Tag: free-pdf-book
Selling Cash-Secured Puts for Passive Income
After spending some time on the stock market, you’ll understand the epp and flow of the world’s greatest wealth creator. You will undoubtedly be a buy-and-hold investor if you are a dividend investor. Receiving dividends is my favorite moment of my day, outside of seeing my family. Luckily, we can extract even more passive income…
Inside Our $240,000 Dividend Portfolio: Which Pays Us $1,300 Per Month
I remember working at McDonald’s for $4.25/hour in California back in 1997. I used to work hard for money, thinking it would set me free one day. Unfortunately, that’s not how financial freedom works. You’ll need to have your money work for you to escape the rat race. There are many ways to earn passive…
Financial Security vs. Financial Freedom 2: The Difference Between Saving and Investing
Financial education given in school is a disgrace to the American public. We all have different viewpoints on why this is, but finding a solution is a better use of our time. The main thing hurting Americans is not knowing the difference between saving and investing. I have met many people who can balance a…
Turn Your Articles into eBooks: Create Even More Passive Income
I started my writing career as a blogger in June 2020. I thought my content would draw the masses within six months of starting my online presence. If you ever started anything online, you’ll know this was wishful thinking. It takes a good while to carve out a nice piece of real estate on the…
Investing for Interest 113: Baby Bonds vs. Treasury Bonds
If you are making the switch from saver to investor, one of the best places to start is with bonds. Bonds provide safe, consistent income with the chance for some capital appreciation. Treasury bonds are a safe haven for investors because they pose no credit risk (meaning they are considered risk-free). However, if you crave…
Debt is Your Birthright: How to Overcome It
You shouldn’t feel bad about being in debt; however, you shouldn’t be comfortable living in debt either. Debt is a very complex topic with a straightforward premise—debt is about control. I’m fresh off the book “Debt: The First 5,000 Years,” which changed how I view debt. There is nothing new under the sun, and our…
My Secret Formula to Determine Housing Affordability
The housing market is out of reach for most American households. However, there are still small pockets of affordable places to live—you just need to find them. I have been using an affordability technique over the last ten years that has served me well. It uses a combination of Zillow and Military housing calculators to…
Is Homeownership Still The American Dream?
I detest paying rent to someone else. Currently, I am renting a room as I finish the last month of my military career. I am paying $800 monthly in San Diego as my family awaits my return to Florida. I feel many negative emotions every time I pay rent on the first. I am a…
Cursed Retirement? What is Sequence of Returns Risk?
Most of us spend our working years dreaming (and planning) for retirement daily. We know that to free ourselves from bondage, we must have a solid retirement plan in place. Conventional wisdom has us invest 10% into our 401Ks and Roth IRAs over 35-45 years. Hopefully, we retire with $1-2 million, but that is rare.…
The Magic of High-Yield Index Fund Reinvestment
Index funds pay an embarrassingly low amount of dividends. However, they are a great product to dollar-cost average over a long time because it’s hard to beat their gains. The problem arises when you need to generate income from your index funds in your working or retirement years. Most people cannot live on a 1.5%…
My Five Year Plan for My Book Business: I’m Creating a Passive Income Machine
I have 930 books on Amazon. Yes, they are high-content books with words and pictures. I published my first book in January 2021 (today is June 19, 2023). When I first started, I aimed to create 1,000 books on Amazon. Well, now I don’t have an end goal because I plan to write until the…
Minimalism is Now a Necessity: We Can No Longer Afford Stuff
We are moving into a new era during the 2020s. We are transitioning from the prosperity era to the austerity era. This new austerity era will take no prisoners. If you don’t grasp how unforgiving this new timeline is, then you risk losing it all. What is the austerity era? This new era represents the…
Saving is Defense: Investing is Offense
Do you know the difference between saving and investing? What is the difference between having $100,000 in a high-yield savings account (HYSA) and $100,000 in an income investing portfolio? Once they get out of credit card debt, most people become savers. Saving comes naturally because you have complete control of your money—there are no risks.…
The Metaverse 117: Return to the Metaverse
With one announcement, Apple restored all the hopes and dreams of a Metaverse-rich future. Their $3,500 headset will increase the general public’s awareness of spatial computing—and the metaverse. It’s been over a year since I wrote about the metaverse. Much of the hype irradiating from the metaverse came from the gold rush into cryptocurrencies. The…
Saving and Investing with $1,000 per Month
Welcome to the big leagues! If you can save and invest $1,000 per month, you will eventually become quite wealthy. I remember four years ago (2019) when I didn’t even have $1,000 in my savings account. Even worse, I had $77,000 in debt; those were not fun times. I remember thinking that having $10,000 in…
How to Use a Daily Budget: The Best Way to Curb Personal Spending
Do you have your personal spending under control? If so, how do you measure whether you successfully keep your urges to consume at bay? Having financial control is tricky because we all work hard. We feel we deserve certain luxuries when we put so much into work. Some of us may love to spend on…
Become Middle-Class PLUS: Insert Growth Multipliers into Your Life
Most people fear becoming rich. Somewhere along the lines, they adopted a belief that rich people are bad; therefore, they avoid the path to wealth. However, it’s still not wrong to make a little more money. The problem is that most people cannot fathom earning income outside of a 9-5 job. Most times, people’s jobs…
Income Investing vs. Inflation 2
Inflation will stick around for 5-10 more years, so we must fight it at all costs. If your income leaves you behind, expect to have a challenging decade. Income investing is my favorite way to combat inflation because of the level of control it gives you. Each dividend you earn gives you a choice between…
Start Your Season of Saving: Let’s Save $100,000
Do you believe that $100,000 is a lot of money? Can you envision you would ever have this amount of money in your high-yield savings account? If you think this is a lot of money, that is your first limiting belief. If you do not believe you can save $100,000, that is your second limiting…
How to Channel the Velocity of Money and Take Control of Your Financial Outlook
How do rich people get rich and stay rich? They always keep their money moving in new and unique directions. When we lack financial education, we think that saving money (even in a high-yield savings account) is the terminal location of our monetary needs. However, we need to use our money to create money continually.…
