Blog Posts

How Much Money Do I Need to be Rich?

April 24, 2016 By Ty Roberts 16 Comments

Most Americans define ‘rich’ as anyone that makes more money than they do. I define it like this:

Rich
/ˌriCH/
adjective

The point at which your investments generate enough income to cover your expenses; working for a paycheck is optional.
- “She can do whatever she’d like with her time because her expenses are covered by a portion of the money her portfolio generates; working for a paycheck is now optional.”
- Synonyms: financially independent, FIRE, wealthy
- See also, F**k you money

[Read more…] about How Much Money Do I Need to be Rich?

How to Build a Money Making Machine That Will Pay For Your Early Retirement

April 22, 2016 By Ty Roberts 13 Comments

Generally speaking, wealthy people get and stay rich because they make smart decisions with their money. They create a money making machine by purchasing assets, not liabilities. An asset makes you money, a liability costs you money. Successful people buy assets like real estate, fine art, and businesses. But what if you are not good at business?

Crap! Tomorrow is Monday and I Hate Monday!

March 21, 2016 By Ty Roberts Leave a Comment

Unlike nobody, I don’t like being told what to do. Who does? Maybe that’s why I hate Monday so much. The thought of going to work for someone else and ultimately being at their mercy rubs me wrong.

Lose Weight and Save Money Riding The Bus

January 18, 2016 By Ty Roberts 2 Comments

A few months ago my old van finally bit the dust. I’d paid cash for it several years earlier and the van had been a reliable and a fairly efficient form of transportation, as far as cars go. But as the miles added up, so did the maintenance and repairs till it go to the point where I couldn’t justify putting more money into keeping the van on the road. Losing my second car was the perfect excuse to give public transportation a try.