If you've been reading personal finance articles for more than ten seconds it's likely you've heard that you need to "spend less than you earn."But it goes way beyond that. That's just the soundbite.A bit deeper there is a lot of online discussion about which is more important to financial success: spending less or earning more?It's an age-old money debate, similar … [Read more...]
Side Hustle Interview 3
Here's our latest interview with a side hustler!As you know, I love creating a side hustle as part of a fast-track path to financial independence because it can make a huge difference (see this calculator), enough to actually get you to FI in 10 years. If you have a side hustle and would like to be interviewed, shoot me an email and we can talk over … [Read more...]
How to Make Money as a Soccer Referee
I have talked now and then about how to turn a hobby into an income.Well, today's post is a story about how I did just that -- how I turned my interest in soccer into a nice side hustle (and a great job for my son).To set the scene a bit, back in the day (10 years or so ago), I became a soccer referee by accident.My son was playing soccer, they were short on … [Read more...]
Five Easy Steps to Making Millions and Enjoying Your Job
The following is a guest post I wrote that originally appeared on Get Rich Slowly.The age-old money adage is "spend less than you earn."It's good advice. One of my favorites actually.But it gets translated by many as simply "control your spending."While that's certainly part of the equation, there's an equally important complement related to earning.I submit … [Read more...]
The Six Top Millionaire Tips on How to Grow Your Income
There have been a couple consistent findings about millionaires' careers/incomes over our first 100 millionaire interviews.First, millionaires generally make a lot of money. The average annual income was $294k and the median was $250k. There's a reason "E" (for "earn") is the first letter in E-S-I.And it's no accident that high net worth individuals often have high … [Read more...]
Side Hustle Interview 2
Here's our latest interview with a side hustler!As you know, I love creating a side hustle as part of a fast-track path to financial independence because it can make a huge difference (see this calculator for details), enough to actually get you to FI in 10 years. If you have a side hustle and would like to be interviewed, shoot me an email and we can talk over … [Read more...]
Multiple Streams of Income: Helping You Get to Financial Independence and Beyond
You've probably heard the phrase "multiple streams of income". I'm not sure if he started it or not, but I first heard the term in a book written by author Robert Allen many years ago.The idea of multiple streams of income is that you earn money from a variety of sources. Money is flowing into your life from the left and the right, from up and down, from the north and the … [Read more...]
Side Hustle Interview 1
I'm a big fan of creating a side hustle as part of a fast-track path to financial independence.I've written previously about the difference it can make (see this calculator if you don't believe me -- run the numbers with and without a side hustle and the difference is huge) and have experienced this myself in getting me to FI at 42 (though I should have done more).I … [Read more...]
2018 Credit Card Rewards
Yes, it seems pretty late to be posting results from 2018, but what can I say -- time has just flown by.Between all the other posts I've wanted to write, launching a new interview series, and managing Rockstar Finance, not to mention completing our taxes and working to update our estate plans, things have been busy!Like many early retirees say, "Where did I find the … [Read more...]
Why I Sold Rockstar Finance
I have some news for you today!After buying Rockstar Finance in December 2017, I just recently sold it.If you're a blogger or deep into personal finance, you likely know what Rockstar Finance is.If you're simply kinda interested in personal finance, read only a few blogs, and are new to ESI Money, you might not.No problem. Just read Why I Bought Rockstar Finance … [Read more...]
