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Archives for December 2019

Millionaire Interview 167

December 30, 2019 By ESI 9 Comments

The following is a millionaire interview I first published on a previous site. I have several of these interviews, conducted over the past five years or so, that I now want to place on ESI Money (so they are all in one place). I’ve been posting them every now and then and will continue to do so, mostly in the slower times when many readers are on vacation or busy with … [Read more...]

Filed Under: Interviews, Millionaires

Millionaire Interview 166

December 28, 2019 By ESI 8 Comments

The following is a millionaire interview I first published on a previous site. I have several of these interviews, conducted over the past five years or so, that I now want to place on ESI Money (so they are all in one place). I’ve been posting them every now and then and will continue to do so, mostly in the slower times when many readers are on vacation or busy with … [Read more...]

Filed Under: Interviews, Millionaires

Millionaire Interview 165

December 27, 2019 By ESI Leave a Comment

The following is a millionaire interview I first published on a previous site. I have several of these interviews, conducted over the past five years or so, that I now want to place on ESI Money (so they are all in one place). I’ve been posting them every now and then and will continue to do so, mostly in the slower times when many readers are on vacation or busy with … [Read more...]

Filed Under: Interviews, Millionaires

Merry Christmas

December 25, 2019 By ESI Leave a Comment

No new post today. Like many of you, I'm celebrating with family. For those of you who celebrate Christmas, I wish you a very Merry Christmas!!!! I hope you all have a great day with loved ones!! To my other readers, happy holidays! I wish you a very joyous holiday season!! I hope 2019 has been kind to you all and I wish you the best for an awesome 2020! … [Read more...]

Filed Under: ESI Thoughts

Millionaire Interview 164

December 23, 2019 By ESI 13 Comments

The following is a millionaire interview I first published on a previous site. I have several of these interviews, conducted over the past five years or so, that I now want to place on ESI Money (so they are all in one place). I’ve been posting them every now and then and will continue to do so, mostly in the slower times when many readers are on vacation or busy with … [Read more...]

Filed Under: Interviews, Millionaires

Seven Small Things You Can Do to Grow Your Career

December 21, 2019 By ESI 3 Comments

One foundational principle of my personal finance perspective is that your career is your most important financial asset. If you don't believe me, take an average salary (or one you expect to earn), and multiply it by 40 working years (the length of an average career). Compare that number to all your other assets. Is there anything even close? Probably not. Also look … [Read more...]

Filed Under: Career, Earn

Five Reasons You Should Invest in Storage Units and Three Ways to Do So

December 20, 2019 By ESI 27 Comments

I've shared on various posts that I have a ton of cash laying around at the present moment. I have found a use for some of it in private real estate lending, but there's still plenty left over. I'd love to buy some more rental apartments, but both markets I'm interested in (my current home of Colorado Springs and where my current units are in Grand Rapids, MI) are way … [Read more...]

Filed Under: Invest

How to Become Financially Independent in Five Years

December 18, 2019 By ESI 25 Comments

Back in October I was part of a panel discussion on the What's Up Next? podcast. Three of us "older" bloggers joined Doc G and Paul to discuss the subject "Is it ever too late to pursue financial independence?" The episode will soon be released but if you want to hear what we had to say, you can listen to it here now. In the discussion Doc asked a GREAT question (which … [Read more...]

Filed Under: About, Financial Independence, Retirement

Millionaire Interview 163

December 16, 2019 By ESI 22 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

Eight Areas Where I Could Easily Spend a Fortune

December 14, 2019 By ESI 27 Comments

Many people assume I was able to accumulate a large net worth simply because I made a lot of money coupled with a natural tendency to be frugal. No. That's not how it happened. First of all, I didn't make a lot from the get-go. Like most millionaires, I had to work long and hard, delivering lots of value to my employers until my salary steadily grew. Second, I was … [Read more...]

Filed Under: Save

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