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 month or so. My plan is to take mid-January through beginning of April off from writing as we'll be vacationing in Florida. ;) As such, the numbers I'll be … [Read more...]
How to Become Wealthy with Low Earnings
As long as I've been blogging (which is over 15 years at this point), people have always been very interested in how to become wealthy while earning a low (or lower) level of income. I think this is because of a couple reasons. First, not everyone can be a doctor, lawyer, executive, etc. I get that. Earning $250k+ is not an option for most people. Second, I think … [Read more...]
The Sixth Million is the Easiest
Hahaha. I couldn't resist on the title for this one. But once again, compounding has shown us its massive power and I simply needed a way to emphasize that. Let me explain... The First Million is the Hardest Several years ago I wrote a post titled The First Million is the Hardest. The introduction to that post started with this: Some say that hitting your first … [Read more...]
What’s It Take to Be Rich?
Today we have a special Sunday post. It's unique for a few reasons... First, I usually don't post on Sundays. Second, this will be a very short post compared to most of the ones I write. Third, this post will focus on what you think and why instead of what I think and why. :) To summarize, we are having a very interesting discussion in the Millionaire Money … [Read more...]
Can Anyone Become Rich?
As you might imagine, we discuss a wide range of topics in the Millionaire Money Mentors forums. One recent post there had an unusual amount of conversation around it. I wanted to share my thoughts on the topic as well as hear from ESI Money readers. It started with a post titled "Why do some people never get rich?" and then shared a Quora answer from Andrew Ferebee … [Read more...]
2020 Financial Year in Review and 2021 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 month or so. 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 verified, … [Read more...]
7 Financial Numbers You Should Keep Track Of
I have a laundry list of potential article ideas. About 637 of them to be exact at the time of this writing. I keep them in a spreadsheet on a tab labeled "article ideas" next to the tab where I track all the posts on ESI Money. The ideas are collected from thoughts and experiences I have, books and articles I read, etc. Basically it's a brainstorming list I can review … [Read more...]
Atomic Habits to Become Wealthy
A few months ago a friend and ESI Money reader recommended I check out Atomic Habits. I had heard of the book (of course) and since this friend has regularly suggested great books for me to read, I added it to my list (which was pretty long at that point). I got to it sooner than I expected and devoured it within a couple days. To say I loved it is an understatement. … [Read more...]
10 Things I Learned While Working For The Rich
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...]
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...]
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