Whenever I meet someone for the first time, the inevitable question comes up…what do you do? To which I reply, “I’m retired. I retired early and now I author a blog about achieving financial freedom.” The replies I get back are usually something along the lines of – “Wow, that’s awesome! Tell me how you […]
I often wonder how people can be happy or at peace when themselves when they don’t make a commitment to financial success. How can a person reconcile wanting to be financially successful without giving their full effort to it? I had a friend once that struggled with money. Let’s call him “Henry”. Henry came to […]
There’s a particularly riveting scene in the movie 12 Years A Slave that so dramatically showcases the two differing approaches people have to life. In my experience, people generally fall into one or the other way of thinking about life that is depicted in the scene. If you haven’t seen the movie, it is based […]
In today’s video I list the top 10 financial mistakes that the medicore majority will make in 2018 (again). How do I know that they’ll make these very mistakes? It’s because they’ve been making these same mistakes for decades. It’s what keeps them in the mediocre majority… Be free. Nothing else is worth it. P.S. […]
Mediocrity doesn’t just happen. Rather, it’s something people accept over time, almost unconsciously. It seeps into their lives daily, weekly, monthly and over years. Like bad habits, the chains of mediocrity are too light to be noticed until they are too heavy to be ignored. Given the sinister nature of mediocrity, how does someone […]
Warren Buffett is said to have had a “marital debate” with his late wife Suzy about Suzy’s plan to spend $20,000 to renovate their decades-old home. Was Buffett’s objection based on his inability to afford the renovations? Hardly. As one of the world’s richest men, he could spend that amount daily on his home and […]
A poll released last year by the Harvard Institute of Politics found that among 18-to-29-year-olds, only 19 percent identified themselves as “capitalists,” and only 42 percent said they “supported” capitalism. The number was only slightly higher for those in the next age group, 34 to 49 years old, with 31 percent identifying as capitalists and […]
Last year, Money magazine reported that nearly 70% of wealthy families have lost their wealth by the second generation. And according to Family Business Institute, 97% of family businesses do not survive past the third generation. Some of you may think that wealth doesn’t make it to the third or fourth generation because of estate […]
Like a thermostat controls temperature, you too have an internal thermostat that controls your level of success. The level of your success can go up or down a little. But, eventually the thermostat kicks-in and brings you right back to where you are comfortable. That is, until you change the thermostat. So, how do you […]
