One of the fun things to think about when it comes to investing is what happens when your assets reach critical mass – the point at which your money is self-sustaining. Generally that’s when your compounded returns are so large that they could support you if you were to suddenly stop working. Most of the time the goal for retirement is to reach this point and have our finances start to take care of us. BUT … for fun, let’s consider what would happen if we didn’t. Let’s suppose you had accumulated $1 million dollars by the time you had intended to retire. But being financially savvy, … [Read more...] about What Would You Do with $100,000 if You Waited One More Year to Retire?
I just wanted to give everyone another quick update on my fight with cancer. Things have been going fairly well so far, although I’m starting to feel more of the cumulative effects of chemo. This past week was somewhat of a milestone for me – I’m officially halfway through my treatments! Within the next few weeks I’m scheduled for a PET scan where they will be able to tell just how much my tumor has shrunk. Our fingers are crossed for some good news! Aside from the actual treatments themselves, I can tell you this – in the days of post-recovery after chemo, you get a lot of time to … [Read more...] about 14 Week Cancer Update and My Thoughts on Dying
Usually I don’t tend to buy into headlines like “how to be more productive” or “how to improve your efficiency”, but recently I was pleasantly surprised by something I heard. One of the latest Pat Flynn Smart Passive Income podcast episodes was a whole thing about his daily habits and morning routine. Normally I tend to gravitate more towards his bits about blogging and entrepreneurism. But with the big recent changes in my health, I’ve been more open to trying just about anything. And I’ve got to say – I was glad I did! I’m not sure I’ve ever really realized how much time I waste … [Read more...] about What Habits Are On Your Morning Routine Checklist?
I wanted to give everyone a quick update on my health and how things are going. In case you didn’t know, I found out in January that I have cancer – specifically Type II Hodgkin's Lymphoma. As you can probably guess that came as a HUGE shock to me to because I’m an otherwise pretty young, healthy guy. However, as I’ve learned, cancer doesn’t discriminate its victims. And so now this is just simply something I have to deal with and put behind me without hesitation. Since when I first broke the news to you my dear readers, I’ve received my official regimen of treatments: No … [Read more...] about My Cancer Update – 8 Weeks Later
Remember video game cheat codes? My son got a cheat code book from his cousin a few months back and he’s finding out just how awesome they are. Take your favorite video game or the hardest video game and the cheat code book gave you power you never thought you could have. Unlimited lives. More firepower. Skipping ahead several levels to defeat the last big boss. Honestly it made winning the game so much easier, and it was awesome! As I got older, I noticed something about cheat codes – there were more of them then just I knew about video games! Clearly all around me there were all … [Read more...] about Unlock Your Financial Philosophy Cheat Codes
Two weeks ago I learned some pretty shocking news: I have cancer. What started out as a seemingly simple trip to the doctor to find out why my neck was feeling so constricted lately quickly escalated into an 8-night stay at the hospital full of scans, biopsies, and blood-work which ultimately concluded that I have Stage II Hodgkin's Lymphoma. Believe me – to say this has been quite a shock is to say the least. I’ll be turning 35 years old next month and this is something I would have never guessed I’d be dealing with at this stage of my life. I’ve always worked very, very hard to stay … [Read more...] about I Have Cancer. Now What I Am Going to Do?
One of my favorite movies to watch during Christmas time is the old classic “A Christmas Carol”. Yes, I know. It’s about as cliché of a Christmas movie as they can possibly get. Pretty much everyone knows the story of bitter-old Ebenezer Scrooge and how he changes his miserable ways after a visit from 3 ghosts who show him how meaningless his life really is and convince him to change. I think most people will agree that the main point of the Dickens’s tale is that there is more to life than money. However as I’ve become older I’ve realized that the theme of money actually highlights … [Read more...] about Recognizing the Important Aspects of Life
A few months ago a coworker and I got talking about our company’s retirement plan and I could tell he needed some help understanding some of the fundamentals. So the next day I lent him a copy of one of one of my favorite books on finance in hopes that it would help him to manage his money better. However a few months later when I checked in with him he said he still had not read the book because he hadn’t found the time for it. “I don’t have time for that” – It’s one of the biggest illusions we fool ourselves into believing. We say it about exercising more, going back and getting that … [Read more...] about Learn How to Manage Money Wisely By Doing This One Thing
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 … [Read more...] about How to Become Independently Wealthy … Outside Your Job
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 … [Read more...] about Do Grades Really Matter? What Really Counts When It Comes to Your Career