While working in real estate and being a real estate agent are fantastic careers, there are many other ways for realtors and other real estate professionals to make extra money by being creative. Any of the typical problems of being in real estate may have you looking for some extra income, to include: not having enough listings, high lead cost, advances in technology. A key part of being … [Read more...]
Financial Freedom Report – December 2022
Here is my December 2022 journal report on my path to financial freedom. This is part of an on again, off again financial journal about how I am moving towards financial freedom in less than 10 years. The plan is to make far more regular updates to this in order to keep ourselves accountable. Side Hustle(s) Update Continued side hustle #1 Re-started 2nd side hustle Re-did 2nd side … [Read more...]
Best Books For Financial Freedom
According to a recent survey, over a third of people turn to “family and friends” for financial advice. Couple that with the fact that the federal reserve still reports that the average American family not being able to pay off their own credit cards on a monthly basis. This highlights a interesting contradiction in the fact that most turn to people for financial advice whole themselves have … [Read more...]
Universal Life Insurance vs Whole Life Insurance? Which Should You Get?
If you're looking for a life insurance policy that will grow your wealth while you're alive and still provide financial security for your loved ones after you're gone, then you should take a look at universal life insurance vs whole life insurance. But which one is right for your financial goals? In this article, we’ll break down the differences between standard universal life insurance and whole … [Read more...]
Financial Independence vs Financial Freedom
Searching "financial freedom" on Google will reveal that it is often used interchangeably with "financial independence." However, the two concepts are actually quite different. Let me use the analogy of a child growing up. At first, your goal for them as a parent was for them to become independent so they don't require constant attention and can safely take care of themselves. Just like … [Read more...]
Can It Keep Going Up?
When it comes to the real estate market, there is a question going around if it can continue to go up and become more valuable for sellers. When it comes to the affordability of a home, it ultimately breaks down into three components which are the price of the home, wages earned by the buyer and mortgage rates. Mortgage rates have dropped from 6% to 4%. Finally, make sure to look into foreclosures … [Read more...]
What Is Financial Freedom?
When people first hear about being financial freedom, the first thing that comes to mind is thoughts of luxurious houses, extensive vacations, and smoking cigars in dark rooms where massive deals are being made. What does financial freedom mean to the average person? That is what is article is set to explore 3 things, what financial freedom is, different frameworks and strategies on how to … [Read more...]
Wealth Snowball Strategy: My Financial Freedom Plan In My 40s Even After A Financial Meltdown
Bonus Material: Get the free wealth snowball calculator to tell you how many assets you need to acquire and how long it will take you to be financially free This strategy isn’t ideal for everyone. It’s designed for people who want to be in financially free and are interested in systematically acquiring assets that produce cashflow on a consistent and scalable basis and are tired of the wall … [Read more...]
Wealth Pyramid: The Clearest Path To Financial Freedom
Bonus Material: Free calculator that will tell you returns what returns you need to retire in 10 years or less It is important to develop a plan for your financial freedom that is based on a framework, principles and tactics that are repeatable. Financial empowerment will come once you develop a concrete framework that is repeatable. The wealth pyramid a framework that helps individuals map … [Read more...]
Financial Freedom Report June 2020
Here is June 2020 report on my path to financial freedom. This is part of an ongoing journal about exactly HOW I am achieving financial freedom in less than 10 years. Side Hustle Big Events Moved chunk of cash to save for next real estate property into my "Vault" (aka insurance policy) Paid 1st mortgage payment on real estate property #2. Continued side contract consulting work … [Read more...]