This post is part of a series called the “30 Steps Program to Financial Independence.” Yesterday, we discussed how to prioritize your spending. The idea is to allocate a larger portion of your income to things that are important to you and cut back on secondary or unnecessary expenses. For …
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Two Inspiring Projects Paving the Way for Global Improvement
Yesterday, I was talking about random acts of kindness and their power to make a real difference in the world. Today, I’m excited to share two incredible examples that I came across online. The first example happened at the World Domination Summit (WDS) in Portland. Despite its name, WDS isn’t …
Rediscovered Identities: A Comparative Analysis of Canada and the UK
Good morning everyone! Today, we have a delightful guest post from Mr. CBB, the voice behind Canadian Budget Binder. He emphasizes that saving money is just as important as making it. Mr. CBB shares a variety of tips on budgeting, living frugally, relationships, recipes, parenting, personal finance, and more with …
8 Essential Actions in Your 30s to Achieve Millionaire Status by 40
You’re in your 30s, you’ve got a good job, and things are going well, but you’ve always dreamed of becoming a millionaire by the time you turn 40. So, how do you reach that seven-figure mark? Here are a few steps to guide you: 1. **Reevaluate Your Income and Take …
Charting My Journey to Financial Freedom with Mobile Home Investments
Over a decade ago, after reading “Rich Dad, Poor Dad” by Robert Kiyosaki, I decided to become a full-time real estate investor. The book taught me the importance of passive income for financial independence, and I chose real estate as my path. My plan was to generate enough cash to …
STEP 9: STREAMLINE YOUR BELONGINGS
This is part of a 30-day series called the 30 Steps Program to Financial Independence. **Step 9: Minimize Your Stuff** You might be wondering how your belongings affect your journey to financial independence. It actually plays a significant role. Previously, I mentioned the importance of saving for your financial goals. …
Harnessing the Potential of an Emergency Fund
Good morning everyone! I want to talk about something really important today—emergency funds. If you’re trying to get out of debt or just want to be better prepared for unexpected expenses, an emergency fund is essential. Let’s dive into why this is so important and how to set one up. …
Crafting Personalized Furniture: A Journey for Enjoyment and Earnings
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 …