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7 Rules I Learned After Going Broke in Real Estate Investing

February 24, 2023 by Brett Tams

The following is a real-life story submitted by a fellow blogger. Creating long-term wealth in real estate investing is about understanding the rules and not going broke. I owned seven houses by the time I was 24-years old. I was all-in on the dream of real estate riches and driving a Porsche Boxster. I was […]

The post 7 Rules I Learned After Going Broke in Real Estate Investing appeared first on Good Financial Cents®.

Posted in: Money Basics Tagged: 2, 2021, AAMS, Accredited Asset Management Specialist, Advertising, advisor, agent, agents, All, analysis, appreciation, assets, author, Auto, average, Bank, bankruptcy, bear market, before, Blog, blue, book, bubble, build, building, Built, burnout, business, Buy, Buying, cents, city, cnbc, College, color, Commercial, Commercial Real Estate, commission, contractors, cost, couple, court, Credit, credit score, Crowdfunding, custom, data, Debt, decades, developer, disclosure, diversify, Donald Trump, dream, driving, entry, equity, estate, expensive, experience, experts, Fall, Family, Featured, Finance, finances, Financial Advisor, Financial Freedom, Financial Wize, FinancialWize, financing, first job, freedom, get rich quick, good, Google, green, grey, Grow, hold, home, hot, house, Housing, How To, ideas, Illinois, Income, industry, Invest, Investing, investment, investments, investors, job, Land, lawyers, Learn, learned, lessons, Life, Links, list, Living, loan, Local, LOWER, Main, maintenance, Make, making, Making Money, manage, market, markets, md, Millionaire, mistake, money, More, more money, Mortgage, mortgage payments, multiply, myths, neighborhoods, new, new york, new york times, office, orange, Other, passive, passive income, payments, Personal, personal finance, personal finances, planner, Planning, podcast, pool, portfolio, property, property management, property managers, Purchase, quality, Real Estate, real estate agent, Real Estate Agents, real estate bubble, Real Estate Investing, real estate investment, real estate investments, refinancing, REITs, remodel, rental, rental properties, Rentals, Research, Residential, retirement, Retirement Planning, return, returns, Review, rich, right, risk, sales, scams, science, SEC, selling, Side, single, single-family, Sites, space, states, stock, storage, stories, story, Strategies, tax, Tax Advantages, tenant, The Wall Street Journal, time, town, trust, trusts, united, united states, utilities, value, wall, Wall Street, wealth, wealth management, Websites, will, work, work from home, youtube, Zillow

How To Become a Millionaire Using 10 Simple Strategies

February 24, 2023 by Brett Tams

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

The post How To Become a Millionaire Using 10 Simple Strategies appeared first on MintLife Blog.

Posted in: Financial Planning, Investing Tagged: 2, 2021, 2022, active, advisor, All, apartment, app, apple, assets, at home, author, average, balance, before, black, Blog, blue, bonds, book, Books, brokerage, budgets, buffett, build, building, building wealth, Built, business, Buy, calculator, Career, charity, Children, coffee, color, commute, company, Compound, Compound Interest, cost, Credit, custom, data, Debt, decades, Development, diversification, diversify, dividend, dividends, driving, Early Career, earning, earnings, economic downturn, Economics, Economy, education, efficient, Entrepreneurs, entry, environment, equity, estate, expense, expenses, experience, Family, Family Finances, Finance, finances, financial advisors, Financial Education, Financial Freedom, Financial Goals, Financial Planning, Financial Wize, FinancialWize, food, Food Budgets, four steps, freedom, funds, General, get rich quick, goal, goals, good, Google, graph, growth, habit, habits, Hiring, home, hours, How To, hypothesis, ideas, impact, Income, index, index funds, interest, interview, Invest, Investing, Investing 101, investment, investment strategies, investments, journey, kitchen, layout, Learn, legacy, lessons, leverage, library, Life, list, Living, living expenses, low, luck, Main, Make, making, man, market, markets, math, Media, meta, Millionaire, mindset, Mint, mint.com, mintfamily, Mistakes, money, Money & Relationships, More, most popular, Move, negotiation, net worth, new, new year, offer, opportunity, Other, outdoor, ownership, panic, passive, passive income, paycheck, penny, penny stocks, percent, Personal, personal finance, planner, Planning, podcast, Popular, portfolio, principal, probability, property, quality, ready, Real Estate, rebalancing, Relationships, Research, retirement, return, return on investment, returns, Revenue, rich, right, risk, robo-advisor, Saving, Saving 101, savings, secrets, Sell, SEO, shares, Side, simple, single, social, Spending, Sports, stage, startup, states, stock, stocks, stories, Strategies, Style, target, tax, taxes, Technology, time, title, tools, tracking, Twitter, under, united, Valuations, value, Value investing, versus, Video, volatility, wall, Wall Street, warren, wealth, wealthfront, will, woman, work, working, wrong, young

