With the horrific spread of COVID-19, we are all practicing (or should be practicing) social distancing in an effort to slow down, and eventually stop, infections and exposure. It's a difficult time for all of us, some more than others, as the world attempts to come together and combat this virus. While we're in solitude, … Continue reading Use Your Time Wisely
Focus on income, not just expenses
Many people will try to get a better handle on their finances through budgeting. Makes sense, right? They essentially look at each paycheck and determine where that money will go and how it will be spent. Those more prudent with their finances will prioritize investing, be it in stocks, real estate, or any other asset … Continue reading Focus on income, not just expenses
Managing Cash Flow
One of the toughest obstacles to a better financial future is our ability to manage our cash flow. Mastering this skill takes time, effort and education, but it is an essential skill if the goal is financial freedom, or at least a better financial standing. Many of us have heard a saying along the lines … Continue reading Managing Cash Flow
Small Steps, Big Rewards
Anyone who has the goal of financial freedom in mind knows the joy and excitement that just thinking about it can bring. Having more than enough passive income and investments to live comfortably and do as you wish with your life, be it traveling, hobbies, or working a dream job that doesn't necessarily pay well, … Continue reading Small Steps, Big Rewards
What’s your next move?
Many of us want to gain financial freedom, or at least get a better handle on our personal finances, but don't know where to start. So what is it that we can do? The best thing we can begin to do is to take action toward our goals, whether it be as large as purchasing … Continue reading What’s your next move?
Working Toward Passive Income
Imagine you were able to earn the same paycheck you do now, or even more, without having to go to a job everyday. Its hard to, right? This is something that many of us in the FIRE movement dream of, yet it seems so difficult to make a reality. Contrary to the title, earning passive … Continue reading Working Toward Passive Income
Thinking as an investor
How do we think of income and cash flow? Are we leveraging our time and money to create more wealth and cash flow for ourselves? If so, we're thinking like investors. For most of us, our main source of income this through our full time jobs. While it is stable and likely necessary in the … Continue reading Thinking as an investor
