building wealth

What Dave Ramsey Gets Wrong About Real Estate Investing

Dave Ramsey has gotten many people out of debt and helped many others balance their budgets and live within their means. However, Dave has some interesting advice when it comes to real estate investing. He says that you should only invest in rental properties when you can pay cash for them and only comprise 5% … Read more

How To Become a Millionaire Using 10 Simple Strategies

Many set a goal to become a millionaire but fail to make the necessary habit changes to achieve the goal. While many believe millionaires are simply lucky, more often a millionaire’s money is made through grit, “sweat equity,” and financial discipline. Strategies to become a millionaire can be easy to replicate but will also require

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Challenging traditional measures of financial success: Homeownership

(This is Part II in a series about challenging traditional measures of financial success. Part I is The “Ivory Tower”: Reconsidering the college investment. Part III is The 9-to-5 job: Challenging how we earn a living.)

Last week, I was having dinner with my neighbor, a magnetic woman with a free spirit and a really youthful soul. She’s been renting the apartment above mine for something like 30 years.

“Do you ever think about buying a home?” I asked her.

Buying rental property: Sometimes getting rich means taking it slowly

I have two second cousins who serve in the military — both brave young men I am proud to call my family. We don’t always talk much, though. The age gap can be a roadblock and those boys are always traveling around, serving overseas and living on bases in order to fulfill their military duties and finish school.

Still, social media makes it easier than it used to be, and emails are a quick and painless way to stay in touch. So I wasn’t surprised to receive an email from my cousin, Michael, asking for advice on his future financial goals.

So, what’s the deal? As part of his military compensation, Michael will soon start receiving $2,124 per month for housing and wanted ideas on how to parlay that money into long-term wealth.

Rent vs. Buy a Home: Which is Better for You?

The rent vs. buy a home debate is an ongoing one, that seems to rise and fall with property values. With house prices now sitting at record levels, the debate is relevant than eve. This is especially true in high-priced markets, where house prices have reached nosebleed levels, and will require a massive financial investment […]

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[Income Report]: 7 Key Insights From Making $151,168.01 In One Month

Pinch me. Those words describe exactly how I feel when I see the number above. Never in why wildest dreams did I ever think I could build multiple businesses that would allow me to generate that much money in a single month. Never.  Heck, when I graduated college, I’m not sure if I ever truly believed I […]

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Best Investments for Teenagers

It would be great if there were investment apps that would allow teenagers to begin investing with just a few dollars, and make all their own investment decisions. Investment options for teenagers are extremely limited due to legal restrictions. That doesn’t mean you have to sit around and wait until you’re 18 or 21 to […]

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