Achieve Financial Freedom. Faster.
The corner office. What ambitious newly-minted college graduate wouldn’t want to aim for the corner office? I didn’t. That was far from my goal when I graduated from college over 20 years ago. All I wanted to do was work my tail off in my 20s and 30s so that I don’t have to work … Read more
What are the top New Year’s Resolutions for Americans in 2023? According to Statista Global Consumer Survey, to live a healthier life is the top of mind for Americans making New Year’s Resolutions in 2023. Excise more, eat healthier, and lose weight are the top 3 most common New Year’s resolutions. Physical and mental health … Read more
Managing one’s assets isn’t always easy. The more assets you have the more time is needed to care for those assets. Over time, that can start to feel like quite a chore. I know it is absolutely necessary to be on top of managing one’s assets but it doesn’t mean it won’t get tiring. There … Read more
I strive hard for financial independence (FI). This is probably typical of a lot of personal finance bloggers out there. In order to reach FI, I need to have my passive income be at least as great as my household expenses. That passive income needs to be net cash on an after-tax basis. The after-tax … Read more
I went through my usual weekly perusal of personal finance blogs when I came across a post written by Backpack Finance about what he perceives to the downside of having a side hustle. He presents reasons why he thinks focusing on only one thing such as your career can produce a better financial outcome in … Read more
Andrew Carnegie, who became the richest American back in 1901 when he sold his company US Steel, said “90% of all millionaires become so through owning real estate.” Now I didn’t fact check his quote but I agree with his sentiment around real estate. Anyone following this blog knows that I am a big fan … Read more
Wow, I can’t believe another year has passed. As I’ve gotten older, time moves a lot quicker. 2019 has been a great year financially speaking, especially in the US. The S&P 500 returned 31.5% including dividends. All the major US stock indices reached record highs in 2019 including the Dow Jones, Nasdaq, and the aforementioned … Read more
Followers of this blog know that I’m really into real estate investments. There are just so many advantages to owning real estate. That is why I believe real estate should be a cornerstone of your investment portfolio because it most certainly is in mine. Some of the advantages include the ability to use leverage (in … Read more
By now, it’s no secret I believe real estate should be the cornerstone of your investment portfolio. There are many benefits to owning rental properties. Those benefits include the ability to use leverage to enhance your return, a steady stream of cash flows in the form of rental payments, the ability to acquire real estate … Read more
“… in this world nothing can be said to be certain, except death and taxes.” – an excerpt from Benjamin Franklin in a letter he wrote back in 1789. Income taxes might very well be your number one largest expense. You might face income tax at the federal level, at the state level and at the local … Read more