Tag: kindle unlimited
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…
If You Don’t Have Money: Don’t Buy Anything
“If you don’t have money, don’t buy anything.” Seems like a simple mantra, right? So, why is it so difficult for us to stop spending? The good news is that it’s not just you who cannot stop spending. The bad news is that you are 100% in control of your actions. Spending has become a…
Pumpkin Spice & Royalties 3
How does it feel to earn money while you sleep? Quite good, actually. Every night I sleep, my 1000+ books on Amazon go to work to produce cash flow for my household. This cash flow is even more vital to my overall game plan during the winter season. Fall brings in the season of giving,…
Happiness Isn’t Free 3: Happiness Comes from Measured Sacrifice
Everything has a cost. Your life will open up as soon as you live and breathe this mantra. You can have everything you want in this world if you pay the price. The question is, what do you want? If you attach your happiness to “things” and “stuff,” you will have a difficult time being…
Income for Retirement: Understanding High-Yield Dividend Stocks
Retirement can be scary because you lose the safety and security of receiving a monthly paycheck from your company. What if you could still get monthly paychecks from Fortune 500 companies during retirement? We need a high level of income to satisfy our financial needs during retirement so we can invest in companies that pay…
Income for Retirement 5: Understanding Business Development Companies
America is the land of small business. When small businesses thrive, so does the American economy. We need to leverage these small businesses to build income for our retirement. Picking small-cap stocks can be tricky. You must do a lot of research to stay on top of small companies as the media covers them less…
Income for Retirement: Understanding Dividend ETFs
I love being a hands-on dividend investor and picking individual stocks along the way. Reading stock market news every night before bed gives me great pleasure. However, most people don’t want to spend this much time and effort to get great returns from the stock market. Everyone needs income for retirement, so what can more…
Income for Retirement: Understanding Mortgage REITs
We all need some bonus income throughout our retirement. Wouldn’t it be nice to have an extra $200 to $400 arriving in our checking account every month? Mortgage Real Estate Investment Trusts (mREITs) make great sources of bonus income. Of all the types of income investing products, mREITs are the toughest to master. Welcome back…
Income for Retirement: Understanding Closed-End Funds
Throughout our working lives, we depend on income to sustain our lifestyles. Why should things be different during retirement? No matter our age, we must pay bills, purchase food, and allocate resources for travel; these things will never fade away. Therefore, we need to create a consistent paycheck to match or exceed our monthly expenses—enter…
Income for Retirement: Understanding Preferred Shares
Retirement comes for all of us; whether we prepare appropriately for it is a different story. But we all have time to ensure our income is sufficient to last our entire lives. The first step to living a great retirement is determining how much income you need. Then, you can choose the instruments that best…
Who is a Better Steward of Your Time? You are Your Boss?
When did we become a society of followers? I understand that every community needs leaders and followers, but each household in America has a certain level of freedom. I have been fully retired for a month, and people cannot understand how I spend my time. Even worse, they say they need their job to keep…
Writing: I Retired to Start My Dream Job
Now that I am fully retired, I have time to reflect on the journey that got me here. It’s been a long road (24 years in the Marine Corps), but well worth the wait. Besides my wife, perhaps the most essential part of my path has been writing. Writing forced me into uncomfortable situations and…
To Change Your Life: You Must Change Your Life
“It’s about the journey, not the destination.” Have you ever heard that quote before? What does it mean to you?’ I only understood what it meant once I began my passive income adventure. My wife and I have come so far over the last 4.5 years. How did we start our journey? In January 2019,…
Art Edition- The Biggest Book on Passive Income Ever 3!
INTRODUCTION 00 000 The Biggest Book on Passive Income Ever 3! FINANCIAL MINDSET 01 001 Are You a Spender or a Saver? 01 002 America is Expensive: So What Are You Going to Do About It? 01 003 Be Extreme Toward Your Dream 01 004 Become CEO of Yourself 3 01 005 Become Insanely Productive…
Web Edition- The Biggest Book on Passive Income Ever 3!
INTRODUCTION 00 000 The Biggest Book on Passive Income Ever 3! FINANCIAL MINDSET 01 001 Are You a Spender or a Saver? 01 002 America is Expensive: So What Are You Going to Do About It? 01 003 Be Extreme Toward Your Dream 01 004 Become CEO of Yourself 3 01 005 Become Insanely Productive…
Dividend Investing vs. Options Trading: Let’s Start with $10,000
The world of high finance is a fantastic place to build wealth and live your dreams. However, without financial education, your dreams can become nightmares. If you can save $10,000, you can consider yourself an Elite Saver of America. But now it’s time to make your money generate more money. Dividend investing and options trading…
