Yes, people can become wealthy while earning a low income. But it's hard to do. That's why it's sensational news when we hear about a janitor at a college who never made more than $30k per year and left $2 million to the college upon his death. It's a difficult feat and just doesn't happen that often. And yes, I realize not everyone is a doctor, lawyer, MBA, etc., so not … [Read more...]
Archives for July 2020
Giveaway: $200 in Amazon Gift Cards
The middle of summer seems like the perfect time for another giveaway! And since gift cards always seem popular and Amazon is my most requested option among several past choices... I have $200 in Amazon gift cards to give away today! I have a total of eight $25 Amazon gift cards. Here are the details of the giveaway: I'll be giving away $200 in Amazon gift … [Read more...]
Millionaire Interview 196
The following is a millionaire interview I first published on a previous site. I have several of these interviews, conducted over the past several years, 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, but would like to get them all completed soon, so you’ll see more of these in the next few weeks. All great … [Read more...]
Retirement Interview 24
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. This interview was conducted at the end of May. My questions are in bold italics and his responses follow in black. Let's get started... GENERAL … [Read more...]
Ten Best Ways to Earn Money
Now that we've discussed the three ways to earn income as well as reviewed a list of ideas for creating income, I want to share what I think are the best ways to earn money. Of course to determine "the best" I had to have some criteria, so I developed my own as follows... Criteria for Rating the Best Money-Making Methods I considered a lot of options but eventually came … [Read more...]
Millionaire Interview 195
The following is a millionaire interview I first published on a previous site. I have several of these interviews, conducted over the past several years, 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, but would like to get them all completed soon, so you’ll see more of these in the next few weeks. All great … [Read more...]
Ideas for Creating Income
Now that I've shared my three ways to make money, I wanted to create a list of ideas for each category. While I had my own list (of course), I also googled a bit to find more. As you might imagine I discovered a gazillion posts on "how to earn money". There are almost too many ideas to contemplate (and what some people consider to be an "idea" is a long stretch). I … [Read more...]
Three Ways to Make Money
Ever since I read Passive Income, Aggressive Retirement I have been thinking of ways to earn money. That has turned into a mini-obsession as the subject seems to be popping into my mind again and again. Eventually I decided to do something and write a series of articles about earning money. Over the course of the next week or so I'll share three posts on making money … [Read more...]
Millionaire Interview 194
The following is a millionaire interview I first published on a previous site. I have several of these interviews, conducted over the past several years, 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, but would like to get them all completed soon, so you’ll see more of these in the next few weeks. All great … [Read more...]
Thoughts from a Long-Term Care Insurance Expert, Part 3
Today we conclude our conversation with Scott A. Olson, co-owner of The LTC Shop. In case you missed them, here's part 1 and part 2 of the series. Scott and I had a chat via email and I'm posting those conversations. My questions are in bold italic and preceded by "ESI:" while his responses begin with "Scott:". At the end of each topic I add an "ESI's Thoughts" … [Read more...]
