Blog
-
The HSA Triple Tax Advantage – What You Should Know
The HSA Triple Tax Advantage For those that are striving towards FIRE (Financial Independence, Retire Early), one question that has to be addressed is: How to pay for healthcare? Baby Boomers don’t have to worry too much (hopefully) with Medicare still in place. But what about the younger generation and FIRE members? I realize that…
-
The #1 Secret To Create Wealth In Real Estate – Multi-Family Apartments
The #1 Secret To Create Wealth In Real Estate – Multi-Family Apartments [Editor’s Note: The following article is from Jeff Wiener. He blogs over at The Kick Ass Entrepreneur which focuses on helping entrepreneurs expand their business, improve profits, and create wealth. Jeff ran his business for 26-years, sold to private equity for 8-figures in…
-
3 Ways To Make Money With Passive Real Estate Investing
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…
-
The Richest Man In Babylon Summary – 7 Wealth Lessons
The Richest Man In Babylon Book Summary If you’re reading this article, then it’s safe to say you’re interested in: building of wealth financial advice saving money wanting financial success 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 rich…
-
3 Steps To Get Rid Of The Fear Of Spending Money
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…
-
Frugal vs Cheap – Which One Is Best?
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.…
-
How To Transfer UTMA Accounts To Children To Pay Less Taxes
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…
-
How to Retire Early – The Ultimate Beginner’s Guide To FI
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…
-
The Latte Factor – 7 Lessons From A Barista
I’ve been a fan of author 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 Smart Couples Finish Rich So when I recently heard that he’d written…
-
5 Bible Verses About Contentment That Can Make You Rich
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…
-
8 Ways Young Adults Can Avoid “Failure to Launch”
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…
-
You Are Broke Because You Root For The Underdog (S.W.A.T review)
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…
