Tag: kindle unlimited
Using Credit Cards 104: Experts Using Leverage
Today we will get to the fun part of using credit cards. You only become an expert credit card user after you have mastered the game of money and finances. We will review what mastering the game means and how we can all get on track to reach this fantastic accomplishment. Welcome back to the…
Using Credit Cards 103: Advanced Cleaning Up Their Debt
To be honest, most people will never reach the advanced stage of using credit cards. This is the point where you absolutely hate credit card debt. People who reach this stage usually have had to crawl their way out from under debt. It’s not fun giving up your short-term future and fun to pay for…
Using Credit Cards 102: Intermediates Growing Their Lives
You are about to enter the most expensive time of your life. Between the age of 25-45, you will be responsible for buying a home, having children, and saving for retirement. It is a near-impossible task to make it out of this timeframe without debt. However, if we set a high enough goal, we will…
Using Credit Cards 101: Beginners Building Credit
I remember getting my first credit card at age 22. I knew nothing of credit cards, but they were an excellent way to purchase things online. The year was 2005, and Amazon was becoming a big deal for online shopping. I stayed on top of my credit card for many years until I got married…
Renting Rooms vs. Friendships
Renting rooms is the number one way for the average person to get ahead financially. It requires very little investment, and the returns are infinite. However, renting a room to a stranger can be intimidating. There are many unanswered questions until you physically live with someone. What if you knew your prospective roommate? What if…
Inflation Ate My Paycheck 109: How to Beat Insane Gas Prices
I just paid $6.30 per gallon to fill up my car in California. That’s almost $7 per gallon just for the luxury of driving to work. I’ve been warning of a new financial crisis, and we are seeing evidence of it now. Welcome back to the Inflaton Ate My Paycheck series (101, 102, 103, 104,…
What is Your Dream Retirement?
Times are getting tough, so it’s the season for some daydreaming. The only way to stay motivated through this impending recession is to focus on the outcomes. Your dream retirement is a vital part of keeping you on the path. Now, more than ever, people will attempt to get you off your purpose. So let’s…
Home Maintenance Budget vs. Emergency Fund
Owning a home is very expensive. I should know because I own three homes (along with my wife). As a homeowner, you must always prepare for the worst. It is also essential to plan for the unknown as an average person. We can achieve some form of security by building an emergency fund. Along the…
Are You Ready to Become a Landlord?
Everyone wants to earn that sweet rental income, but no one wants to be a landlord. There are many ways to achieve this, like Real Estate Investment Trusts, but why not become a landlord? Becoming a landlord has its own challenges; however, you will learn a lot about people and human nature. If you stick…
Self-Storage vs. A Recession
Have you noticed how many self-storage buildings there are in your immediate area? Why is self-storage so popular all of a sudden? The simple truth is that people love stuff. As homeownership becomes more challenging, people hold onto their things while renting. We are entering a recession, which brings up a great question. Can you…
Trade School vs. College vs. The Military
This article brings me back many years to when I was in high school. I graduated high school in 1999 and went directly into the military. I am still in the Marines Corps, and now my son is in high school. The roles of these different education opportunities have changed considerably. Before, a college education…
High-Yield Savings vs CD Ladders vs Series I Bonds
We know saving AND investing are vital to our family’s and finances’ long-term health. However, most of us will start on the savings side. As savers, we have more tools at our disposal than ever, and navigating the sea of options may be challenging. Luckily, I am here to put three solid strategies to the…
Renting Rooms vs. A Recession
I have been preaching about the incredible benefits of renting rooms for over two years. And I will continue to beat the drum until a few people begin to take notice. There is simply no better way to become wealthy for the average person. The return on investment for renting rooms is infinite, which means…
Inflation Ate My Paycheck 108: What is Your Recession Budget?
The Federal Reserve needs to send America into a recession. Why? Because a recession is the best way to combat high inflation quickly. What does a recession mean for the average person? It means we will struggle with our livelihoods if we do not adjust our mindsets. Today, I want to review our budgets to…
Forever Valuable: The Magic of Evergreen Content
So you want to be a content creator, right? Creating content is one of the best ways to push your brain to its limit. But you don’t have to throw things at the wall to see what sticks. You can create content that you can slowly build upon over time. The more content you make,…
Private School vs. Real Estate
I think it’s safe to say that we all want the best for our children. We will move to different zip codes to change school districts or hire tutors to assist with coursework. In some communities, putting your kids in a private school is a golden rule. However, private school costs money—lots of money. Real…
Dividend Investing in Your 70s
Is it too late to start dividend investing in your 70s? Of course not. Plus, you will have to find a way to keep your 401K and Roth IRA growing throughout retirement and beyond. Welcome back to the Dividend Investing at Any Age Series (20s, 30s, 40s, 50s, 60s), where we build investment strategies for…
The Magic of High-Yield Bond Reinvestment
Do you want to be a high-yield dividend income investor but fear losing principle? Almost anything you invest in with high-yield faces interest rate risk. It’s understandable if you gravitate to safer products like Series “I” Bonds or Treasury Bonds. If you are near retirement, you must protect capital at all costs. But what if…
Happy Cash Flow Retirement 8
Today is a great day. I woke up understanding my purpose, my goal, and my mission. I also wake up every day richer than the day before. Welcome back to the Happy Cash Flow Retirement Series (Part 1, Part 2, Part 6, Part 7) My life consists of the magic of cash flow. I understand…
40-Year Interest-Only Mortgage: Affordability Assistance or Debt Trap?
The housing market is at a record low for affordability. Not only do we have sky-high prices, but also higher interest rates than usual. Yes, historically speaking, mortgage rates are in line with the average. We are currently sitting around 6% for a single-family 30-year fixed. However, housing prices are the highest they have ever…
