Tag: free-pdf-book
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…
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…
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…
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…
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…
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…
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…
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”).…
Debt-Free Society: Beat Automobile Debt
There has been some debate about whether your home is an asset or a liability. I agree with Robert Kiyosaki, who says that your primary residence is a liability. However, there is no doubt that your car is a massive liability. Yes, it gets you to work, but it drains resources daily. With the increased…
Income Investing vs. Inflation
I want my money now! In fact, I want to create as many paychecks as possible throughout the month. This concept is the basis of becoming an income investor. I have been preaching about the woes of inflation for over a year now (Inflation is Coming, Prepare for Inflation). Now, it’s here, and I am…
Retirement Plus: Use Bonds to Supplement Your Retirement
As we move towards retirement, we want to ensure we have multiple streams of income that can increase over time. They increase by paying us a yield, whether interest or dividends. Being on a fixed income, especially during periods of high inflation, is the most dangerous thing you can do during retirement. We want to…
Free Food: Turn Your Garden into a Business
We are in the most inflationary period in over fifty years. Due to multiple constraints with money-printing, the pandemic, and broken supply chains, food costs are increasing rapidly. How will the average person survive this pricing war? We need to go back to our roots (pun intended) and live off of the Earth. A few…
A Recession vs USDC
During a recession, we must be on our best financial behavior. We will not have the resources to waste money all over town on things we “want.” Even better, we must have our money working for us and avoid working for money as our only source of income. Many of us have children, families, or…
USDC vs Series I Bonds
United States Dollar Coin (USDC) has proven to be one of my favorite high-yield investments over the past year. Using Voyager (affiliate link), it is easy to get your money in and out of USDC while earning 9% interest. However, since the rise of inflation, Series “I” Bonds from the US Government have yielded over…
Don’t Gamble with Retirement 7
Retirement comes for all of us; how we choose to spend it is entirely on us. We can struggle on a fixed income and pray the government solves our problems for us. Or we can take matters into our own hands by creating the most extraordinary retirement possible. If you rely on the government or…
Financial Independence Remain Employed
Who says that you need to quit your job once you become rich? The good part of being wealthy is choosing your own destiny. Many of us find solace in the daily grind. We have worked in the workforce for many years and have built a solid reputation. We want the ability to retire whenever…
Staying Debt-Free in Your 70s
In our 20s, the biggest threat to our wealth was striking out into the world. Conversely, in our 70s, the most significant threat to our fortunes is us leaving the world unprepared. That’s right; our 70s is all about ensuring we have everything in place for us to leave the world with our fortunes intact.…
Staying Debt-Free in Your 60s
I’ll be honest with you; our 60s should be a time to relax and reflect—we should be on the easy street with our finances. If we haven’t figured it out by now, we may never unlock our potential. That’s not to say that there won’t be dangers associated with this timeframe. We worked so hard…
Staying Debt-Free in Your 50s
Our 50s is the time we’ve all been waiting for—time to celebrate. We were brilliant in our 20s, chose a good partner in our 30s, and avoided debt in our 40s—now it’s time to party. Am I right? Not really. Welcome back to the Staying Debt-Free in At Any Age series (20s, 30s, 40s), where…
Staying Debt-Free in Your 40s
If the greatest threat to your wealth in your 20s was yourself, and in your 30s was your partner, what do you believe it will be in your 40s? That’s right, your kids. Welcome back to the Staying Debt-Free at Any Age series (20s, 30s), where I discuss how to stay debt-free and build wealth…
