Tag: free-pdf-book
Spicy Dividends for a Bland Life: Make More Money for Doing Less Work
I remember my life as an employee. The military paid me twice a month for over 24 years. They used to call it “three hots and a cot.” For the first 20 years, my only income derived from those two monthly paychecks. They increased yearly, but my expenses increased more than my pay raises. Soon, the…
The Options Trading Debit Card: Create the Best Weekends of Your Life
I have been going on and on about my Dividend Debit Card (Part #1, Part #2, Part #3) over the last three years. It is incredible to receive dividends directly to my Cash App spending card. This month (November 2023), I am on track to receive $400 in dividends directly to my Dividend Debit Card.…
The Pros & Cons of Homeownership #3: Inflation Protection
My generation (40s) didn’t honestly know about inflation a few years ago because we had never felt it. However, 2022 changed that for all of us. Suddenly, food, gas, and housing costs rose faster than our wages. Those who had locked in 2-3% mortgages on lower-priced homes were sitting pretty. Those in the market who…
Covered Calls vs. Cash-Secured Puts: The Best Strategy for Beginners
So you want to trade options, huh? Welcome to this magical and dangerous world that most try to avoid at all stops. The key to trading options successfully is having a clear income goal, defined expectations, and a rock-solid plan to avoid being greedy. Greed is the number one way to lose lots of money…
Why Series “I”? The Benefits of Investing in Savings Bonds
With the Federal Funds rate hovering around 5%, there are many places to park your cash and receive a good deal of interest. Some of these investments include high-yield savings, certificates of deposit, treasury bills, and treasury notes. With so many choices, how is a saver to choose? How to invest is a deeply personal…
Dividends vs. Royalties part IV: How to Earn $200 a Month in Passive Income
Living on passive income seems like a dream life, but in reality, getting started is anything but passive. Building an income stream takes a lot of active time, effort, and work. This is part four of my Dividends vs. Royalties series (Part #1, Part #2, Part #3), where I compare passive income from dividend investing…
Retirement Planning for the Average Person 6
It finally happened; my wife and I retired. I am 42, and she is 39, and life couldn’t be better. We both started with below-average resources, but we still arrived at this momentous occasion. So, what’s the secret sauce to retiring when you want, having a great income, and living your dream life? The secret…
Trading Long Strangles for Passive Income
Trading options on the stock market is not for the faint of heart. However, you have come to the right place if you want big returns (for taking big risks). Trading options can be a very emotional experience because the stock market can make you feel like an idiot sometimes. Therefore, finding the options strategy…
The Pros & Cons of Homeownership #2: Wealth Destruction
The more I watch HGTV, the more I believe the housing industry created it to get people to spend money on their homes. Owning a home can be the most expensive experience of your life if you let it. Unfortunately, many people have destroyed any chance of building wealth by focusing their wallets on their…
The Pros & Cons of Homeownership 1: Wealth Creation
There has never been a more challenging time to purchase a home than in 2023. Interest rates are soaring, and home prices haven’t decreased to reduce the monthly payments. Therefore, first-time home buyers need more money for a down payment and higher incomes for bigger mortgage payments. The burning question is if buying and owning…
Full Throttle: How to Build a Fully Funded Emergency Fund
There is a big difference between financial security and financial freedom, mainly the amount of passive income your portfolio generates. Financial security means a major emergency or repair will not be a significant setback for your family. Financial freedom means your portfolio generates enough passive income for you to stop working and live on the…
Fundrise vs. Dividend ETFs: Corporate Profits vs. The Housing Market
Which would you rather depend on during retirement: corporate profits from blue-chip companies or the rental income and capital gains from the US housing market? That’s a tough call, so let’s dive into how we can best position ourselves to earn passive income from these major capital markets. Building passive income during retirement should be…
The Three Stages of Wealth: Debt, Saving, Investing
There has never been a better time to understand money because it isn’t what you imagine. Most of us spend our lives dreaming of having more money, but we should focus on adding more value. As you better understand the value system, you’ll determine how money orients itself depending on the end user. There are…
Are You a Willing Contestant in the Rat Race?
Games are fun, especially when you understand the rules. Life is the ultimate game show because there is much at stake. Not only do we hold our lives in the balance, but also the future of our children. There is no better prize than financial freedom. However, we didn’t start the game of life with…
Investing for Interest 117: Treasury Bills vs. Treasury Notes vs. Treasury Bonds
Choice is the spice of life. When it comes to building an emergency fund, saving for our children, or investing for the future, we have many options. To effectively use these options, you must understand each of their individual metrics and make decisions that best suit your income needs. Welcome to the Investing for Interest…
T-Bill & Chill: What Are Treasury Bills?
Welcome to the world of Treasuries, where we maximize returns by investing with the US Government. I have covered Treasuries extensively over the last two years. However, I haven’t peeled back the onion on Treasury Bills, also referred to as T-Bills. Let’s take a look at how T-Bills compare to other Treasuries. What are Treasuries?…
Money & Marriage: How to Retire Early as a Couple
The road to financial independence is more a spiritual journey than a financial one. You must understand who you are precisely and your purpose on this Earth. As a couple, the path to living on passive income is even more arduous. Now, two people must share one vision. The journey is usually too challenging to…
The Dividend Debit Card 3: Dividends in Daily Life
Every day with dividends is a gift, and it’s even better when they arrive directly in your checking account. I have been dividend investing for over four years; it becomes more interesting and fun each year. The key to successful dividend investing is enjoying the fruits of your labor. Dividends are best when you can…
Make Enough Passive Income to Cover Your Mortgage
Life is good when you live for free. Housing is the highest expense in most households, and rightfully so—we all need a clean place to stay. However, mortgages and rents have increased faster than wages, especially since the pandemic. If you don’t keep improving your income, paying your housing costs will be hard. The best…
Pursue Your Creative Career with Dividends as a Backdrop
Our hearts crave creativity and expressing ourselves in the public eye. As kids, we loved to paint, color, and write; we loved to dream. As we grew older, the world became about earning money and finding a career we could use to support ourselves. I spent 24 years in the military, a great profession indeed.…
