If you want to achieve financial independence, it's essential that you understand the different ways to earn money. I first learned about this concept years ago when I read Robert Kiyosaki's book called The Cash Flow Quadrant. That book helped me to better understand what types of income I needed to pursue if I wanted to be … Continue reading Multiply your income using the Cashflow Quadrant
Not too long ago, I was discussing with my coworkers our company's best perk-- the 8-week maternity/paternity leave. While we were raving about how amazing it is to have an extended time away from work (my two co-workers are mothers and had used this policy) it made me wonder "would the company be okay with … Continue reading Are you unconsiously building your own prison?
If you read blogs or listen to podcasts related to personal finance then you will have heard the term "side-hustle" more times than you can count. Many people have the goal of creating side income, but how much is it really worth? Most of the people reading this are likely traditionally employed, trading time for … Continue reading How much is a side-hustle really worth?
By a show of hands, how many people think that personal finance and investing is complicated? Most people have never been formally taught about personal finance or investing, and that's exactly how Wall Street likes it. Lucky for all of you, it's actually much simpler than you think. There are all types of things you … Continue reading How to invest your money
When you think about investments that will make you solid returns I doubt the first thing that comes to mind is purchasing a mobile home. I'll be honest, two months ago, I would have thought the exact same thing, so why have I changed my tune?
I'm primarily an index fund investor, but I think that investing should also be fun. I personally have a "sandbox" account that I use to invest in individual stocks. Assuming you are investing enough in broadly diversified funds, maybe you'd be interested in trying out some other forms of investing (it's usually recommended to use … Continue reading Options Trading (Where to Start?)
When my wife and I first got married we decided to go on a cruise for our honeymoon. My wife spent hours doing research on the best way to get to the cruise port at the absolute lowest cost possible. She decided to take the bus from the airport to the cruise port because it … Continue reading Why I don’t have an FI number
How many times in your life have you ever thought to yourself, "this isn't a big deal, this [insert purchase] only represents [insert number of hours] of my life." The most common example I can recall is going out to eat. Let's say you want to go all out and get that $50 steak, and … Continue reading What is your true hourly rate