This may sound surprising but….we don’t care what your net worth is, and here’s why: First of all, what is net worth? Net worth is defined as the total wealth of an individual, company, or household, taking into account ALL financial assets and liabilities. Net worth is the typical gold standard of financial progress. If […] Read more
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Pivotal lessons are far from easy. You can find tons of short-term financial advice online. These “experts” know exactly which stocks will go up and which cryptocurrency is about to skyrocket. It’s exciting to think about multiplying your money in the next two weeks. Nonetheless, it’s also dangerous. The best lessons in finance, business and […] 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
The stock market can be a scary place for your money (especially for the money you plan to retire on). And you don’t have to put your savings into stocks. But are the alternatives any better? Robert Kiyosaki is one of the few financial “gurus” who doesn’t advise you to park your life savings in […] Read more
Is your taxable income too high? Do you dread sending in quarterly and annual payments to the Internal Revenue Service? What if that could be less painful? Comment on YouTube If you send money to the Internal Revenue Service on the regular, you’re missing out on an opportunity? There is a way to get rich […] Read more
Tax refunds are fun to receive but could they be eating away at your long term wealth building? Comment on YouTube Do you depend on your tax refund as a forced savings strategy? You’re too likely to spend that money if it ends up in your bank account. So, you send it to the […] Read more
You probably don’t like taxes. They take a good cut of your income. They’re a giant headache. And the government spends your tax dollars without consulting you. It’s easy to think you should minimize taxes. But that’s not necessarily the key to success. In fact, paying less now can increase your tax bill in the […] Read more
Financial Independence, Retire Early… Easier said than done, right?!? Financial Independence is the moment your investments start paying more than your expenses. And when this happens, you’re ‘free.’ Freedom from trading your time for money. Free from having to work for a living. Freedom from having to worry about bills or paying rent on time. […] Read more
Listen for a history of income tax and how it can impact your wallet! Wars have been fought with silver bullets but Civil War history offers little consolation. Modern income tax was introduced in 1913 as a tax for the very top earners – irrelevant to most Americans. But in 1942, the script was flipped, […] Read more
