I've written New Year's resolution posts for almost 15 years now. I like the process of setting goals and then taking steps to achieve them (something I've used with great success throughout my life). The start of a new year is perfect for this sort of activity. But there are only so many possible angles when writing those types of posts...and apparently I've hit the max. … [Read more...]
Financial Thoughts from Robert Kiyosaki
As noted when I posted Why the Rich are Getting Richer, the book Why the Rich Are Getting Richer by Robert Kiyosaki, author of Rich Dad Poor Dad, contains a lot more than simply why the wealthy become even wealthier. As I read the book, I underlined key passages, many of which didn't fit into the first post. That's why I'm writing this post -- to share some of Kiyosaki's … [Read more...]
Rich Dad’s Ten Steps to Getting Started on the Path to Wealth
When I reviewed the book Rich Dad Poor Dad, I noted that the author, Robert Kiyosaki, listed "10 tips for getting started." I didn't cover the 10 steps in that review since it was too long the way it was, but today I'm going back to the book, sharing the 10 steps, and giving my thoughts on them. BTW, the 10 tips are designed to get anyone started on the path to acquiring … [Read more...]
Why the Rich are Getting Richer
Shortly after I wrote How the Rich Get Richer I started reading Why the Rich Are Getting Richer by Robert Kiyosaki, author of Rich Dad Poor Dad. The author says the following about both books: If Rich Dad Poor Dad was elementary school, this book (Why the Rich Are Getting Richer) is graduate school. That sounded good to me. I'm always up for a higher-level money … [Read more...]
The Money People in My Life that I’m Thankful For
In September I was invited to an early screening of A Beautiful Day in the Neighborhood. Back in the day when I was still working, I actually had some influence. So I was often invited to early screenings of movies and received books and music in advance of release as well. This was so I could help spread the word about the product and help it launch successfully. I'm … [Read more...]
Rich Dad Poor Dad Book Review
I can't remember when I first read Rich Dad Poor Dad but I do remember thinking two things about it... First was, "this has some 'interesting' concepts in it." Second was, "I think this is over my head." Then, through the years, I forgot about the book and never went back to it, as I have with so many others. I considered a re-read a few times, but there was so much … [Read more...]
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...]
How Much Economic Outpatient Care is Too Much?
As most of you know, my favorite personal finance book of all time is The Millionaire Next Door. It's not because I think it's "the best" personal finance book (I don't know if there is one that I'd label the best, though I have named my top five) or because millionaires read it more than any other money book. No, it's more personal than that. I love the book because it … [Read more...]
Dave Ramsey’s Two Questionable Numbers
It seems there are two groups when it comes to the subject of Dave Ramsey's financial advice. Group 1 are staunch advocates of Dave's. They love him and his advice to death. They defend him in all circumstances. They are rabid fans, not afraid to share what they've learned and spread the gospel according to Dave. It's worth noting that many of these people have either … [Read more...]
The Crossover Point: The Original Measure of Financial Independence
Back in 1992 I 1) was married for less than a year, 2) had just started to grow my career, and 3) knew virtually nothing about managing money. The terms "FIRE", "financial independence", and "financial freedom" were nowhere to be found, at least compared to how they are today. And they idea of financial independence/retiring early was certainly not as widespread. In fact, … [Read more...]
