Tag: free-pdf-book
The Magic of Cash Flow 2: How to Create Wealth
We all love having money flow through our hands, right? Then why is it so difficult for us to understand the concept of cash flow? The primary reason is that our parents and teachers taught us to look for a job. Looking for a job shifts the responsibility of our cash flow from us to…
Setting Yourself Up for a Healthy, Wealthy Retirement: Only You Can Save Your Future
Retirement planning is serious business; YOUR retirement is even more crucial than everyone else’s. You won’t survive long if you don’t prioritize your retirement over everything else. This may sound selfish; however, it is the truth. No one is coming to save you. To have a healthy, wealthy retirement, you’ll need to start planning today.…
Start Your Debt Payoff Journey 2: Is Budgeting That Bad?
Getting out of debt is the best feeling in the world. I remember how I felt when my wife and I paid off $77,000 in debt; it was a fantastic time to be alive. Please read “Start Your Debt Payoff Journey: Defeat Toxic Consumerism.” Somehow, the American dream became synonymous with debt. I don’t know…
Index Funds vs. Income Investing: The Best Way to Retire Early
Do you want to retire in your early 50s? That is an excellent time to call it quits and focus on family and friends. But how can you retire this early without a solid financial plan and a massive bank account? One way is to follow the FIRE movement (Financial Independence Retire Early). The FIRE…
I Achieved Work-Life Balance: I Stopped Working
Why do we work? Every human should want to be productive and add value to society, but can we achieve this by working a corporate job? In essence, we work to pay bills. Along the way, high-paying jobs lead to high-flying lifestyles. Someone convinced us to work until we were 65 years old. The Industrial…
Paying Your Cable Bill with Dividend ETFs: It’s Time to Pay Your Bills with Dividends
Do you still have a cable bill? I have a Direct TV bill plus three or four streaming services. All of these bills can be expensive and annoying. Part of me wants to cancel these services, but I don’t because I have the resources to pay for them. Instead, I concentrated on building my passive…
Paying Your Car Note with Mortgage REITs: It’s Time to Pay Your Bills with Dividends
I hate having a car note; I hate it with a passion. However, the Marine Corps placed me in a bind, and I had to purchase a used car on the fly (in 2022). Luckily, I have my trusty dividend portfolio to assist me in making this payment. The magic of income investing is you…
Paying Your Cell Phone Bill with Dividend Stocks: It’s Time to Pay Your Bills with Dividends
I love having the latest Samsung flagship phones but hate paying for them. Luckily, I can use high-yield dividend stocks to cover this expense. The best part of dividend investing is using it to pay your expenses. Eventually, you can use dividends to pay all your bills, making you financially free. But let’s not get…
Paying Your Auto Insurance with Business Development Companies: It’s Time to Pay Your Bills with Dividends
During my 24-year military career, I never struggled to pay bills, and I never had to use credit cards to survive or pay utilities. However, that doesn’t mean everything was golden. We used our credit cards for emergencies, which ended up biting us in the rear end later. Although we always had food on the…
Paying Your Water Bill with Preferred Shares: It’s Time to Pay Your Bills with Dividends
You become financially free when you can pay all of your bills with passive income. Once you reach this point, you become work-optional. My wife and I achieved financial freedom in October 2023, when I retired from the US Marine Corps. At that moment, I had passive income from a pension, dividends, royalties, and rents.…
Paying Your Electricity Bill with Closed-End Funds: It’s Time to Pay Your Bills with Dividends
It’s time to pay your bills. The standard practice is to receive your paycheck and pay your highest-ranking, most urgent bills first. What if we could change the process entirely? What if we could pay all of our bills with dividends? Once we can pay your expenses with dividends, we are incredibly close to becoming…
Living on Dividends in a Destination RV: The New Definition of Luxury Living
The American public wants to reduce housing expenses at a time when it costs money just to breathe. Housing costs (owning and renting) have shot through the roof. At the same time, finding steady work with full benefits and a path to promotions is much more challenging. What are we to do? Well, we can…
Selling Covered Calls for Vacation Money: How to Expedite Your Savings Rate
Do you hate saving for your annual vacation? I used to loathe putting my hard-earned money into a slow-moving savings account that earned 0.01% interest. I traded that saving strategy for a dividend-focused plan. Now, I use my $2,200 per month passive dividend income stream to quickly save for any vacation I choose. Even better,…
Health Savings Accounts vs. Series “I” Bonds: The Best Value for Your Children
We all want to protect our children from financial ruin. We would love to lay the financial foundation for them to follow throughout their lives. However, we must understand these complex products to assist them. Nobody can substitute for us learning the financial information we need to help others. One of the best ways to…
Dividend ETFs vs. Dividend Stocks: Can You Perform Better Than the Pros?
We all love to be in control, right? We want what we want when we want it. And the stock market gives us an unlimited amount of choices—almost too many. I just finished my Stock Market Investing at Any Age Series (20s, 30s, 40s, 50s, 60s, 70s), where I discussed the importance of dividend growth…
Selling Cash-Secured Puts for Passive Income 2: Overcome the Lost Decade with Yield
The 2020s may be a lost decade for the stock market. Some people call this a bubble that may not pop—but may flatline. However, our net worth must still grow over 10% every year. If the gains don’t originate from the stock market, where do they come from? We can obtain yield from dividends, but…
Stock Market Investing in Your 70s: Passing Income to Future Generations
An asset is something we can pass on to future generations. Focusing on their futures ensures we make the best decisions for our and their well-being and longevity. Honestly, we should be financially savvy and independent in our 70s; there is no reason not to be. Therefore, we can begin mapping out our future endowments…
Stock Market Investing in Your 60s: Let the 401K Conversions Begin
We all love the idea of recycling—turning something old into something new. In our 60s, we can turn our pile of money (401K) into a massive passive income stream. That’s right. We will forget the 4% rule and earn 9-10% yields on our invested capital. Do you need a financial advisor to manage your money…
Stock Market Investing in Your 50s: It’s Time to Take Control of Our Finances
Our 50s allow us to finalize any loose ends as we prepare for retirement. Although there will be many bumps along the way, income will enable us to live our dream retirement. We wrestle the horns of the bull during our 50s. This decade is a “Do or Die” time for our finances. We must…
Stock Market Investing in Your 40s: Preparing for a Happy Cash Flow Retirement
Our 30s can push our finances to the limit; however, our 40s present a unique opportunity. We can set the stage for an extraordinary Happy Cash Flow Retirement during this decade. The stock market will significantly contribute to our retirement success through growth and capital gains, but mainly through income. Our income investing allocation should…
