Will You Break The Law, Just To Be Financially Free?

4th April 2015 . 12 Comments

Northcote Parkinson termed the phrase Parkinson’s Law in the 1950’s. The law states that “as the supply of a resource increases, so does the demand for that resource”. Here are some common examples: Your computer’s data will expand to fill exactly the amount of storage it has available. The amount of time you have to […]

Infographic: How To Destroy Holiday Credit Card Debt

13th December 2014 . 16 Comments

Americans plan to spend more on gifts this Christmas than in any holiday season in the past five years, according to a CNBC All-America Economic Survey.  The average American plans to spend $765 this year, up 12 percent versus last year, and about 6.5 percent higher than the average across the survey’s nine-year history. Unfortunately, […]

Infographic: Can You Retire On A Million Dollars?

25th October 2014 . 11 Comments

The good news is that there are now more millionaires than ever. But when it comes to retirement, is a million dollars enough? That’s the million-dollar question. The million-dollar retirement goal gets a lot of attention, but a million dollars may not be enough. It depends on what you’ll need your retirement dollars to earn for you to […]

Discover What Day You’ll Quit Your Job…For Good!

9th August 2014 . 14 Comments

What day will you quit? Meaning, if you had X dollars in the bank, you could stop working. For good. Think about it for a minute. Some will say one million dollars. Another person might say five hundred thousand. While a third person will aim for ten million dollars. So, how does a person know […]

Are You Stealing From Your Best Friend?

10th May 2014 . 4 Comments

I talk a lot on this blog about the habit of saving money. This is for a good reason. I firmly believe that saving money is the cornerstone of financial freedom. It’s the starting point on the path to independence and a necessary habit for success. You see, the way to get your money to […]

How To Save Money

5th April 2014 . 3 Comments

The money that you save has a value today and a value in the future. Aside from money that you save for emergencies, or to pay for a trip or other expense, the real value of money that you save today is the value that it can provide you in the future. So, a dollar […]

How To Save Thousands Of Dollars

29th March 2014 . 2 Comments

Pictured is the Fugio cent, the first coin ever minted by the United States following the Constitution. It is widely considered to be the first official coin of the U.S. What’s interesting is that the coin doesn’t say “E Pluribus Unum” on its front. Instead, it reads — surprisingly — “Mind Your Business.” Was the […]

Are You Too Busy To Become Financially Free?

15th February 2014 . 1 Comments

Most people are on a treadmill. They make income at their jobs and then they spend it. There isn’t much left. Since their spending depends on their income, they are eager to increase their income at every opportunity. Here’s what successful people know – it’s capital that counts, not income. Successful people know that in […]

The $7 Million Couch

25th January 2014 . 3 Comments

What if your spouse told you that they wanted to spend $7 million dollars on a couch? Warren Buffett is said to have had a disagreement with his late wife Suzy about her plan to spend $20,000 to renovate their home. Did he disagree with Suzy that their house needed some freshening-up? Probably not. Given […]