I’ll admit, when I first started this site, I didn’t know much about passive real estate investing. My primary focus for readers was to utilize the methods I’ve used in the past to dump debt and start learning the basics of investing. That’s it. Dr. David Graham (FI Physician) and I were recently talking about this same subject and initially
» Read more
The Richest Man In Babylon Summary If you’re reading this post, then it’s safe to say you want to improve your financial life. There’s also a good chance that you’ like to read. People that don’t read much (but want to) usually blame their busy lifestyle yet the smartest and wealthiest people have linked much of their success with their
» Read more
Do you have a fear of spending money? My wife and I have lived in the same house for over 15 years. It’s been the only one we’ve ever lived in and we’ve made lots of great memories raising our two boys there. A few months ago she decided that the time had come to have the talk… the “house”
» Read more
We hear the words “frugal” and “cheap” tossed around interchangeably quite often. Growing up, I thought they both meant the same thing. Now I know better. There’s definitely a difference in someone that is frugal vs cheap. If I had a choice, I’d rather be around someone that’s frugal and avoid the cheapskates all together. Let’s take a look at
» Read more
Most doctors and other high income professionals typically want to do two things financially to help their families: Pay less taxes and teach their kids about money. One way that they can accomplish both is by employing children at their businesses/practices (consult your CPA for rules before doing so). By doing this, they’re able to lower the payroll tax +
» Read more
How to Retire Early In 4 Easy Steps [Editor’s Note: Today’s post is a Guest Article from Cashflow. He’s a police officer dedicated to blog about Financial Independence (FI) and retiring early. His goal is to reach FI by the age of 40.] Ignore all of the noise and fancy words like tax-loss harvesting and geo-arbitrage. They can be off-putting
» Read more
I’ve been a David Bach fan for sometime now and became inspired to pursue financial freedom shortly after reading The Automatic Millionaire many years ago. He’s also written other bestsellers such as: Smart Women Finish Rich, Start Late Finish Rich, and Smart Couples Finish Rich. So when I recently heard that he’d written a new book, The Latte Factor, I
» Read more
Bible Verses About Contentment That Can Make You Rich Growing up, we never wanted for much even though compared to some of my friends, it seemed like we were lacking in the finance department. It wasn’t until junior high and freshman year of high school that I began to realize that many of the people I associated with had some
» Read more
How to Avoid “Failure to Launch” into Financial Adulthood [Editor’s Note: Today’s article is a guest post from Brian over at Debt Discipline] Have you heard the phrase “Failure to Launch” before? There was a $100 million-grossing movie, starring Matthew McConaughey and Sarah Jessica Parker of the same name. If you’re a parent, you might be thinking about how it
» Read more
You Are Broke Because You Root For The Underdog (S.W.A.T review) [Editor’s Note: Today’s post is from Ryan who’s a full time police officer and personal finance blogger. Check out his blog over at ArrestYourDebt.com] You’re broke because you root for the underdog? That’s quite a powerful assumption to make but it may actually be true. That statement serves two
» Read more