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...]
Archives for December 2019
Millionaire Interview 166
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...]
Millionaire Interview 165
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...]
Merry Christmas
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...]
Millionaire Interview 164
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...]
Seven Small Things You Can Do to Grow Your Career
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...]
Five Reasons You Should Invest in Storage Units and Three Ways to Do So
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...]
How to Become Financially Independent in Five Years
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...]
Millionaire Interview 163
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...]
Eight Areas Where I Could Easily Spend a Fortune
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...]