV: Saving and Investing
I think our bunnies would be proud of us. We recognized that we were broke, figured out why, and slowly paid off our debts. So, since we are debt-free, what’s next? Welcome back to the Being Broke Isn’t Cute series (part I, part II, part III); we go from broke to investors. The answer to…
Debt-Free Society: Beat Student Loan Debt
Someone lied to us all about going to college and taking on student loan debt. In a few cases, getting a degree leads to massive wins in the civilian sector or military. However, taking on the debt associated with these degrees can put you into a form of slavery called indentured servitude (Read “In-debt-ured Servant”).…
Being Broke Isn’t Cute part III: Becoming Debt-Free
Whenever I see my bunny rabbits, I get excited about my financial future. This is because these cute bunnies have no worries in the world—something I am trying to achieve. To be carefree and worry-free, we must first make a great effort to overcome financial adversity. Most of us start with financial limitations, whether limiting…
