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From Guy on FIRE … Having a clear focus and taking action in life is a must if you want to be successful. Often, people lack a clear focus on what they want. Some focus on too many things. Others simply don’t take action. Being successful in real estate, business, fitness, or any other goal will require […]
I’ve had an epiphany of sorts. Rather than a flash of inspiration, or a sudden strike of brilliance, this has been more like a light bulb dimmer switch slowly being pushed up, gradually providing more and more illumination. I’ve come to realize that my drive reach financial independence and retire early isn’t really about financial […]
From Mystery Money Man … Make 2019 the year you get out of debt, save more money, and increase your income. 35 Kick-Ass Ways To Improve Your Finances this year. 35 Kick-Ass ways to improve your finances in 2019 – Mystery Money Man Related
Back when we were still career-focused homeowners we really struggled with the sunk cost fallacy. There were many things we bought or spent money on that we had trouble letting go of, even when it was obvious that we were wasting money by keeping them. In all cases, holding onto these so called investments that […]
From Your Average Dough… “Jobs are becoming less and less traditional nowadays. With more self-employment, jobs based solely on social media and websites and various other jobs like bartending, coaching, tutoring, etc., there’s a good chance no one is sponsoring a retirement plan for you. But just because no one is sponsoring a retirement plan […]
From Financial Peacock … Attaining smaller goals is motivation to keep going towards a larger goal. When setting goals, don’t try to boil the ocean, start with a tea-cup. Instead of setting a goal of becoming a millionaire, create a financial bucket list that includes smaller goals that help you become a millionaire. Goals aren’t […]
There’s a question that gets thrown around in the FIRE community: is achieving financial independence and early retirement possible for everyone? And I keep getting surprised that the correct answer is hardly ever uttered. I’m not sure I’ve heard it more than once. Which is crazy. It’s such a softball question. 40 Thousand to Freedom […]
From Dave at Married With Money … “I’m addicted to coffee. Like, seriously have some bad caffeine withdrawals if I don’t have my daily cup or two or three. It’s painful. But while drinking my coffee this morning, I thought about the similarities between my iced coffee and our investment portfolio. I’m a big fan of […]
From Canadian Budget Binder … One of the tougher budgets to work with is the budget that doesn’t earn enough money to balance itself out. It can be done let me show you how. Over the years I’ve had my fair share of emails from readers about budgeting but one of the tougher budgets to […]
From My Mattress Money … A single dollar can actually have multiple uses. One dollar simultaneously earning in two places, is a standard rule of practice by the wealthy called leverage. The wealthy understand that the velocity in which their money grows has far greater potential when it is leveraged. Leverage, in the finance world, […]