If you've read this blog for more than 30 seconds you know how important earning is to your financial success. After all, "E" (for earning) is the first letter in the site's name. There's a reason for this -- earning was one of the three vital steps I used to become wealthy and retire early. Then of course there are the millionaires I interview. Many of them have built … [Read more...]
Archives for October 2019
Living Like Old Money
I'm not sure where I saw it, but someone I follow online mentioned that they were reading The Old Money Book and recommended it to others. Always on the lookout for a good money book, I went to my library's website to see if they had it. Nope. I then hopped on Amazon to check it out. I liked the fact that it had two (not just one) subtitles. They are: "How to … [Read more...]
Side Hustle Interview 9
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 financial calculator), 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...]
Millionaire Interview 151
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. Today we are talking to Educator FI. My questions are in bold italics and his responses follow in black. Let's get started... OVERVIEW How old are … [Read more...]
How to Save Money On Medical Costs
The number one question I get BY FAR about retirement after "How did you do it so young?" is "What do you do about health insurance/medical expenses?" It's a big issue for many in America because our medical system is so messed up. Look at it this way: millionaires are worried about health care costs in retirement. If it's an issue for them with all their assets, how does … [Read more...]
What I’ve Learned from 150 Millionaire Interviews
Who would have ever thought we'd make it this far in the Millionaire Interview series? Back when I began with the very first interview I had no idea that these interviews would be as popular as they are. Here we are three years later and a century and a half of interviews completed. There are many more lined up, so we'll be at this for a while before we run out of … [Read more...]
How the Rich Get Richer
You've probably heard the phrase "the rich get richer". There's (surprisingly) even a Wikipedia page on it with background and details. Here are some of the highlights: "The rich get richer and the poor get poorer" is an aphorism due to Percy Bysshe Shelley. In A Defence of Poetry (1821, not published until 1840) Shelley remarked that the promoters of utility had … [Read more...]
