How would you like to achieve your wildest dreams? How would you like to accomplish anything? No matter how large... Ok, perhaps that's an exaggeration. After all, I might want to "be richer than Warren Buffet" but that's very unlikely to happen no matter what I do. But I'm talking big goals that are reasonable, though tough: Becoming a c-level executive of a … [Read more...]
Archives for April 2017
My Jobs, An Interesting Transition
Last time I shared some of my career history I left off when my company had a big downturn. Today I continue this series by giving details on the next position I held. As you recall, the company was doing poorly at a key time period and the blame was being placed on my shoulders. At the same time, a few other things were going on: As I mentioned in the last post, … [Read more...]
The Value of Growing Your Career: A Real-Life Example
In the course of writing the follow-up post to How to Go from Zero to Millionaire, Part 1 I ran a boatload of numbers on Quicken (thankfully I have 22 years of data saved) and recorded my earnings by year (for the years I didn't have, I knew my first starting salary and estimated from there until I got to the point where I had data). I'll be continuing that series with part … [Read more...]
Millionaire Interview 8
The following is a millionaire interview I first published on a previous site. I thought you'd enjoy this interview with another person who grew his net worth to over $1 million. My questions are in bold italics and their responses follow in black. Let's get started... How old are you (and spouse if applicable, plus how long you've been married)? 53, divorced in … [Read more...]
The 52 Best Ways to Save Money, Part 1
The often unloved step in the E-S-I family is saving. I get it. It's not flashy or glamorous and if anything it makes us think of suffering and denying ourselves. But the truth is that saving is as important as earning. In fact, you could say it's more important. You can become wealthy with a moderate income and high savings rate but it's difficult to become wealthy at any … [Read more...]
Is the Cost of a Financial Advisor Worth It?
A couple months ago I was having lunch with a friend. He's a financial advisor/planner and we talked about his job since he just started with a new company. He told me that their intro financial planning product was a "comprehensive financial plan" that they did for clients to see where they were financially and what help they might need. He said his company offers a … [Read more...]
How to Become Wealthy Described in One Sentence
Sometimes we make becoming wealthy way too complicated of a topic. After 25+ years of: Managing my own finances Studying how to manage money Writing thousands of articles and (probably) millions of words on the subject Achieving financial independence Retiring early with sizable assets I'm more convinced than ever that the way to become wealthy … [Read more...]
Post-Retirement Career and Activity Thoughts
On my post titled 7 Steps to Millions More: Continue Learning and Developing Skills, one reader left the following comment: This could maybe even be its own post but how do you feel you apply this concept into your life now that you are retired? For instance: 1. Do you still try to learn and grow in your career field perhaps because you are still interested and just enjoy … [Read more...]
What Vacation Plans Do You Have for 2017?
What's the use of having lots of wealth unless you get to live it up a bit, right? Well, today's topic is going to focus on just that -- enjoying what we have earned, saved, and invested. In particular, how we all choose to spend some of it on vacations. I thought I'd post our plans for this year and you could do the same. Great way to spend a day, right? They say that … [Read more...]
How to Save on College
A friend and I were talking the other day. His daughter is one year younger than mine but both will be off to the college campuses of their choice this fall. He was sharing that his daughter had the choice between two great schools in her state which would leave her with ONLY "tens of thousands of dollars in debt" upon graduation and another, highly rated school just … [Read more...]
