Tag: Financial Independence
Compounding: The 8th Wonder of the World
The seven wonders of the world are the most magnificent creations ever bestowed upon the Earth. I guess there are different versions of what people consider the seven wonders of the world. Here is an article I read about the new seven wonders. I like when the Grand Canyon is included in the list because…
Hustle in Your 20s and 30s, Enjoy Your 40s and 50s
This topic is going to be a tough sell to most people, especially young people. Somewhere along the lines, we started convincing young people that they shouldn’t even attempt to get their act together until age 25. By my calculations, that leaves seven years of wasted time between ages 18-25. I chose this topic specifically…
Strong Finances, Strong Marriage: 10 Steps to a Healthy, Wealthy Marriage
We always link marriage and finances together, whether for good or for bad. It is a lot easier to have a successful marriage when you have your finances in order than with messy finances. But how do you get to the point where you are entirely in control of your finances, and you can simply…
5 Takeaways from “Creating Income Streams”
We all would love to be retired and spending time with our loved ones. However, we have to build this life; life doesn’t create it for us. “Creating Income Streams” by Shaunta Grimes gives us many different income stream ideas that we can pursue. I love that this book because it is short. It gets…
Should You Buy Property in a Small City?
I was reading a great article on the 12 Cheapest Towns in America, and it got me thinking, should I invest in a small city? There are many advantages to buying or moving to a small town; the chief reason is housing prices. But is it a genuinely viable solution? Let’s explore. Why would anyone…
No Freakin’ Way I am Working Another 25 Years
Welcome to western world living. Here we are expected to spend our whole adult life in school and working, all the way to age 65. Well, I am going to be a rebel and refuse to play this game. How did I get to this point? I’ll explain. I am 40 years old and have…
Do I Need Lots of Money to Start Investing?
One of the common misconceptions I hear is that people think they need lots of money to start investing. Nothing could be further from the truth. Today, I will dispel this myth and also show you my humble beginnings. Hopefully, I will encourage you to start your investing journey today. Investing has never been easier…
5 Takeaways from “Bitcoin: Hard Money You Can’t F-CK With”
“Bitcoin: Hard Money You Can’t F-CK With” by Jason Williams is an in-your-face, no-holds-barred assault on why Bitcoin will be the next global reserve currency. For reference, the US Dollar is currently the global reserve currency. The US Dollar is involved in almost every international transaction that takes place. Because of this level of usage,…
Good Debt vs. Bad Debt
Being debt-free is one of the best feelings in the world, especially as a family of four. Any family person knows that running a household, especially in America, can be super expensive. It is a blessing to be able to manage our home on cash flow alone. By the way, we have $800,000 of real…
Become Insanely Productive During the Magic Hours
When do you like to get most of your work done? Some people like to go to the gym first thing in the morning. Others want to wait until lunch or after work. Many wait until after dinner to go for a walk or run. Everybody is different, and life presents unique challenges along the…
Don’t Gamble Your Retirement Away 2
Well, it has been over two months since our first article in this series, and much has happened since then. The main takeaway from these two months is never to stop planning, preparing, and discussing your retirement plans. They are fluid and should dictate much of your actions on a day-to-day basis. First, let’s review…
20 Creative Ways to Make Money From Home
We all want to live the dream life, which is to make money from home. Not only that but to be entirely on our own schedule. Can this be done? Yes, it absolutely can be accomplished; however, there is one caveat—it’ll take hard work to get it done. When looking into my future, I knew…
Why I am Investing in Bitcoin
A member of our group (Military Family Investing) asked if I could look into cryptocurrency. With perfect timing, I was finishing up my current book “The Non-Designer’s Design Book,” so I figured it time to take the plunge into crypto education. I am an old-school dude, and I like the idea of business, real estate,…
5 Takeaways from “The Non-Designer’s Design Book”
Very rarely do I feel like an idiot. But reading a book by a graphic designer showed me how ignorant I am of the world of design. Maybe idiot is too harsh of a word, but I was genuinely inspired by the works that she presented in the book. “The Non-Designer’s Design Book” by Robin…
TAP Your Home Equity
Well, let’s start with the biggest disclaimer of all time: Should you tap into your home equity? No. The only reason you should tap into your home equity is if you have another investment that can produce a better return than your home. What does a better investment mean? The four asset classes are real…
How We Plan to Retire on Dividends part 1
Retiring on dividends is a dream come true for many people. On the other hand, many have never heard of dividends. I never heard of dividends until I was the age of 38 years old. I became fascinated with the words passive income when I was overseas, and the idea of living off investments was…
Preferred Shares 105: Long-Term Preferred Strategy
You have come a long way throughout the Preferred Shares 101 Series (101, 102, 103, 104). From first learning the power of preferreds to potentially already buying some shares. But what is the long-term plan for purchasing and holding preferreds? Let’s get into it. Capital Gains. We like to buy our preferreds when they are…
From -$77,000 to +$150,000 in 22 Months
The following is a tale that I hope will inspire you to make changes in your life. As I wrote in “Living a Middle-Class Life is Stressful,” trying to keep up with life in America can be one of the worst choices you can make. Why is living middle class so draining? One word: Debt.…
Mailbox Money: The Power of Dividends, Royalties, and Rents
Getting your paycheck deposited into your bank account is a great feeling. Even better is the sensation when you don’t have to pay off debt. Receiving your wages feels so great because you earned your pay— it was your hard work that got you that check in the first place. But what does it feel…
Automation Can’t Replace Creativity- Start Your New Business
“The robots are coming!” someone screamed during the movie. In real life, I say, the robots are already here. By robots, I mean automation, out-sourcing, apps, software, artificial intelligence, etc. Check out this awesome tech preview of Google Duplex. It can make phone calls to restaurants and businesses on your behave. Things are accelerating in…
