Here's an interesting post that I originally had at my other site. But I'm moving the best posts to ESI Money and this one certainly qualifies. As you know, we spend a lot of time here talking to the wealthy and asking them about their finances. My Millionaire Interviews are among the most popular posts on this site. And for good reason -- who better to learn about money … [Read more...]
Archives for February 2020
2019 Financial Year in Review and 2020 Forecast
As I've done every year on this site, I want to review my past year's financial results as well as make a forecast for the year to come. FYI, I'm writing this at the beginning of January even though it won't post for a couple months. As such, the numbers I'll be sharing aren't final yet (I'll sort through the official ones when I do my taxes). These have not been … [Read more...]
How to Have a Happy Retirement
A couple months ago an ESI Money reader sent me an email asking if I had ever read the book You Can Retire Sooner Than You Think. I said I hadn't but it looked interesting. A few days later I tracked down the publisher and asked to receive a review copy. They sent me one and I read it over two days while watching the NFL divisional playoff games (yes, I still … [Read more...]
Millionaire Interview 175
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...]
Finances Simplified on a Napkin
Do you remember when I shared some excerpts from The Infographic Guide to Personal Finance: A Visual Reference for Everything You Need to Know? Basically they took financial topics and made them easy to understand by putting them in infographics! I loved how simple the book was, making it very accessible to people wanting to learn personal finance basics but who might be … [Read more...]
How to Create a Great Retirement
When we attended our first retirement planning seminar, the presenter recommended the book What Color Is Your Parachute? for Retirement as a great book to plan an awesome retirement. Obviously, I couldn't let a comment like that pass me by, so I got a copy and started to read. I'm so glad I did! Today I'll take you through the book's main messages and share some of my … [Read more...]
How to Grow Your Career by Volunteering
How would you like to grow your career (and work towards earning more money) while also using your skills to help others? Well, then I have something for you! Today we're going to talk about the advantages volunteering can have on your career. More specifically, we'll detail how volunteering can assist in two of the seven steps to growing your career: helping … [Read more...]
Millionaire Interview 174
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...]
The Gift of the Struggle
I was surprised at the small but vocal minority who felt my kids should get more from our estate plan. I'm not going to feed the trolls by responding to their comments, but today I do want to discuss a related topic. I'm calling it "the gift of the struggle." Before we get in too deep, let's begin by defining the phrase. What is the Gift of the Struggle? When I say … [Read more...]
Five Morning Money Habits to Help You Become Wealthy
Over three years ago I read The Miracle Morning. I loved the book and it got me to thinking about how much more productive I could have been if I had discovered it early in my life (which would be impossible since it was published at the end of 2012, but still.) As I read it I began thinking what an impact a morning routine might have on a person's finances. That's when I … [Read more...]
