Tag: kindle unlimited
Middle-Class Investing 103: Create Additional Streams of Income
To sit comfortably in the middle class, you must create additional income streams. Holding one or two jobs in the household is risky. Rich people understand the power of having multiple streams of income. It is how they continue to accumulate wealth, even during a recession. Welcome back to the Middle-Class Investing 101 series (101,…
Middle-Class Investing 102: Budgeting to Financial Freedom
There comes the point where we all must settle down, create a budget, and follow it. Whether this time comes in your 20s or 70s, it SHOULD happen. But why has budgeting become such a bad word? How have credit cards become a staple of middle-class families? It’s no accident that credit cards have become…
Middle-Class Investing 101: Investing is Essential for Freedom
There is nothing wrong with being firmly in the middle class. I am happy sitting in the middle because I can fly under the radar. As middle-class people, we get ourselves into trouble by trying to act like we are rich. Keeping up with the Joneses is a losing proposition on all fronts. However, we…
Podcasting vs Blogging: Start Your Creative Career Today
We live in a world where your job simply will not pay you enough. Even if you make $300,000/year, it won’t be enough to live comfortably in your high-income city. You must make additional income, and you can do that either actively or passively. You do the work once as you build a portfolio of…
The Perfect Life: RV Life & Royalties
What a fantastic time in which we live. Never has it been easier or more convenient to make money from anywhere in the world. However, easier doesn’t mean less challenging. Living the laptop life comes with extreme discipline and consistency. We can merge the ideas of freedom and remote work with RV life. This means…
Create Royalties While Working a Full-Time Job
Don’t you hate waiting for an annual pay raise for a promotion? That’s what happens when you depend on someone else for income. But I am a realist; most people cannot leave the workforce to pursue a start-up business full-time. We all have responsibilities such as a family, living expenses, or medical needs. However, we…
Are You a Dividend Growth Investor or an Income Investor?
How do you like to see your money? This is at the heart of the question, “Are you a Dividend Growth Investor or an Income Investor?” If you like to see your investments always (most of the time) in the green, then you’ll probably lean towards Dividend Growth Investing (DGI). If you want to see…
Is It Difficult to Own Multiple Houses?
Owning real estate is a guaranteed way to increase your net worth while creating generational wealth. However, it does take work to own a home. If you own multiple homes, you can significantly increase your chances of becoming wealthy. However, is the additional stress worth the payoff in the end? Today, I want to share…
Inflation Ate My Paycheck 111: Ride the Recession with a High-Yield Savings Account
Interest rates are moving upwards, and they can affect us positively and negatively. As safe securities like treasury bonds and Series “I” Bonds increase their yields, prices for risk assets (like stocks and crypto) can decrease. That’s why it’s good to have exposure to many types of asset classes (real estate, bonds, stocks, cryptos, automated…
The Biggest Book on Passive Income Ever 3!
What is the point of working hard to build passive income? Couldn’t we achieve the same results by getting a high-paying job? Yes and no. Money is money, no matter how it arrives in your account—this is true. But the magic of passive income is you can do whatever you want as it grows inside…
Santa’s Bringing Dividend Growth Stocks
As we wrap up the Year of 2022, it’s time to reflect on our lives. We thank the heavens for having a loving family and friends that support us in our endeavors. We can also thank the “powers that be” for giving us the gift of income. Our dividends have grown tremendously throughout the year…
New Year’s Passive Income Resolution 2023
What a fantastic year we had in 2022. Yes, the stock market crashed, but things still lined up in our favor. That is the magic of passive income—it helps protect you from downturns. I started the year bullish on cryptocurrencies and still feel the same. They will be a significant part of our transition to…
Long-Form Content is the Future
The world wants to cram as much content into our brains as possible. People complained about tv ads, and now they watch 30-second clips on Tik Tok. When traveling one day, I watched someone scroll through Tik Tok for over an hour straight. What kind of value did this person obtain from this hour? Long-form…
The Magic of 3: High Yield Savings Accounts Hit 3% Interest Rates
It’s been nearly 15 years since your savings account earned a decent interest—what a time to be a saver. Yes, inflation is over 8%, but we can find ways to beat that. The important thing is that high-yield savings accounts hit 3% interest rates. If you are risk averse—now is the perfect time to put…
Overcoming Depression through Progression
The “hot” new therapy seems to focus on healing the past. The idea is that if you can discover and isolate your trauma, you’ll be able to move forward. I am no clinical doctor, but I have a different approach. While it is vital to isolate your trauma, it is more important to focus on…
Retirement Planning with Index Funds
Index funds are a fantastic tool to leverage the stock market’s growth. They are as close to a “set it and forget it” investment plan as possible. However, there is one thing I want you to take away from this article; index fund investing is not enough for a worry-free retirement. To have a great…
Take The Difficult Path: The Only Way to Reach Happiness is through Tough Decisions
I once heard the quote, “You can measure your success by the number of tough conversations you have.” How many times have you had to have a tough conversation with yourself, your spouse, your kids, your parents, or your co-workers? Most people avoid tough conversations and don’t have much success or happiness. The path to…
Starting a Business with One Hour a Day Available
Time is the most valuable resource on this planet. We spend our lives trying to buy freedom from the workforce; for most people, we call this retirement. One of the cruel ironies of life is that we can buy our freedom much sooner by spending more time earlier. Sounds confusing, right? You need assets to…
The Magic of Having (Budgeted) Fun: Be Creative Within a Daily Budget
Yesterday was a great day. My mom is in town, and all five of us (wife, mom, and two boys) went to Ruby Tuesdays. We ate whatever we wanted and walked out the door, spending $150. That’s not bad for a family of five, especially during an inflationary and recessionary timeframe. But the best part…
What is Your Creative Ability?
I love talking about one’s ability to be creative. The reason behind my passion is that I never believed I was creative. I joined the military directly out of high school in 1999 and spent the next 21 years grinding to the top. The world meant for me to be a rigid military-type person, or…
