Tag: Financial Independence
5 Takeaways from “How to NFT”
“How to NFT” by CoinGecko, gives us a future-focused look at Non-Fungible Tokens (NFTs). NFTs are all the rage now because of the ability to sell simple pictures for millions of dollars. But there is more under the hood of NFTs, as they can function in many different environments and situations. Some use-cases include art,…
Real Estate Investing in Your 30s
Usually, our 30s are when we get serious about buying our first home. It is also when we are most likely to set ourselves up for failure. Welcome back to the Real Estate Investing at Any Age series (20s), where we build a path to lifelong real estate success. Please read the companion article “Retirement…
What is Decentralized Finance?
The world of cryptocurrencies is massive and can be overwhelming. However, many people confuse cryptocurrencies and decentralized finance. Today, I will attempt to calm everyone down, separate these two different economies, and give you a way forward to start investing. Cryptocurrencies Basics. Let’s review the basics of cryptocurrencies. We can consider cryptocurrencies money, stores of…
Decrease Possessions. Increase Wealth.
Why do we need so much stuff? We almost go to work entirely to buy new things or collect different experiences. How much money do we actually need to survive? What is the bare minimum amount that we need for expenses? I never thought of myself as a materialistic person. However, I just finished reading…
The Metaverse 110: Life in the Metaverse
The metaverse will change our lives, but it won’t be all at once. If you are old enough to remember, the internet didn’t change our lives in a few years. It took more than 10-20 years for us to reap the rewards of the digital age. Some significant internet milestones were gaining access to modems…
The Metaverse 109: Content Creation in the Metaverse
As we delve deeper into the metaverse, there will be an evolution of the content we will consume. When I first started playing around on the internet at home in 1996, I could have never imagined the rich content of YouTube and Facebook. We are at a similar point in time in the metaverse—no one…
5 Takeaways from “The Life-Changing Magic of Tidying Up”
“The Life-Changing Magic of Tidying Up” by Marie Kondo is more than a book about cleaning your home. Cleaning and organizing one’s stuff is life-changing and soul-cleansing—if you do it correctly, of course. She has a few recommendations to complete a successful cleaning. First, you must discard. Second, you begin the process of tidying. To…
Dividends vs. Royalties part III
What a fantastic day to be alive! I just hit a significant milestone on my passive income journey. I reached $100 in Amazon book sales in one month. This is an incredible feat, especially as I don’t advertise my books at all. I started my Amazon publishing journey in January 2021. That month I earned…
The Metaverse 108: Fitness in the Metaverse
Health, wealth, and relationships are the three top niches in content creation, branding, and consumer goods. Most content we consume will somehow fit into these categories. Of the three, I believe health is the biggest because it affects everyone. Inside the health category, we have fitness, dieting, healthy living, etc. Welcome back to the Metaverse…
5 Takeaways from “How to DeFi -Advanced”
“How to DeFi -Advanced” by Paula Robinson is the second book (part one) exploring decentralized finance and the world of cryptocurrencies. The world of DeFi is complex and moves at the speed of light, so one must constantly study to stay up-to-date. Decentralized finance aims to replicate many of the staples of traditional finance (insurance,…
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…
The Metaverse 107: Friendships in the Metaverse
Friendships change as we get older. Things we once found fun and interesting, like going to the bars and staying out late, now seem less exciting or engaging. Some of this has to do with getting married and having kids, but those aren’t the only reasons. I am 40 years old, and my best friends…
Stock Market Down? Dividend Yield Up!
2022 will be a crazy year for the stock market. Inflation is beyond hot, and the Federal Reserve is pursuing raising interest rates. All of these scenarios will lead to extreme stock market volatility. I know that we love to see our stocks always in the green and increase in value—it’s human nature. However, let’s…
What Type of Home Business Should You Start 4: Content
There has never been a better time to create a business from home. The massive amount of opportunities available via your computer and internet connection is incredible. My favorite business model is content creation, and I will explain why during this article. Hello everyone, and welcome back to the What Type of Home Business Series…
Real Estate Investing in Your 20s
Your 20s can be a magical time in your life, or they can be a nightmare. You can say the same about real estate investing at any age. To be successful in your 20s at anything, you must be ten steps ahead of the group. To achieve different results, you have to do things differently. …
USDC For The Win !!
The stable coin USDC is the most versatile investment on the market today. Yes, it is a cryptocurrency; however, there is more than meets the eye. As I wrote in “CryptoCurrency 105: The Stability of Stable Coins,” USDC is a fiat-collateralized stablecoin. This means that for every US dollar people invest into USDC, they mint…
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.…
5 Takeaways from “Food Truck Business Guide for Beginners”
“Food Truck Business for Beginners” by Jose Miguel Perez gives us a super deep look into starting and running a food truck business. At this time, I do not plan on starting a food truck business, but the information is still valuable. Food trucks can add additional income to almost any physical investments you own.…
The Magic of Investing
Investing is an entirely different world from Saving. You can become a millionaire by using both methods, but the speed at which you achieve this status differs. Once you understand the principles, investing may interest you. What is Investing? My personal definition of investing is using money to provide financial freedom. For reference, my personal…
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…
