Tag: free-pdf-book
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…
Staying Debt-Free in Your 30s
Your 30s is where you are most likely to accumulate massive levels of debt. The two main culprits will be marriage and home-buying, so you need to evaluate what direction you take regarding these events honestly. Welcome back to the Staying Debt-Free at Any Age series (20s), where we try to make it through life…
Staying Debt-Free in Your 20s
Staying in debt is the downside of the American Dream. The only way to live a great debt-free life in America is to live below one’s means and focus on building relationships. Welcome to the Staying Debt-Free at Any Age series, where I will discuss avoiding debt at various stages in life. Today I will…
Building an Audience 102: Adding Value Consistently
If you have read any literature on becoming a content creator or starting a business, it probably talked extensively about “adding value.” In essence, money is literally the exchange of value. Thus, to have someone exchange their hard-earned money for your content, service, or product, you’ll need to add value to their life. Today, I…
Don’t Work Hard For Money; Work for Income-Producing Assets
We all want to work hard and contribute to society as a whole. Well, most of us want to do this. However, working hard to pay our expenses will never allow us to get ahead of the financial power curve. The problem with working for money, or exchanging time for money, is that once you…
Retirement Plus: Use Rents to Supplement Your Retirement
You are about to retire at age 66. You have saved $1 million in your 401K and will be drawing $3,000/month in social security benefits. These income streams will total about $6,500/month in passive income. Is surviving on $6,500/month in passive retirement income enough to live the lifestyle your love? Only you can answer that…
The Magic of Cash Flow
Cash flow is the river of income that keeps a business afloat and running smoothly. Cash flow is the lifeblood of a household that allows everyone to flourish and succeed without daily financial stress. What is Cash Flow? Simply, cash flow is the difference between your income and expenses. The more cash flow you generate,…
How to Make $500/Month in Dividends
Can $500 a month in free income change your life? I can speak from experience that dividends can change your life and your entire outlook on the future. Once you start building a dividend portfolio, you’ll wonder why you hadn’t started sooner. Of course, it costs money to make money with dividends. If you don’t…
Series “I” Bonds vs Roth IRAs
With a recession on the horizon, we need to invest with a long-term mindset. We aren’t going to make double-digit returns over the next few years. What are some investing options we have with a 20+ year timeframe? Today, I want to talk about Series “I” Bonds and Roth IRAs because they are very similar,…
From Dirt to Dividends 6: Use Verimculture & Blue Chip Companies to Supplement Your Homestead
I’m feeling mighty wealthy today. That is because I have dividends coming in from all sorts of high yield products, such as closed-end funds and preferred shares. Currently, I am still working; however, I will retire, and my dividends will continue to pour into my accounts one day. With dividends incoming, I can spend my…
Debt-Free Society: Beat Credit Card Debt
Credit cards are a powerful evil that controls a majority of the population. They tempt you with great offers and reduced interest rates to ensnare you for years of pain. However, there is no use for us crying over spilled milk. It’s time to accept that we got ourselves into credit card debt and need…
