This is a guest post from a fellow blogger Chris who is also a soon-to-be retiree before the age of 40! Chris writes anonymously (so that he can share all of his real numbers and ambitions while still at his job) over at EattheFinancialElephant.com. I stumbled upon Chris and his site when I saw the term [Continue Reading]
The Ultimate Guide to the Best Wealth Building Assets
My mission here at coachcarson.com is all about helping you become wealthy (aka win with money). Money is not the most important thing in life, but losing with money has the pesky issue of keeping you from doing the things that DO matter. So, in that spirit I want to share my guide to the best wealth building assets. You have probably read or heard [Continue Reading]
The All-Cash Plan – Path #1 to Free & Clear Real Estate
On your path to a destination of Financial Independence, I think a simple but powerful goal of free & clear (no debt) real estate is a good idea. Your free & clear goal might be, for example, to own 10 houses that together rent for $12,000 per month ($1,200 per house) and net $7,000 per [Continue Reading]
Happiness: An Unexpected Benefit of Frugality
If you’ve followed me for long, you know that I think frugality is important. By frugality I do not mean painfully depriving yourself of happiness now so that someday you’ll be more happy. I also don’t mean you have to live in a tent or eat rice and beans your entire life. No. Frugality can make you happier [Continue Reading]
Service: A Simple Strategy to Make More Money (and Become Happier)
I like to say that frugality has bought my freedom. Frugality is important after all because a savings rate is the primary indicator of how short (or how long) it will take us to reach financial independence. But, frugality is only the first factor that affects your savings rate. The second factor is your income. To [Continue Reading]
How to Retire Rich With Embarrassing Old Cars and Fixer-Upper Houses
At coachcarson.com I love to write about starting a business, doing deals, flipping houses, and finding many other ways to increase income. Our incomes are the essential engines that help us retire early and reach a destination of financial independence. But, as I also write about, more income by itself is not sufficient. There are high-income earners [Continue Reading]