Category: Personal Finance

After I had a job offer joining a periodontal group practice fall through two weeks before graduating, I shifted from an abundance mindset to one of scarcity. Even though I had close to $300K in student loan debt, the thought of starting out with a good income kept me thinking with an abundance mindset until

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Think about where you are right now. If you’re a doctor or other high-income earner then more than likely you’re in the position you’re in because of personal habits. While friends were out partying in college; you chose to study instead.  In college, I got into the habit of studying a minimum of 3-4 days

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I first heard the term, “prodigious accumulators of wealth” in 1996 while reading one of the most popular finance books ever written by Dr. Thomas Stanley, The Millionaire Next Door.  If you haven’t read it then head over to Amazon and get it now.   Even though some of the statistics might be outdated, the

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You’ve probably heard about the importance of time value of money. But do you know what it really means? One of the first people to coin the phrase “Time is money” was Benjamin Franklin in his book, “Advice to a Young Tradesman, Written by an Old One”. The original quote was: “Remember that Time is

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87 Robert Kiyosaki Quotes About Wealth & Success One of the most popular financial books ever written has inspired millions to pursue passive income via real estate investing. It’s also been responsible for changing the way investors think about wealth and success.  Robert Kiyosaki’s Rich Dad Poor Dad is that book with over 40 million

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The Dave Ramsey Baby Steps Explained If you enjoy reading and learning about personal finance, then it’s safe to say you’ve probably heard the name Dave Ramsey. Since the 90s, Dave Ramsey’s Baby Steps has helped millions of people get out of debt and start them down the path to achieving financial freedom. No matter

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What To Do With 10 Million Dollars If It Fell In Your Lap There’s a Louisiana Lottery and Powerball electronic sign in between our house and church. Every Sunday morning after we leave church, my 16-year-old and I play a game. As we pass the sign, I ask him, “What would you do if you

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Living Below Your Means vs Expanding Your Means It wasn’t until recently that I heard a podcast host mention that instead of focusing on living below your means, we should instead EXPAND them.  The majority of finance articles focused on financial independence (FI) mentions that living below your means is the first step. This principle

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Family Wealth – 3 Things To Pass On Besides Money As I get older, it seems that my interests and priorities continue to change. I’m a Generation X’er which is defined as someone born between 1965 – 1979. In the U.S. we are 80+ million strong! So when I recently read about how over the

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The 3 Levels of Wealth From a Billionaire’s Perspective I’ve been a member of several online groups for real estate investors in the past. The majority have used a messaging tool called Slack for internal communication among members. Last year, during the pandemic shutdown across the United States, Slack allowed companies the best way to

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What’s Your Financial Freedom Definition? It seems like everybody is striving for “financial freedom” these days even though they’re not quite sure what it means. Literally every article I read or podcast I listen to has some mention of it. Let me ask you a question… What’s your financial freedom definition? If you answered, “It’s

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