Tag: starting a business
The Four Principles of Index Fund Investing
Index funds are vital to our wealth-building journey because they provide a safe approach to investing in the stock market. Index funds are as reliable as you can ask for something that trades on the stock market. However, we must remain vigilant as passive index fund investors. The goal of index fund investing is to…
Boost Your High-Yield Savings: Decreasing Rates Call For Increasing Innovation
Robert Kiyosaki famously said that savers are losers; I agree with him wholeheartedly. Most people believe that he wants people to be reckless with their money. However, he means quite the opposite. He is saying that depending on the bank to generate your rate of return will always be a failing proposition. For the last…
Writing for Passive Income: Become an Elite Content Creator
So, you want to become a writer? Becoming any type of content creator is challenging and liberating. But what makes writing so great? I became a content creator in June 2020 when I started writing. No invisible walls or gatekeepers prevent you from becoming a writer. To become a writer, you simply must write. I…
Nobody Owes You Anything 2: Build Your Own Financial Success
We have become a “society of entitlement.” We want things for free or that we can receive with little effort. But the true path to financial freedom is treacherous and difficult. To free ourselves, we must not expect anything from anyone. That’s not to say we become independent warriors; we simply take matters into our…
Build Wealth Slowly 2: Make Sound Financial Decisions Over a Long Time
What’s the rush? Why does everyone want to become rich overnight? Americans seem to have a love affair with the dream of becoming a millionaire in their 20s. But the truth is we can do so much better if we build wealth slowly. By creating a wealthy lifestyle from the ground up, we ensure our…
The Illusion of Freedom: The True Three Paths are Military, College, or Trade School
During my entire 24-year career in the United States Marine Corps, people questioned how I could give up my freedom and liberties. They said it’s better to be able to quit their job whenever they like, travel where they want, or do as many drugs as they deem necessary. For 24 years, I kept my…
Financial Freedom: The True American Dream
Nobody wants to work—or, better stated, nobody wants to be forced to work. We would all love to be “work-optional.” To become work-optional, you must first become financially free. Becoming financially independent isn’t as tough as people think; however, the media does an excellent job of making it seem out of reach. Ultimately, your version…
The Sacrifice of Retirement: It Won’t Come Easily But Is Possible
When did we start believing that retirement would come easily? Why do we think someone would pay us for our most unproductive years? The concept of retiring is a reasonably new idea. People who owned farms and businesses usually worked until they died. When social security became an entitlement, the government believed people would only…
Don’t Work Hard for Money 2; Work for Income-Producing Assets
Why do you go to work? Is it to pay bills or provide for your family? Do you go to fund your kid’s college tuition or purchase a home? These things are noble but may not get you the desired results. In fact, there is truly only one reason to work—at least at first. Why…
The 40-40-40 Plan vs. Happy Cash Flow Retirement
They told us that if we worked hard, were smart with our money, and planned well, we would have a great, exciting retirement. How is that working out for you? The 40-40-40 plan involves working 40 hours a week for 40 years and receiving 40% of your income during retirement. That was the plan they…
Reject the 40-40-40 Plan: 40 Hours Per Week, For 40 Years, For 40% Retirement
Most of us are halfway (or more) through our financial journeys, but it’s never too late to change course. The plan the experts sold us was never going to set us free. To become financially independent, especially before 50, we must travel a different path. To obtain assets, we must learn to leverage capital markets…
No Freakin’ Way Am I Working Another 25 Years part 4
I vividly remember my 40th birthday. I was in Okinawa, Japan, on a two-year unaccompanied tour away from my family. I was working hard to establish my writing and book publishing business. I had been in the Marine Corps for 22 years at the time. The last three years were the hardest because stress levels…
Retiring to a Small City and Living on Passive Income 2
Do you want to have the chance to retire in this lifetime? Even better, do you want to retire early, perhaps in your 40s or 50s? There has never been a better time to create a Happy Cash Flow Retirement, but it will take sacrifice. Your company no longer gives you a nice pension with…
Become a Capitalist: Retire Early
Pensions are gone, and they are not returning. You cannot depend on Social Security. Your 401K will only provide you enough income if you invest over $2 million. So, how the heck are you supposed to retire? There is only one way to retire early—through passive income. Becoming a capitalist is the only way to…
The Robots Are Coming: Time to Start a People-Focused Business
Your job may be coming to an end soon. In fact, most humans may not be working a job in 50 years. The laws of corporate profits dictate that companies reduce costs to maintain profits. For many companies, human capital (us) is their highest expense. And with some fast food workers in California now being…
5 Takeaways from “How to Day Trade for a Living”
“How to Day Trade for a Living” by Andrew Aziz is a powerful look into the world of day trading. Although I do not aim to become a day trader, I can transfer many essential skills to my love of options trading. Day trading is a brutal profession that can destroy most people who try…
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…
Don’t Gamble with Retirement 12
What does retirement mean to you? After being retired for six months, I can tell you what it means to me. It means I don’t get anxious when I go to bed on Sunday night. It means that my most important meetings of the day are with my wife and kids. It means I prioritize…
Hustle Culture Represents the Erosion of the Family Unit: Build Passive Income as a Family
I’ve been watching lots of TikTok videos of people working multiple jobs due to inflation and high cost-of-living requirements. Sadly, working 40 hours at one job doesn’t provide enough income to support a person or family. However, there is still hope for the American Dream; it will just look different than you envision. Letting go…
Retirement vs. Financial Freedom: One is Financial; The Other is Spiritual
No one wants to work forever. As much as we love our careers initially, doing something for 30 to 40 years can tax our nervous systems. The idea of having multiple years in retirement is a relatively new concept. Before, people would work until they died. Once we moved into the city and began having…
