Today I have a treat for you. My friend, Todd Tresidder, from the site Financial Mentor, is letting me publish an excerpt from his new book The Leverage Equation: How to Work Less, Make More, and Cut 30 Years Off Your Retirement Plan. In case you recognize Todd's name, it's probably from making my list of the only five money books you need to read. He's the author of How … [Read more...]
Most Common Myths about Everyday Millionaires
When I was at FinCon (the financial media conference) last September I attended a speech by Chris Hogan, one of the professionals in Dave Ramsey's speakers' group. I don't know Chris, but have heard him on podcasts, liked what he had to say, and was excited to see him talk. It was a good presentation and I enjoyed it -- one of my favorites from the week. After his … [Read more...]
Top Money Books Worth Considering
There's something inherently difficult in having a "top ____" list/set/group/etc. Yes, they are full of great "whatever you're ranking", but each list is also very limiting. For instance, the famous Top Ten list. Good stuff, right? Of course. But what about #11? So close to the top and yet left out in the cold. Is #10 really that much better than #11? Probably … [Read more...]
The Next Millionaire Next Door
When we were married in the early 90's, my new wife and I hatched a plan. We knew that time together would be scarce (we both worked and my hours were especially brutal) so the limited time we had we wanted to spend together. We also wanted to help other people and volunteer through our church. After asking several older and wiser people for their advice, we decided to … [Read more...]
How to Become a Millionaire Teacher
Shortly after I wrote the post noting how The Simple Path to Wealth: Your road map to financial independence and a rich, free life was one of only a handful of books that could be a worthy candidate to break my list of the top five money books, I found another one that has possibilities. I first heard about Millionaire Teacher: The Nine Rules of Wealth You Should Have … [Read more...]
Three Sentences that Lead to Wealth
A few months ago the Freakonomics podcast ran an episode titled "Everything You Wanted to Know about Money But Were Afraid to Ask." A major part of the show featured the author of The Index Card: Why Personal Finance Doesn't Have to Be Complicated. The book, a best-seller for sure, basically said that everything anyone needs to know about money can be written on an index … [Read more...]
The Simple Path to Wealth
Not long after I wrote The Only Five Money Books You'll Ever Need, I ran into a book that's worthy for consideration into the top five (which, as you know, doesn't happen that often). It's one of the best new books on finances I've read in a long time, so I thought I'd tell you a bit about it. I'd also love to hear your thoughts if you've read it. The Simple Path to … [Read more...]
The Only Five Money Books You’ll Ever Need
This post may contain affiliate links. Please read my disclosure statement for more info. A couple months ago a friend on Facebook asked what books people recommended on various money topics. Without batting an eye or even pausing a moment to reflect I immediately responded: For retirement, How Much Money Do I Need to Retire? by Todd R. Tresidder can't be beat. … [Read more...]
Stop Acting Rich: The Relationship Between Jobs and Wealth
When I posted Stop Acting Rich Overview and Thoughts on Wealth, Habits, and Happiness I promised that I would follow up with some thoughts from Stop Acting Rich: ...And Start Living Like A Real Millionaire on jobs people have and how it impacts their net worth. This post will cover those subjects. There's lots to cover, so let's get started. High Income Doesn't … [Read more...]
Stop Acting Rich: The House You Buy Determines Your Wealth
When I posted Stop Acting Rich Overview and Thoughts on Wealth, Habits, and Happiness I promised that I would follow up with some thoughts from Stop Acting Rich: ...And Start Living Like A Real Millionaire on home ownership and how it impacts a person's net worth. This is the fulfillment of that promise. :) There's lots to share, so let's get to it. How an Expensive … [Read more...]
