Category: Personal Finance
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87 Robert Kiyosaki Quotes About Wealth & Success
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 7 Dave Ramsey Baby Steps Explained
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
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 – How To Get Rich
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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I Can’t Do It Anymore: 3 Reasons Doctors Hate Their Job
I Can’t Do It Anymore: 3 Reasons Doctors Hate Their Job For the non-medical professional, hearing a doctor say, “I hate being a doctor” on a daily basis would be like Michael Jordan back in the day saying, “I hate being an NBA player.” It doesn’t make sense, right? Unfortunately, it’s hard to put ourselves…
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Family Wealth – 3 Things To Pass On Besides Money
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
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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Financial Freedom – Can Doctors REALLY Achieve It?
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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37 Motivational Financial Freedom Quotes
37 Motivational Financial Freedom Quotes Financial freedom is a term that gets tossed around quite a bit in the personal finance space. It can mean different things to different people. High income earners many times feel that becoming financially free is not possible as their income is too high to replace. The two main definitions…
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Scarcity Mindset: How It Can Impact Your Kids
Scarcity Mindset: How It Can Impact Your Kids What’s holding you back from growing wealth and passive income? Could it be something inside your head? Is it negative, fearful thoughts focused on what you don’t have? This certainly could be the case whether or not you realize it. Unfortunately, many of the preconceived notions we…
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Are Doctors Rich As The Public Thinks?
Are Doctors Rich As The Public Thinks? It seems as if the general public tend to assume that certain professionals are always well off. [You know what happens when you ASS-UME, right? :)] This could be anything from an attorney, doctor or engineer. But when a group of doctors were polled and asked, “Are doctors…
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5 Steps: How To Become a Millionaire In Your 40’s
5 Steps: How To Become a Millionaire In Your 40’s Want to be a millionaire? Most doctors and other high-income earners should have an easier time to obtain millionaire status versus the average person. But they face two major hurdles: #1 Late start #2 High debt Depending on your profession, you may not start earning…
