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The 7 Stages of Financial Independence
“It takes time to reach ideal financial freedom. There are typically 7 different stages of Financial Independence but everyone’s path is different. This is the most realistic path for the average person to reach Financial Independence.”
The “Rule of 72” and How it Works
The “Rule of 72” is actually a formula which can let you know either how long in years an investment will take to double at a specific rate or what rate of return you need for an investment to double over a specific timeframe. Essentially, if you know either an expected rate of return or a timeframe you hope your investment to double in, you can solve for the other value.
The 5 Different Types of Financial FIRE
“In fact, there are many different types of FIRE with different methods and goals for how to get there. We’ll talk about the 5 most common now!”
3 Millionaire Mindset Changes to Increase your Net Worth!
“If you’ve ever watched the pre-game to any kind of sports event, you’ll probably notice most of these pro players sitting off to themselves, headphones on, looking like they're just trying to tune out the world. That’s what they are doing from the outside because what they’re doing on the inside is so incredibly important. They’re getting their mindset right for the game so they can be successful. They’re trying to visualize and remember the most important aspects of their game so they can succeed on the court or the field. But when it comes to personal finance, what’s the right mindset for becoming a Millionaire?”
Teach Kids Money! 3 Tips to use an Allowance to Teach Personal Finance | Financial Fatherhood
“One of those tough parenting challenges is trying to get your children to understand the value of a dollar. You want them to be provided for but don’t want them to feel entitled or think their toys or video games just appear out of thin air. Most importantly, you want them to be prepared for the future.”
What is F.I.R.E. Really? The mysterious Financial FIRE Movement…
“The Almighty F.I.R.E. Whatever brought you here, you may have heard about this mysterious term, F.I.R.E. that seems to magically make people rich and let them travel the world. But what really is F.I.R.E. and how can we get it?”
Buying your First House? 5 Terms you NEED to Know Before Making an Offer!
“Many home sellers look at different conditions within an offer before making a choice. So, for all the new home buyers out there, we need to cut through the chaos and explain some terms.”
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