Passive income is my favourite kind. If there’s an easier way to increase my cash flow, then I haven’t found it yet. Generating passive income takes a modicum of effort on the front end, then time does the rest. You will make money while you sleep. It can’t get any easier than that! When I […]
Truer words have never been spoken. When it comes to investing your money, procrastination is also robbing your wallet. See – it’s like this. If you invest $0 today, then you’ll definitely have $0 tomorrow. On the other hand, if you invest something, then you’ll have way more than $0. The more you invest, the […]
I don’t know if you’ve taken a look at the price of vehicles these days, but they’re not inexpensive. I’m showing my age with the next statement, but I want it to make an impression. Today, there are pick-up trucks that cost more that my first condo, which was $83,000! Unlike today’s trucks, my condo […]
I’ve been learning about wealth-building and personal finance for awhile now. Allow me to save you some time by sharing the methods that helped me to reach my own financial goals. If you want to increase your wealth, then implement as many of the following strategies as you can. Don’t be discouraged if you can’t […]
Happy New Year! I hope that you 2024 is off to a great start for you. I’m happy to report that my cash machine hit a new milestone in 2023. After crunching all my numbers and updating all of my spreadsheets, I was quite pleased. For the first time ever, my cash machine generated more […]
There’s only 1 week left until we say “Welcome!” to 2024. My gift to you this holiday season is a step-by-step plan for your money. As always, take what you want and leave the rest. First off, I want you to open atleast 3 bank accounts. Each of these will have a very specific purpose. […]
You learn a lot from failure. It’s a more instructive teacher than success. Everyone makes mistakes with their investments. Warren Buffett started investing when he was 10. Do not let anyone convince you that every investment he’s made in his entire life was a winner. If I had to guess, I’m sure that he’s made […]
Another year is quickly barreling towards its expiration date, and that means it’s time for me to assess what I’ve learned about money and my own behaviour towards it. And this year, the big thing that I’ve learned is that automatic savings plans perform better than promises. For the most part, I have the same […]
At the time of his point, there are 26 days left in 2023. Hard to believe that this year will be done in little over 3 weeks, but that’s the reality we’re living in. Maybe you should take a few minutes to think about 2024 and your money goals for the upcoming year. If you […]
Three little words. These three small words have the power to change your financial destiny if you make the choice to implement them in your life. Invest the difference. What does that mean? In a nutshell, it means you should be living below your means. The LBYM-lifestyle translates into always having a gap between what […]