I thought I’d jump straight to the point of this blog: reaching financial independence. But what does that really mean? Financial independence is when you no longer need to work because you’ve generated enough passive income to support your lifestyle. Wait, what? Yes, it means you have enough money coming …
Nestled Abode in Guatemala: Weeks 16-17 Reflections
This week I’m hitting the four-month mark here in Guatemala. Since catching the travel bug back in 2003, I haven’t spent many consecutive months in one country. After a round-the-world trip that ended in 2004, I lived in Guatemala from 2004 to 2006 but was always on the move, exploring …
THE FINAL SHOWDOWN: DAMAGES AND THE RACE FOR SURVIVAL
Yesterday marked the series finale of “Damages,” a show I’ve been following and really enjoyed for its well-crafted, fast-paced, and thrilling plots. The story revolves around a young woman fresh out of college who lands a job at a prestigious law firm, trying to survive under her tough boss, brilliantly …
13 Financial Resolutions for 2013: Strategy #7 – Increase Your Income!
This post is part of a series on 13 money resolutions for 2013. If you’re serious about tackling your debt, you’ll need more money. You can only save so much by cutting back on spending and negotiating bills. In my case, after reducing waste and cutting down on non-essentials, I …
7 Effective Strategies to Generate Income Amidst the Coronavirus Crisis and Future Economic Downturns
Greg here, and with over 25 years of experience as a money coach, author, speaker, securities litigation expert witness, and financial planner, I’m dedicated to helping you retire with confidence and peace of mind. Beyond my professional credentials (CFP®, CLU®, AIF®, AAMS®), I’m also a certified fiduciary financial planner. When …
Crafting Your 2014 Financial Blueprint
Good morning! At Make Money Your Way, I’ve put together some tips on how to make money with New Year’s resolutions. Here are my financial goals for 2014! ### Increase Net Worth by 30% Last year, I didn’t hit this target, but I’m hopeful and setting it again for 2014. …
Crafting a Compulsory Financial Safety Net
Good morning! Looking for something new and fun to listen to today? OG and Average Joe have just kicked off a new podcast called Stacking Benjamins. For their first episode, they’ve got Shannon from The Heavy Purse talking about how to raise financially smart kids. You can find it on …
A Fresh Commitment: Dedicating 10% of Blog Earnings to Educational Initiatives
Good morning! If you’ve been keeping up with my blog income reports on Make Money Your Way, you probably know that since launching my second website in July 2013, I’ve committed 10% of my blogging income to provide scholarships for young students in my village. Initially, the plan was to …
My Journey to Becoming a Landlady
I’ve always had this idea of being financially independent since I started working and realized that a typical 9 to 5 job wasn’t for me. When I considered ways to create passive income, real estate always came to mind. Back when the economy was stable, with no crises or bubbles, …
THE JOURNEY THAT LED ME TO EMBRACE FULL-TIME HOTEL LIVING
I used to live just a block away from Central Park in Manhattan. This morning, I want to share a story from mochimac, a personal finance blogger at “Save. Spend. Splurge.” mochimac managed to pay off $60,000 of debt in 18 months and now lives in a hotel full-time, working …