Do you know how much you need to live on during retirement? If so, then how can you be sure you’re putting away enough each year to reach that goal? These are important questions to ask during your working years. Thankfully, free calculators like cFIREsim were created for that purpose. Since my early days as a night teller in our bank’s drive up, I’ve tinkered
The Cashflow Quadrant could make you a millionaire. But how do you turn a formula on a page into dollars in the bank? We’ll explore that in today’s article. The information in Robert T. Kiyosaki’s book, “Rich Dad’s Cashflow Quadrant” is a follow-up to his best-seller, “Rich Dad, Poor Dad.” Kiyosaki used this formula in his own life, enabling him to become so wealthy that
We all learn differently. Some learn best through the visual world; some thrive on a spoken word. Then there are others who enjoy parables or fables that weave a life lesson into a tapestry of story. Since you are kind enough to grace this blog post with your presence today, I have a hunch that you read books, too. I also have a hunch
Personal finances really come down to a simple set of principles. However, all of the conflicting information can make your head want to explode. One person says the road to wealth is buying real estate. The next person says real estate is the worst investment you’ll ever make. Another source tells you that traveling is a huge waste of money. But wait……..that other persons says
There’s a new personal finance book floating around – The One-Page Financial Plan: A Simple Way to Be Smart About Your Money. While I actually haven’t read this book I like the concept the title suggests: keep your financial plan to one page! I was able to very easily come up with my own one page financial plan which consists of just two big goals!
It’s hard to believe but my 20s are almost over. That’s right, I’ll be 30 next year. Financially speaking, there’s a lot that I did right in my twenties but there are also some things I wish I would have done better. I’m definitely grateful for where I am I but if I could’ve done it all over again here’s how I would set myself
As I think back over my last couple of years it’s pretty incredible how far I’ve come. I remember in my early twenties working a low paying office job and thinking that I’d never earn more than $2,000 a month. Where I live there really are no high paying jobs. As far as flexibility and pay, I was doing okay compared to others in my
I read a new book over the weekend and it was seriously one of the best books I have ever read. (6 Figures in 6 Months by Peter Voogd, in case you were wondering.) Some of the principles in the book I had already incorporated in my life while the others I need to work on. There was one thing that stood out to me
Working for yourself has a lot of pros, but it’s not all rainbows and sunshine like many people make it out to be. The fact is when you’re self-employed you’ve got to put some serious (unpaid) hours in the beginning just to make a name for yourself. After that you’ve got to learn how to manage clients, set your rates, and find ample time to
The year is quickly coming to a close. Before you know it we’ll be entering 2015 and you’ll be setting New Year’s resolutions. To ensure that you make 2015 as successful as possible, you should first make sure that all of your finances from this year are in order. Here are four end of the year check-ups you should perform. Debt Assessment It’s extremely important
