In my previous post about why we care about money, we explored the reasons why saving money might be important beyond simply wanting more material possessions. In this post, I’d like to explore the more specific topic of why it is that we want to retire. … [Read more...] about Why Do You Want to Retire?
As part of my annual financial checkup, I have updated my “Money Design” for financial freedom. This is my plan to one day automate my income rather than rely solely on employment income. My plan can be summarized by the flow chart below: … [Read more...] about My “Money Design” – 2012 Update
ProBlogger: Secrets for Blogging Your Way to a Six-Figure Income”. The book is a collection of tips and advice on the art and business of building a blog. It not only provides several introductory step-by-step processes for getting started and keeping your blog running, but it also provokes many questions about what type of subject you’d like to write about, how to keep things interesting, etc. … [Read more...] about Book Review: “ProBlogger: Secrets for Blogging Your Way to a Six-Figure Income” by Darren Rowse and Chris Garrett
As promised in my post earlier today, I have created a page entirely devoted to the topic of “passive income” that will contain ideas, advice, and everything else worth sharing. This can be found at the “Passive Income” section in the top menu bar under the sub-heading “Passive Income Ideas”. Please explore these suggestions and feel free to share your comments. This page will also be continually updated as I collect new ideas or have new experiences to share. … [Read more...] about My Money Design Update – New Section on Passive Income
With a name like “Get Rich Click! The Ultimate Guide to Making Money on the Internet” by Marc Ostrofsky is a giant collection of tips and advice on just about everything you could do to start making money online. It covers dozens of topics including: • E-Commerce • Understanding Search Engines • Online Advertising • Improving you Search Engine Optimization (SEO) • Using affiliate marketing • Owning marketable domain names • Creating valuable content • Taking advantage of social networks • Setting up payment processing • Marketing for mobile phones • Using Internet videos • Partnering with non-profits … [Read more...] about Book Review: “Get Rich Click!” by Marc Ostrofsky
Click the image to visit Amazon.comThis is one of the most entertaining and unconventional financial life-style books I have ever read. Not only will it open your mind to a world opportunities that few people even know exist, but it will challenge the status-quo of how you live your life. … [Read more...] about Book Review: “The 4-Hour Workweek, Expanded and Updated” by Timothy Ferriss
Click the image to visit Amazon.comMost financial books tell you come up with a retirement goal and to save towards it. Period. But have you ever wondered if you were on the right track? At 30, how much should I have saved for retirement? What about 40, 50, etc? What about debt, savings, etc.? Where do I stack up against my peers? … [Read more...] about Book Review: “Your Money Ratios: 8 Simple Tools for Financial Security at Every Stage in Life” by Charles Farrell