The True Cost of Regular Expenses: The Rules of 752 & 173
The concept of reaching financial independence where passive income fully supports your lifestyle is fairly simple in theory. Essentially you just increase your income, cut your expenses,…
-
-
What Does it Mean to Be Rich? An Unusual Definition of Prosperity & Affluence
I’m ok with becoming rich and accumulating a lot of money. How about you? But, even though becoming rich is a reasonable goal, I also…
-
How Much is Enough? The Fulfillment Curve
In the beginning of our lives, more possessions did indeed mean more fulfillment. Basic needs were met. We were fed. We were warm. We were…
-
Making a Dying is Not Living
How many people have you seen who are more alive at the end of the work day than they were at the beginning? Do we…
-
Buy Assets, Not Liabilities
“You must know the difference between an asset and a liability, and buy assets…. Rich people acquire assets. Poor and middle class people acquire liabilities, but…
-
Game #2: How to Create Passive Cash Flow
In my last two articles I shared that we are all playing two financial games and I shared How to Win Game #1: Cash Now…