Eric from Simple Life Abroad is a fellow Guatemalan expat who’s always diving into new side hustles. If you’re interested in guest posting on RFI, just let me know. ### Customized Furniture Mini Case-Study When I’m looking for side hustles, I consider a few key things: – Does it require …
STEP 8: STREAMLINE YOUR FINANCIAL MANAGEMENT THROUGH AUTOMATION
This post is part of a series called the 30 Steps Program to Financial Independence. **STEP 8: AUTOMATE YOUR FINANCES** To achieve financial independence, you’ll need significant savings and smart investments to generate passive income over the years. However, saving has to be consistent and regular. You can’t save $20 …
THE CRUCIAL SEMESTER: UNDERSTANDING THE SIGNIFICANCE OF FINANCIAL LITERACY FOR STUDENTS
Good morning! Today, we’re participating in a financial literacy roundup organized by Shannon from The Heavy Purse. The theme is about realizing how important money is for living a good life. To me, understanding finances early on is crucial to avoid costly mistakes for the rest of your life. As …
SELF-MADE MILLIONAIRES OFFER 3 STRATEGIES FOR ACHIEVING FINANCIAL PROSPERITY
Chris Alarcon’s journey toward financial independence led him to create the Financially Well Off blog, where he interviews successful entrepreneurs like JLD from EOFire and Raegan Moya-Jones from Aden & Anais. If you’re in need of motivation to build wealth and adopt successful habits, you can find inspiration on Financially …
How Your Freedom Was Gradually Eroded, One Consumer Product at a Time
### Making the Most of DIY Days A lot of my friends see my lifestyle filled with travel, leisure, plenty of free time, and no regular job, and they can’t help but wonder: How am I living on a tropical beach without a job for over four years, while they’re …
STEP 30: SAVOUR THE MOMENT!
This article is part of a 30-day series called the 30 Steps Program to Financial Independence. We all have dreams about a life where money isn’t a concern, or where we don’t have to work at all. What would your dream life look like? Would you fish all day, spend …
JASON’S JOURNEY TO ACHIEVING FINANCIAL FREEDOM
On May 10th, 2008, I experienced one of the best days of my life—I graduated from college. After 5.5 long years, I finally completed my degree and was brimming with excitement. I assumed a $50K per year job was just around the corner, but reality hit hard when it took …
STEP 25: PAYING IT FORWARD
This post is part of a 30-day series called the 30 Steps Program to Financial Independence. Giving back is something I’m still trying to master. In Europe, people donate much less to charity compared to the US. We usually give a small amount to big NGOs and feel awkward when …
How Would You Make the Most of a $200,000 Windfall?
Recently, I sold an investment, and with another one maturing, plus some insurance money from a past investment and decent income from online gigs, I suddenly have quite a bit of cash—$200,000 to be exact. Now, I’m figuring out what to do with it. No, I’m not wasting it on …
Navigating the Peaks and Valleys of Modern Financial Technology
2020 was a tough year financially for many people. At the peak of the pandemic, a survey by the National Endowment for Financial Education revealed that nearly nine out of ten Americans were stressed about their personal finances due to COVID-19. Because of this financial strain and the need for …