How to Become Independently Wealthy … Outside Your Job

How to Become Independently Wealthy

How does someone actually get rich? Should they make more money at their jobs by working harder?  Should they take on longer hours and more responsibility … all in vain hopes of getting a better raise or bigger bonus? Is your job even really the only way how to become independently wealthy? In this post I want to dig a little deeper into what it takes to actually become “rich”.  People who have made it – whether they are in the top 100 of Forbes or even people that you know in real life - more than likely didn’t get there by running the rat race and working themselves to dead.  While that might be the case for a small fraction of individuals, I think you can find in just about any good book or biography that the successful and … [Read more...]

Do Grades Really Matter?  What Really Counts When It Comes to Your Career

light bulb

I was an A-student back in school.  I worked very hard to get them.  I knew that they were my ticket to something bigger and greater.  At least that’s what I used to believe – until I realized that the only things bigger and greater were the ones I found on my own. Don’t think that that’s true?  Then how is it that you and your colleagues can all be so diverse in your backgrounds and academics, yet you all do the same job.  You probably all get paid roughly about the same too.  In some instances the people who did worse in school are the boss or actually make more than you do. If that’s so, then do grades really matter?  What’s the point of killing yourself for a 4.0 grade point average or going to a good college if you’re all going … [Read more...]

Good Scary Movies to Watch this Halloween – 2014 Edition

sinister

I wanted to take this opportunity to break up our normal regimen of posts devoted to serious personal finance topics and dive into something far more entertaining: Good scary movies to watch this Halloween! If you’re like me and always looking for some good, cheap fun around Halloween-time, then there is nothing better than renting a couple of really scary movies from the Redbox or Netflix that will leave you scared to go to bed. This is the third edition of my “good scary movies” post.  You can find my past horror movie picks from 2013 and 2012 at these links with reviews of some of my favorites like The Ring, Sinister, Insidious, Drag Me to Hell, Cabin in the Woods, Trick r’ Treat, Donnie Darko, etc. Here are my new additions for … [Read more...]

Stay Humble – You’re Still Just a Ditch-Digger

Stay Humble

Sometimes I feel like all throughout my life I was lead by the media to believe I was going to be entitled. When I was a little boy I used to watch Scrooge McDuck swim through his giant money bin full of cash. When I was teenager I watched MTV’s The Real World and couldn’t wait to live in giant apartment with no job for 2-3 months. When I was an adult house hunting shows made me think that living in a beautiful, luxurious $300K home was completely normal. With messages like that, how is someone supposed to stay humble?  By getting back to their roots every now and again.  By serving those who need served.   Helping My Dad with Building His Deck: The summer is not just a great time to be outside, but also a good time to … [Read more...]

I Want to Be Your Personal Money Coach – A Free Giveaway

money coach

For years now I’ve had this idealistic vision in my head that someday when I reach financial freedom and retire early that I’m going to become a money coach.  There’s just one problem … I’ve never actually been a money coach – to anyone ever. That creates a little bit of a situation for me.  How can I really know if that’s what I want to do with the rest of my life if I’ve never actually gave it a try?  What if I test it out and find that its not for me?  What if I’m no good at it? Or more realistically - what if I find out all this (what I think is) great advice I have to offer is really nothing more than superficial tips that barely scratch the surface?  Perhaps I’ll find that I need to dig deeper into certain topics to really be … [Read more...]

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...]