When the media talks about wealthy people, you inevitably hear about their net worth. And it might make you feel like you have to grow yours as quickly as possible. But your net worth is only one metric for financial health. What really matters is that you can enjoy your life without worrying about going […] Read more
We all know budgeting works. If you always stick to a budget, you don’t worry about running out of money and know you’ll have enough money for vacations, hobbies and other things you love. But Budgeting means restricting yourself. It could mean canceling on friends because you can’t afford any more restaurant meals. Or settling […] Read more
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Financial vision… Think of it this way. What do you want your financial future to look like? This question sounds abstract. But it could be the most important decision you ever make. Why? If you want to start a business empire, you’ll need radically different financial strategies than someone who wants to retire early. Having […] Read more
Most people take decades to pay off their mortgage. The monthly payments are a constant expense. And if you can’t pay them? The bank takes your house and puts you on the street. Velocity Banking promises an escape: Use a line of credit as your primary bank account and pay off your mortgage as quickly […] Read more
Budgeting with variable income feels impossible. Budgeting in general feels like a chore. You know you’ll feel better afterwards, but it’s painful to limit yourself in buying the things you love. When you’re on a variable income, it’s easy to tell yourself that budgeting doesn’t work for you. But that’s not true. In this episode, […] Read more
How to make your financial life simple? Bonds, stocks, put options, call options, cryptocurrency, and derivatives… there are thousands of ways to invest your money. Understanding how all of these work is a full-time career. But you’ve probably heard it said, “You likely shouldn’t invest in something you don’t understand.” So, how do you create […] Read more
Going broke is heartbreaking. Everything you’ve worked for evaporates in front of your eyes. You feel as if you wasted all those years. But when you do lose money, you have two choices. (1) You can restart your failed strategy that failed before. (2) You can learn from your failures and grow your wealth sustainably. […] Read more
Hey, small business owner… Growing your business feels awesome. You have more clients, work with a bigger team and make a bigger impact. But when you work hard to grow your business, you also deserve to get rewarded more. That’s why you need to look at your profits, not your revenue. This week’s guest Jonathan […] Read more
There’s no step-by-step plan to get rich. Even if your career is skyrocketing, you might have to care for a parent, lose your job or have a terrible accident. Things outside of your control can always get in the way. But you can ensure you’ll never be poor with simple financial strategies that keep you […] Read more
Regarding a tax increase, there’s only 1 prediction we’ll make: You’re likely to hear a lot about them in the next 1 to 4 years. Whether you’re making 30,000 or 30,000,000 dollars per year, it always hurts to write the government a check for a portion of your money. And with a worldwide crisis wreaking […] Read more
