If you’ve read my ebook, The Financial Freedom Formula, you know that I’m a big fan of mantras. Mantras are just short sayings and quotes that I’ve memorized, that distill a larger idea about wealth into something that I can easily carry and repeat. Mantras help me keep rock-solid ideas about money front and center […]
Halloween just passed and it was once again a time for goblins and ghosts to scare us. But there’s something that can be even more scarier out there than skulls and witches… it’s entrenched (but wrong) beliefs about success. Our beliefs about our own abilities both fuel and predict our success. In other words, if […]
A couple of years ago, the State of Illinois was on the verge of becoming the first state ever to have their credit rated as “junk”. This situation was the result of the state spending more than they could afford and then trying to masquerade it with clever budgeting tricks. After decades of mismanagement and […]
Many think that they’re destined to struggle financially forever. They’re no stranger to reading about how to become wealthy, but getting there seems impossible. And I’m here to tell you… Becoming financially free takes work. Let me be clear. If you don’t have a reason to do it, a purpose, you won’t do it. I […]
Grace Kelly famously said that “getting angry never solved anything”. I couldn’t disagree more. While an obnoxious temper is not good, there are some things that should disgust us – racism and child abuse come to mind. William Blake had a better quote than Kelly’s – “Those who control their passions do so because their […]
What is financial freedom? This blog is 100% about achieving it, but I haven’t spent much time actually defining it. So, let’s fix that… For me, financial freedom means having more than enough reliable and repeatable passive income that you can forgo having to work for earned income. This core element of financial success gives […]
Pop quiz? If someone says they’re going to do something but doesn’t actually do it, does it really count? Of course not. Yet, many people mentally “grade” themselves in a way that intending, even really intending, to do something counts as “just as good” as doing that something. From my experience, we as a society […]
Many think that the key to success and happiness is to make all the “right” decisions. Making good decisions is crucially important to getting what you want in life. That’s a fact. But there’s something else that’s equally as important… Avoiding really bad decisions. As Warren Buffett has said many times, he aims to be […]
