Tag: Financial Independence
5 Takeaways from “Sold”
After watching HGTV for years on end, I became fascinated with the world of real estate. And what person is more important to the world of Real Estate than a Real Estate Agent? “Sold” by David Greene is a behind-the-scenes look into the life of a superstar real estate agent. After reading this book, I…
Cash Flow 101: How Much do You Need For Your Dream Retirement?
I want to be very clear; we aim for the most significant number we can dream of. Most people do the exact opposite of this. They retire and see how much money they have coming in; they tailor their lifestyle to fit inside this amount’s confines. Your lifestyle, when living within a small retirement, is…
Nobody Owes You Anything
As we begin our journey towards self-education, it is essential to remember that nobody owes us anything. Somebody could take the above statement out of context- so I will spend the article explaining it. By remaining humble, assisting others, and not expecting anything in return, we will always ensure our goals align with our intentions. …
Pick A Content Niche: Wealth, Health, and Relationships
If you have read any of my work before, you have probably heard me say how important it is to become a content creator. “Creativity is the only resource that automation can’t replace.” Our standard W-2 employment is going to dwindle slowly. To get ahead of the curve, we will need to learn about content…
Real Estate Investing: Play Monopoly is Real Life
The goal of Monopoly is to trade-in four houses for a hotel. This goal is lofty and can change the tide of war inside the game. But why does it have to end with the game? In real life, most people will only own one home at a time. By only owning one house, we…
magEzine: Create Your Own Kindle Magazine #1- Introduction
Royalties are a great source of income because they do not derive from a W-2 job. Also, they help diversify your income- along with rental income, business income, retirement income, and investment income. But most people do not know how to get started in the process of creating royalties. I know this because I had…
Dividends vs Royalties part I
We rarely compare Dividends and Royalties together. One requires money to produce, and one usually requires time to create. But are they equal? Do you need both? I will get into these questions throughout this series. This topic came about because I started to get my first royalties from my Kindle Magazine that I have…
Taxes 103: Real Estate for the Win!!
I recently said, “Use Real Estate as Your Wealth Generator,” because I firmly believe real estate is the average person’s path to wealth. And to add even more fuel to this fire, there are substantial tax implications to using real estate. Before we go further, please read Taxes 101 and Taxes 102. These will give…
Wealth is a Mindset
You won’t be rich until you think rich. This is a fact that most people will never truly understand. When your mind is not prepared to receive wealth, you will never achieve wealth. Wow, that rhymes, and I believe I just made it up. How do you prepare your mind to receive wealth? There are…
Are You Retiring To Something, or Retiring From Something?
I cannot wait for my retirement! I have so many goals and interactions to look forward to that it is almost insane to think about it. Work is holding my life back from its highest potential. However, it is prudent to stick around in the workforce until a stable retirement is guaranteed. So I wait…
Passive Income: Royalties vs. Automation
Today we have a showdown between two of my favorite passive income sources; royalties and business automation. Both of these passive income sources fall under the business pillar of our Retirement 4-50 plan. For a refresher, Retirement 4-50 consists of four separate pillars- retirement income, investment income, rental income, and business income. Read the book…
5 Takeaways from “Dirt Rich” (farm)
“Dirt Rich” by Leigh Funderburk is exactly the book I have been looking for. Kris and I own 2 separate properties that each have 3 acres of land. When I retire from the military, I want to exploit this land to construct some sort of venue or area where we can start a business. I…
Use Real Estate as Your Wealth Generator
Time to get rich! If you have read any of my work before, you may have seen me say that real estate is the best wealth generator for the average middle-class person. Today I will explore this statement and more to give you an idea of the power of real estate. What is a wealth…
We Married Valentine’s Day 2006; 15 Things We Learned about Love and Finances
It’s Valentine’s Day! My wife and I have reached our 15th year of marriage, which is our Ruby Red Anniversary. Time for some reflection. When you have been married this long there is a lot to reflect on, however, I will keep it mostly focused on finances. Love and relationships are always tied together, even…
Investing for Dividends 101: Dividends to the Rescue!
The opposite of fear is knowledge. Many people are fearful of retirement. Some people don’t fear retirement because they are too fearful to even plan for retirement. But there is nothing to fear. We do not have to worry about the safety of social security or our pension plans. We have the ability to plan,…
Is Saving Money Bad?
It’s not about how much money you make, it’s about how much money you save. We have all heard this before, right? But is saving money such a good thing? There are millions of people who swear by their savings accounts. People love their bank accounts because they are safe. But, are savings accounts safe…
Don’t Gamble Your Retirement Away
Let’s take your retirement nest egg and head down to Las Vegas. I am feeling lucky and there will be a full moon out tonight. Let’s let it ride, bet on black, and put it all on number 23. Does this sound like something that you would want to do? It sounds like a horrible…
6 Traits of a Successful Entrepreneur
Most people have the dream of starting their own business and hitting it big. You may think of an idea that you KNOW will be successful in the marketplace. However, to get your product from point A to point Z will take many skills that you don’t possess. Or at least, you feel you don’t…
How to Become a LAND Millionaire
Owning real estate properties is not for everyone. It requires a plethora of different skills that many people do not feel comfortable using. It will take management ability, people skills, and financial education. However, real estate is probably the fastest, most accessible wealth generator for the average person. So many people want all the benefits…
Stock Market Investing 105: Pick Your Platform
After reading the first four (101, 102, 103, 104) articles in the series, it is now time to pick a platform and start investing. Picking a platform or brokerage can be pretty nerve-wracking, especially if you don’t have someone there to help you out. I use 5 different platforms, and those are the five I…
