How Replace Your Salary With Alternative Investments & Retire Early The vast majority of workers are told to contribute to their 401K and IRA for 40 years. Then you will be able to retire. The people that teach (and sell) this method usually rely on some outdated and very flawed data to present this case. … More How To Retire In Three Years
The Concept of ESBI by Mr Kiyosaki In his book Rich Dad, Poor Dad, Kiyosaki explained a key concept of ESBI. As we can see in the above picture, the various characteristics of people in each quadrant. Let’s discuss about the people in each quadrant, and figure out in which quadrant we find ourselves and … More How Cash Flows
What often causes people to not invest money is the perception that you need a lot of money just to get started. That’s actually not true. Even if you don’t have much money, there are still places that you can invest with very little. This is important because the first obstacle to investing at all … More You Don’t Need Much Money To Still Invest Into Yourself
Why You’ll Never Start an Emergency Fund Emergency funds are like New Year’s resolutions, everyone likes the idea of having them but not enough people actually put in the time and effort to see it through. If starting an emergency fund is something you want to do but have been putting off, I can’t really say I … More Importance of a Emergency Fund?
Money Ignorance or Money Avoidance? We love our freedom. Our country was built on it, both sides of the political aisle argue over where individual freedoms start and where they end, and we are conditioned to think that we would lose our individualistic essence if we were ever to lose our freedom. Living as we … More Why we struggle to manage our finances.
When it comes to considering life insurance as an investment, you’ve probably heard the adage, “Buy term and invest the difference.” This advice is based on the idea that term life insurance is the best choice for most individuals because it is the least expensive type of life insurance and leaves money free for other investments. Permanent life insurance, … More Is Life Insurance a Smart Investment?
The challenge with these schemes was that I had to get out and find people who wanted to buy the product. Assurances were great that if I only got out and went door to door, I would have that heart’s desire reward in no time flat. Even then, I had enough innate marketing sense to … More Travel Industry must reject multilevel marketers