Achieve Financial Freedom. Faster.
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
It shouldn’t surprise anyone that my money beliefs have evolved since I was younger. Many things tend to change as one acquires more experience and accumulates more wisdom. The way I view money isn’t exempted from such changes. Not only have my views about money changed throughout the years, they have also changed because of … Read more
I have a passion for personal finance. My belief is that passion developed early on in my childhood. I grew up in a financially poor household. Despite having a very happy and content childhood, I also witnessed firsthand how challenging life can be without money. That set me on the course to want to do … Read more
I have a confession to make. I have an obsession, maybe even borderline addiction. It isn’t necessarily an addiction of vice; although I’m sure some people can view it that way. I think about my addiction constantly – day and night. I don’t keep track of the number of times I think about it during … Read more
Anyone who follows this blog knows I am a big fan of real estate, especially direct holdings of residential rental properties. This world is constantly changing. But no matter how much the world changes, I can’t see people not finding a place to call home. We will always need a roof over our heads, a … Read more
I am a big believer that saving is one key component to building wealth. After all, saving is part of a simple wealth equation of Earn + Save + Invest = Wealth. I’ve been a saver all my life. It probably has to do with growing in a financially poor household. My parents worked very … Read more
I’m not sure if I’ve ever explained why I chose the name of Sport of Money for my blog on personal finance. I thought there were a lot of similarities between being successful in sports and in personal finance. I also thought there would be great lessons we can learn from sports that we can … Read more
Even in college, I knew I wanted to be financially independent one day and quit the corporate rat race. I never felt that my personality was a great fit for the corporate environment. Sure, I work hard at my job. I’ve worked hard since my days harking back to grade school. But I am an … 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