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Archives for June 2019

The Six Top Millionaire Tips on How to Grow Your Income

June 12, 2019 By ESI 11 Comments

There have been a couple consistent findings about millionaires' careers/incomes over our first 100 millionaire interviews. First, millionaires generally make a lot of money. The average annual income was $294k and the median was $250k. There's a reason "E" (for "earn") is the first letter in E-S-I. And it's no accident that high net worth individuals often have high … [Read more...]

Filed Under: Career, Earn, Millionaires

Millionaire Interview 134

June 10, 2019 By ESI 19 Comments

Here’s our latest interview with a millionaire as we seek to learn from those who have grown their wealth to high heights. If you’d like to be considered for an interview, drop me a note and we can chat about specifics. My questions are in bold italics and his responses follow in black. Let's get started... OVERVIEW How old are you (and spouse if applicable, plus how … [Read more...]

Filed Under: Interviews, Millionaires

Top 10 Money Mistakes I Made on the Way to FIRE

June 8, 2019 By ESI 37 Comments

Now that we've detailed the money mistakes millionaires make, I thought it was time to share another round of my money mistakes. I do this from time to time to 1) keep myself humble, 2) interrupt what can seem like a never-ending list of "I'm so great" posts, and 3) demonstrate that you don't have to be perfect to achieve financial independence (FI). It's the last of … [Read more...]

Filed Under: About, Financial Independence

Retirement Interview 12

June 7, 2019 By ESI 6 Comments

Here’s our latest interview with a retiree as we seek to learn from those who have actually taken the retirement plunge. If you’d like to be considered for an interview, drop me a note and we can chat about specifics. My questions are in bold italics and his responses follow in black. Let's get started... GENERAL OVERVIEW How old are you (and spouse if applicable, … [Read more...]

Filed Under: Interviews, Retirement

Side Hustle Interview 2

June 5, 2019 By ESI 12 Comments

Here's our latest interview with a side hustler! As you know, I love creating a side hustle as part of a fast-track path to financial independence because it can make a huge difference (see this calculator for details), enough to actually get you to FI in 10 years.  If you have a side hustle and would like to be interviewed, shoot me an email and we can talk over … [Read more...]

Filed Under: Earn, Interviews

Millionaire Interview 133

June 3, 2019 By ESI 18 Comments

Here’s our latest interview with a millionaire as we seek to learn from those who have grown their wealth to high heights. If you’d like to be considered for an interview, drop me a note and we can chat about specifics. My questions are in bold italics and his responses follow in black. Let's get started... OVERVIEW How old are you (and spouse if applicable, plus how … [Read more...]

Filed Under: Interviews, Millionaires

Multiple Streams of Income: Helping You Get to Financial Independence and Beyond

June 1, 2019 By ESI 19 Comments

You've probably heard the phrase "multiple streams of income". I'm not sure if he started it or not, but I first heard the term in a book written by author Robert Allen many years ago. The idea of multiple streams of income is that you earn money from a variety of sources. Money is flowing into your life from the left and the right, from up and down, from the north and the … [Read more...]

Filed Under: Earn, Financial Independence, Retirement

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