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 …
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. …
11 Self-Made Millionaires Reveal Their Best Advice to Future Wealth Builders
### How to Become a Millionaire: Expert Tips from Successful Personal Finance Bloggers **Invest in Your Career** Think of your career as a multi-million-dollar asset that will grow immensely if you invest time into it. How? Read, learn, and study what makes others successful in your field, and emulate those …
A Cozy Abode in Guatemala: A Tale from Two Years Past
I can’t believe it’s been two years since I arrived in Guatemala with just one suitcase, ready to start a new life in the remote Northern region of Petén. My now ex-boyfriend and I had bought a house there that I’d only ever seen in pictures. Here’s a quick recap …
Reflections on Financial Achievements and Milestones of 2014
Happy New Year! I hope everyone had a great break and that 2015 brings you joy, laughter, good health, and prosperity. Over the past few days, I’ve been reviewing my goals and crunching numbers, so here’s a recap of how I did in 2014. ### Increase Net Worth by 30% …
Considering Chickens as a Profitable Venture
### Happy Monday! Let’s dive into the numbers when it comes to raising chickens. We’ve had our hens for four months now, though it’s still early to predict how well the next generation will do. Here’s a breakdown of what we know so far, and we’ll probably have an update …
Insights from Four Women on Four Distinct Income Levels: A Glimpse into Their Financial Realities
There’s an interesting series on Esquire that interviews people at different income levels. After focusing on men, they have now spoken to four women who earn $1,000,000, $350,000, $80,000 per year, and $650 per week (just above the poverty line). Here’s what caught my attention: $1,000,000 Per Year Woman, 34 …
Mastering the Fundamentals of the Thrift Savings Plan
Hey there! Today, we have a guest post from Marvin, who runs the websites Brick by Brick Investing and TSP Investing. He’ll be discussing the fundamentals of the Thrift Savings Plan. Meanwhile, over at Savvy Scot, I’ll be sharing thoughts on the importance of helping others and practicing gratitude.
EFFECTIVE RETIREMENT SAVINGS WITH THE THRIFT SAVINGS PLAN
**Saving for Retirement with the Thrift Savings Plan for U.S. Government Employees** When it’s time to think about retirement, there are many paths you can take. If you work for a private company, you probably have access to a 401(k). However, if you’re a government employee, there’s another great option …
MASTERING YOUR FINANCIAL FUTURE
Today, I’ve teamed up with Shannon from The Heavy Purse and some amazing bloggers to talk about getting serious about your finances. You can find the other posts on The Heavy Purse site. A lot of us tend to ignore our financial reality. Maybe this means you know you need …