Tag: kindle unlimited
The Biggest Book on Passive Income Ever 4!
How do some people get to live the life of their dreams? They get to travel where they want and buy whatever they desire. Their lives seem impossible to obtain, especially if you are in the nine-to-five daily grind. But I am here to tell you that you can remove yourself from the rat race…
Happy Cash Flow Retirement 11
It’s time for another journal about life, love, and the pursuit of happiness. Welcome to your Happy Cash Flow Retirement; I am glad you are here. But how did we get here? What does it mean to have a Happy Cash Flow Retirement? What steps can you implement today that can guarantee your success tomorrow?…
Use the GI Bill as an Income Stream: Use Your Benefits to Build Wealth
The military retirement system allows people to jump from the lower and middle classes to the upper class. A person with a pension at an early age has the ability to “double dip” as they work a second job. However, a strong argument exists for using your retirement, pension, and benefits to build an empire.…
I Love Being Bored; It Means I’m Becoming Wealthier
When did we become a nation of people seeking to dine out daily, entertain our children with expensive trips, and redecorate our homes monthly? It seems that every time I turn on Facebook, someone is on a fancy trip, buying something new, or eating somewhere with five stars. This is not the America I remember…
Keep Rent in the Family: It’s The Best Way to Build Generational Wealth
Sometimes, we must step back and determine how we arrived at the unrealistic expectations we placed upon our kids and ourselves. Is it fair to expect someone to build an empire within 60 or 70 years? However, when we kick kids out at age 18, we expect them to do that exactly. From age 18,…
The In-Debt-ured Servant 2: Avoid the Trap of Independence
I wrote “The In-Debt-ured Servant” on January 6, 2022, when the world was a much different place. I felt that the powers that be were at least TRYING to hide their true intentions then. Flash forward exactly two years, and there is no doubt about what they want for the average person—to become servants to…
Where Should You Save Your Emergency Fund? The First Step to Building Wealth
Where you hold your emergency fund is a deeply personal choice that originates from how you feel about money. Ultimately, it’s about whatever allows you to sleep well at night. Where you hold your emergency fund also depends on how large of an emergency you can expect or how much risk you can accept. The…
The Magic of Trading Long Strangles: The Best Passive Options Trading Technique
Have you ever dreamed of creating a money machine? Well, the secret to getting rich is finding a way to generate out-sized returns—and continually repeating the process. I stumbled upon trading long strangles through my options trading journey. The returns have been magical. I am still waiting for the downside to show its face. In…
Income Investing for the Win!!
Have you ever felt totally in control of your life? Have you ever felt that you can handle any and every problem that comes your way? That’s how I feel nowadays. But it wasn’t always like this. Less than five years ago, the world told me what to do, and I followed. The world bullied…
What is Financial Awareness? And How It Can Make You Rich
Most people don’t understand they can’t afford the lifestyle they lead. Our lives involve more than having enough cash to cover expenses. To build our dream lives, we must navigate through a plethora of financial options, all dealing with the past (debt), present (savings), and future (investing). Financial Awareness is the ability to visualize multiple…
Traveling to Istanbul on Passive Income: #1 Converting to a Passive Income Lifestyle
Turkey will always hold a special place in my heart. Here, I determined that if I wanted to live my dream life, I would have to make some drastic changes. Our first trip to Turkey was in June 2019, when my wife and I struggled financially. In fact, my wife had to quit her job…
Thanksgiving: A Time for Grace and Passive Income
What a wonderful time to be alive and enjoying the Thanksgiving holiday season. What are you thankful for this year? I am blessed to have retired from the Marine Corps this year—24 years later. After many years of being away, I finally came home for good. I am also thankful to have learned the ways…
Tired of Being Broke, Behind, and Bullied? It’s Time to Become a Capitalist
I remember when I first made $100,000 in a year. I believed all my financial problems would disappear after hitting that magical number. However, in reality, my financial issues were worse than ever. I had $70,000+ in credit card and automobile debt, and I couldn’t take my family out to eat without using my credit…
It’s Time to Purchase a Certificate of Deposit: The Magic of High-Yield CD Reinvestment
I just received an email from Discover (where I have my high-yield savings account) offering me 5.20% interest on a 12-month certificate of deposit. It’s been a long time since CD yields were this high, and I fear they won’t last much longer. I personally have a higher risk tolerance than most, so CDs aren’t…
Building Generational Wealth: Via Dividends
Should our kids have to start from scratch? People say how wonderful it is to become a self-made individual, but is that what we want from our kids? My parents didn’t give me a head start financially, so I spent years treading water. I could have spent these years building upon what they created—if they…
The Perks of Becoming a Capitalist
I spent over twenty years thinking like a government employee. There is nothing wrong with working for the government and providing for your family. However, although the wages were reasonable, my financial situation stayed the same from age 18 to 38; I always seemed to be in debt or broke. My wife and I are…
How to Control Your Spending 104: Implementing a Daily Budget
We don’t realize how much marketing we receive throughout one day. Even worse, social media has helped average people market to one another—no evil corporations required. Therefore, it’s not a question of whether we spend money but how much we spend. With that in mind, let’s find a way to spend but remain under control.…
Treasury Bonds vs. Options Trading: Graduate to the Next Phase of Investing
We rarely get to compare two completely opposite things—usually, there is no point. However, let’s make an exception in this case because both investment vehicles can help us reach our financial goals. Buying treasury bonds and trading options are about as far apart on the risk totem pole as possible. Treasuries give investors a risk-free…
How to Control Your Spending 103: Developing a Hardcore Budget
There are only two ways to become rich: lower expenses or increase income. If you can reduce your costs as you add more cash flow to your bottom line, you have a good chance of becoming wealthy. But how do we lower our expenses when inflation wreaks havoc on our budgets? The answer is to…
How to Control Your Spending 102: Using the Envelope System
We kids teach kids how to spend using the envelope system; however, adults can use this system as well. The envelope system gives us a better way to visualize our spending and income than debit cards and online banking. But who should use the envelope method, and how will it benefit them in the long…
