Tag: retirement
The Bait Resignation: Should You Quit Your Job?
Since the 2020 pandemic, we have heard the chatter about “The Great Resignation.” This is a movement where people quit their jobs because they are unfulfilled. I have never, never, never thought about quitting my job because of my satisfaction level. I have no idea when people started to believe that their job should make…
Join Up! Time to Sign Up for the Military
The military is a great place to beat a recession. I have been in the military during the recessions of 2000, 2008, 2020, and now 2022. But, the military offers so much more. I joined the United States Marine Corps in June 1999 and haven’t looked back. I am currently at 23 years and will…
Financial Independence Remain Employed
Who says that you need to quit your job once you become rich? The good part of being wealthy is choosing your own destiny. Many of us find solace in the daily grind. We have worked in the workforce for many years and have built a solid reputation. We want the ability to retire whenever…
Don’t Work Hard For Money; Work for Income-Producing Assets
We all want to work hard and contribute to society as a whole. Well, most of us want to do this. However, working hard to pay our expenses will never allow us to get ahead of the financial power curve. The problem with working for money, or exchanging time for money, is that once you…
Retirement Plus: Use Rents to Supplement Your Retirement
You are about to retire at age 66. You have saved $1 million in your 401K and will be drawing $3,000/month in social security benefits. These income streams will total about $6,500/month in passive income. Is surviving on $6,500/month in passive retirement income enough to live the lifestyle your love? Only you can answer that…
The Magic of Cash Flow
Cash flow is the river of income that keeps a business afloat and running smoothly. Cash flow is the lifeblood of a household that allows everyone to flourish and succeed without daily financial stress. What is Cash Flow? Simply, cash flow is the difference between your income and expenses. The more cash flow you generate,…
Mother’s Happy Cash Flow Retirement
We all love our moms, and we want them to lead wonderful lives into their later years. However, many of our moms grew up without the financial education and opportunities to get ahead before retirement. Many of our mothers depend on social security to get by every month. If you asked them about their dream…
5 Takeaways from “All Your Worth”
“All Your Worth” by Elizabeth Warren and Amelia Warren Tyagi (her daughter) is my favorite book outside of Robert Kiyosaki’s offerings. If I had read this book in 2006, I would be much further ahead financially today. But there is no point crying over spilled milk. In the future, I will recommend this book to…
Dividends vs. Social Security
If you are under 50, don’t fall for the social security trap. You still have time to save yourself and build a fantastic retirement. “What is this trap?” you ask. If you are planning for social security to be your primary source of retirement income, you are in the deadliest trap of them all. You…
Happy Cash Flow Retirement 7
Are you feeling happy today? Happiness is not a feeling that we should chase. Instead, we should set the groundwork for happiness to appear via contentment and satisfaction. Our two biggest barriers to happiness are relationships and finances (love & money). However, most people don’t study these two resources at all. In fact, they wonder…
From Dirt to Dividends 2: Use Livestock and Closed-End Funds to Supplement Your Homestead
Going off-grid is a fantastic accomplishment. However, building a homestead close to the city is just as awesome. You get the benefits of farm living and still have a Wal-Mart nearby. This is part 2 of my Dirt to Dividends series (Part 1), where I discuss growing our farm and retirement nest egg concurrently. Today,…
Zero to 38: Retire by Age 38 in 10 Difficult Steps
Yes, I wrote the term “difficult” in the title. These steps are not necessarily tough, but they go against our programming. From a young age, they program us to work until age 70+, slowly grinding away towards minuscule retirement. To speed up our retirement, we must change our mindset COMPLETELY. We have to stop “working…
From Dirt to Dividends: Use Gardening and Preferred Shares to Supplement Your Homestead
Homesteading is about freedom from the world (large) and the daily grind (small). However, there is one thing that we will never be free of—money. Thus, we need to prepare financially before we run off into our homesteading haze. You must be thinking, “what a weird article.” In my last article, “How to Defeat Creator’s…
Set Your Retirement Requirements
Most people ask, “How much money do I need for retirement?” They usually dream of some arbitrary amount of money, like $1 million. However, it is better to set more concrete goals focused on income rather than a lump sum. Net worth vs. passive income. I always talk about net worth versus passive income. Net…
Freedom Calls: No Freakin’ Way I Am Working 25 More Years 2
Can you imagine waiting until age 66 (according to current social security protocols) to retire? Currently, I am 41 years old, so that would be another 25 years of grinding in the workforce. Do you know what I say to that scenario? No freakin’ way!! I am not spending another 25 years going to work,…
Easter -Nest- Eggs: Build a Dividend Growth Nest Egg
I used to love searching for easter eggs during the Easter Season. My mom would lay out many eggs around the yard or church, and we would run around looking for candy-filled eggs. Childhood memories bring us these incredible feelings of joy and happiness. I am grateful to my parents for ensuring we had moments…
Retirement Planning for the Average Person 3
I can’t believe that it’s been six months since the last article in the Retirement Planning for the Average Person Series (part 1, part 2). I really need to try to get these out every couple of months because they are one of my favorite series on the PDF side. On the Kindle Unlimited side,…
Web Edition- The Biggest Book on Passive Income Ever 2!
Links to all 312 Chapters in “The Biggest Book on Passive Income Ever 2!” Amazon charges me for the size of the book—thus the ebook edition is $40. If you prefer that version, you can buy it here. Enjoy! Web Edition INTRODUCTION 00 000 The Biggest Book on Passive Income Ever 2! FINANCIAL MINDSET 01…
Don’t Gamble with Retirement 6
Are you gambling with your retirement? Do you know the difference between saving versus investing? What are you doing today to combat long-term high inflation? We discussed so many things over the last four months, so now it’s time to bring everything together under one roof. Welcome back to the Don’t Gamble with Retirement series …
I Live Paycheck to Paycheck 4… So I Started Income Investing
Living paycheck to paycheck sucks! Sometimes you may not even understand that you depend on your next paycheck for survival. It’s not until you have a large amount of savings you can reflect and see the gravity of your prior situation. America trains us to live paycheck to paycheck, by the way. When our paychecks…
