What is financial independence?

If you're into personal finance you've probably heard the term "financially independent," but what does that even mean? Financial independence is the ability to live off the income of your own personal resources. Those personal resources could be stocks, bonds, real estates, businesses, annuities, royalties, or any other investments. Being financially independent (abbreviated as FI) … Continue reading What is financial independence?

I’ll be happy when…

How many times have you fallen into the trap of thinking, "I'll be happy when..."? I'll be happy when I... graduate, get a raise, make 6-figures, get married, have a perfect marriage, get in shape, have $X in my bank account, have a nicer house, drive a nicer car, don't have to work as many hours, get a better job, get my house paid off, finish this week/month/year, have a net worth of $X, get more vacation, or retire.

Where to invest your money

People are always wondering, "where should I invest my money first?" You have 401K's, Traditional IRA's, Roth IRA's, Brokerage Accounts, Debt payoff, Student Loans, Mortgages, Hedge Funds, Crowd-Sourced Investing, hard money lending, Real Estate, Treasuries, Savings Accounts, Businesses, cryptos, and I'm sure I'm still missing some. If you ask 100 different people, you'll probably get … Continue reading Where to invest your money