Tag: retirement
To Become Rich, You’ll Need Leverage
Getting rich in one lifetime is nearly impossible—yet this is the path our parents taught us as children. Here is the plan in a nutshell: Please tell me if I am missing something. The problem with this typical scenario is that at no point did you exert any leverage. 40-Year Interest-Only Mortgage In fact, when…
The Perfect Life: Homesteading & Dividends
Do you ever dream of getting as far away from the city as possible? I think about this every day on my commute to work. Society is becoming more dangerous and less intelligent, so it is wise to devise an escape plan. But how can you escape while living within 20 miles of a Walmart?…
How to Become Financially Independent in Your 20s
Being young grants you the gift of youth. Youth allows you to work as hard as possible and recover easily by the next morning—you are almost invincible. However, with youth comes hormones and pride. Indeed, fighting through your own mindset will be the biggest challenge of all. If you can get it together, you can…
I’m Obsessed with Money: And You Should be Too
I love money. I love having money, making money, and growing money. Society attempts to tell me I am terrible for caring about my money. The only way to stop caring about money is to become obsessed with it. Once you figure out how to live below your means, save money, and grow your income,…
Losing Friends? You’re Doing Something Right part 2
The path to wealth is a lonely journey. No one will understand your obsession to become rich and live on passive income. Only three percent of the population will become wealthy, so your ascent to becoming elite is rare. You cannot expect 97% of people to follow you on your quest. Continuing education is the…
Live Your Best Life with Dividends
Do you ever dream of living a rich lifestyle? Do you want to maneuver through life without worrying about money? Anyone can achieve these dreams, but we must change our world view. You don’t reach complete financial freedom while working a job. The truth is that freedom comes when other things perform the work for…
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…
Don’t Gamble with Retirement 8
My, how time flies. I can’t believe I opened my website over two years ago. I began publishing books on Amazon in early January 2021. I released the book “Don’t Gamble with Retirement” on February 13, 2021. I say this because it is time to celebrate. My retirement plans (along with my lovely wife’s) are…
Love Calls: How to Thrive in a Long Distance Relationship
I’ve been married for 16 years; of those, I have been away for eight. It’s part of military life but part of everyday life for most people outside of America. Being with your family is a gift most people do not truly appreciate. In most third-world countries, men can’t earn enough in their local setting.…
Don’t Fumble the Bag
Life presents us with a plethora (many) opportunities to change the course of our current direction. If you jump on these chances and convert them into investments, you will move along a path of abundance. Some people call this luck; however, you’ll need the education to recognize an opportunity and take advantage of it. Overcoming…
Retirement Planning for the Average Person 4
The average person needs to have a plan for retirement. Yes, this means that you actually need to formulate a path towards getting older and surviving. Retirement is coming for all of us, and no one is coming to save us. Social security is NOT a retirement plan. It’s a questionable backup resource—at best. I…
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…
