Never Let Anyone Compromise Your Goals in Life

goals in life

My wife and I have been having a lot of discussion lately about some of the changes we want to make that will help us reach our goals in life sooner rather than later. Don’t worry – there’s nothing wrong with us or our marriage.  But for reasons I won’t get into publicly, let’s just say that the working-world has decided to pose some complicated challenges that would otherwise make it take longer to get there. Since going down this path of reaching financial freedom, we’ve both been so completely infatuated with the goal of getting there.  We’re seduced by the thought of what our lives will be like when we do. Unfortunately though sometimes even though you think you’ve got all the pieces to your life in place, things beyond your … [Read more...]

Improving the User Experience in Video Collaboration

Video Collaboration

If you’re operating a business, you probably understand the importance of utilizing only the most functional equipment to help you operate efficiently and effectively. While video collaboration tools have been available for the past few decades, the technology has not always been reliable enough to execute goals in a timely fashion. Struggles equipment installation, low video quality, and incessant breaks in connection have stood in the way of productive collaboration across the video conferencing platform. Thankfully, the technology has advanced to take advantage of cloud computing software, allowing for more lightweight, web-based conferencing tools that allow users to conference without the interruptions and clunky interfaces of … [Read more...]

Even Though I Want Financial Freedom, I’ve Still Got a Long Ways to Go

I Want Financial Freedom

Recently when I was asked to do an interview with the Mint website, it got me thinking a lot about how much I want financial freedom and where I’m at so far with my own savings goals. So I decided to try this fun game - You can try it too.  Pretend you decided to stop working tomorrow and were going to live off of absolutely nothing else other than your financial assets (and good looks) for the rest of your life.  Call it an early retirement.  Call it what you will. The magic question would then be: How much money would you be able to pay yourself each month?   How Much Money Would You Need? In the past I’ve determined that my magic number to reach financial freedom was somewhere around $5,000 per month.  In other words, if … [Read more...]

Want to Know How to Sell Things Online Fast?  Just Ask My Wife to Put It on Facebook!

How to Sell Things Online

This week, thanks to my wife, the MMD household made a ton of money on the side.  But this wasn’t our usual passive income or blog revenue. Nope.  This was different.  This week my wife completely schooled me in the art of how to sell things online fast – all by using Facebook! Who knew these days that’s all it would take.  I can still remember the days of the dark ages (i.e. about 20 years ago) when I used to go looking through the newspaper (remember those?) classified to find guitar gear. In more recent years I’ve really been a fan of using Internet sales sites like Ebay and CraigsList.  But even those sites were a huge improvement, they still had their own fundamental drawbacks. Fortunately things like high-speed service and … [Read more...]

Little Known Tips for Saving Money While Traveling

Saving Money While Traveling

Go to just about any travel website or blog and you'll find them.  There's tons of great money-saving advice for travel that are well-known such as searching for the lowest airfare at various online sources or packing light to avoid extra baggage fees.  However, there several useful tips for saving money while traveling still go unnoticed each year.  This is unfortunate because these small things could add up to big bucks in savings.  Here are just a few of them that you can start taking advantage of today.   Enroll Children in Frequent Flier Programs: For those who travel often with their children, enrolling them in a frequent flier program can help them build miles they can use at later dates. If you do not travel often with … [Read more...]

How Video Conferencing Technology Can Reduce Costs for Government Bodies

Video Conferencing

Traveling for meetings has always been a budget killer in any field of business.  While most of the time this cost is absorbed by company itself, who pays for those expenses when the employee works for the government?  The tax-payers? Clearly there is a need to improve upon travel costs whereever possible.  That is where good video conferencing technology can be useful.  As a matter of fact, according to KBZ, a massive upward trend has already been observed in the usage of web conferencing and other digital communications. Since the inception of this technology, it has evolved drastically. This technology has been penetrating into diverse fields and has proved its importance in a very short span of time. It is amazing how video … [Read more...]

Follow the Money — How Qatar Has Become an Opportunity for Foreign Business 

qatar

Qatar may be a smaller Gulf state in terms of geographic area and population, but it has the world's third largest natural gas reserve and is one of the richest nations per capita.  The Ministry of Energy and Industry is currently on track to support various new projects in the fields of pharmaceutical, minerals, chemical, environmental and other sectors as part of its Qatar National Vision 2030. When you combine its abundant natural resources with its economic diversification, a rapidly expanding economy and liberal legalization, it’s not surprising that foreign business might find Qatar something of a tasty location.   Tax benefits - The Lowdown: Tax benefits (everyone loves a tax benefit!) are one of the most attractive … [Read more...]

How Do You Keep Yourself From Becoming Who You Don’t Want to Be?

Don’t Want to Be

Have you ever looked at someone and just plain thought to yourself: That’s who I don’t want to be in 20 or so years from now? Recently I was re-reading a great book “The 4 Hour Work Week” by Tim Ferriss.  One of the thoughts that stuck with me was his conversation in Chapter 4 about how he and a friend keep trying to avoid becoming that “old, fat, bald man in the red convertible”. To them, that was the epitome of a pathetic, wasted life.  It was their stereotype (and we all know someone like this) of a broken middle-age man making his last desperate effort to experience life when he had already wasted too much of it working long hours in the office missing out on the prime of his youth.  It was someone who waited too long to see the true … [Read more...]