How I Made Money And Traveled Full-Time In February

February 22, 2023 by Brett Tams

Welcome to February’s business report where I show you how I made money online and traveled full-time last month. It’s time to look at this month’s update and see how I did. If you’re new to Making Sense of Cents, you may be wondering why I would want to publish my business report each month. This all […]

The post How I Made Money And Traveled Full-Time In February appeared first on Making Sense Of Cents.

Posted in: Extra Income, Mortgage, Travel Tagged: 2, 2016, 2017, actual, advice, Affiliate marketing, affordable, All, ask, Auto, average, balance, Bank, bank account, before, big, Blog, Blogging, bold, bonuses, Budget, budget template, build, building, Built, business, Business Income, Career, cents, clear, color, company, country, couple, data, display, earning, earnings, expensive, Extra Income, Extra Money, facebook, Facebook ads, Family, Featured, Finance, finances, Financial Goals, Financial Wize, FinancialWize, Florida, Free, free time, Freebies, fun, funnel, funny, future, get rich quick, goal, goals, great, Grow, growth, guest, guest post, guide, helpful, home, homes, hours, How To, How to start a blog, ideas, impact, improvement, Income, income report, internet, investment, job, jobs, launch, layout, Learn, lessons, Life, Links, list, Live, Living, low, Main, Make, Make Money, make money blogging, Make money online, making, Making Money, Marketing, Media, Media Ads, Mistakes, module, money, Money Management, More, more money, MOZ, new, News, offers, Other, painting, passive, Personal, personal finance, pie, place, planner, Planning, plans, Popular, present, products, Purchase, quality, questions, rate, reach, ready, reminder, rich, right, running, sailing, Saving, scam, Self-employment, SEO, Side, side jobs, single, social, Social Media, space, Spending, Spending Less, sponsored post, story, Strategies, Style, time, tips, title, Travel, trust, update, updates, value, wants, Ways to make money, Weird, WiFi, will, work, work-life balance, working, wrong

How to Invest $500: 13 Ways to Grow Your Money

February 20, 2023 by Brett Tams

Many multi-millionaires started investing small sums, even $10 or $25 per month! The key to making your money grow is putting it in an investment that suits your risk tolerance and goals and adding more regularly. If you have $500 to spare, here are 13 ways you invest it for the short-term or long haul.

The post How to Invest $500: 13 Ways to Grow Your Money appeared first on Good Financial Cents®.

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

February 19, 2023 by Brett Tams

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 […]

The post [Income Report]: 7 Key Insights From Making $151,168.01 In One Month appeared first on Good Financial Cents®.

Posted in: Mortgage Tips Tagged: 2, 2016, 2021, 2022, AAMS, Accredited Asset Management Specialist, action, ad, Advertising, advisor, affordable, agent, All, analysis, ask, author, Auto, average, baby, bankruptcy, basic, beach, before, big, Blog, Blogging, blue, book, Books, build, building, building wealth, business, Buy, Career, cents, chance, coffee, College, color, commission, commissions, contracts, couples, Credit, credit card, Credit Card Debt, custom, data, Debt, decision, disclosure, dream, earn extra money, earning, earnings, Entrepreneurs, entrepreneurship, entry, exercise, experience, experts, Extra Money, Fall, Family, Featured, Finance, finances, Financial Advisor, financial advisors, Financial Freedom, Financial Goals, Financial Planning, Financial Wize, FinancialWize, fixed, formula, Free, free time, freedom, fruit, fun, get rich quick, Giving, goal, goals, good, Google, graduated, great, green, Grow, growth, hold, home, hours, house, How To, hyatt, ideas, Illinois, impact, Income, income report, industry, Insurance, interest, Investing, investment, investments, job, journey, launch, Learn, learned, Life, life insurance, Lifestyle, list, Live, Living, loan, low, luck, Main, maintenance, Make, Make Money, making, Making Money, man, market, Marketing, marriage, married, md, Media, mindset, money, More, more money, multiply, new, new york, new york times, offer, office, one year, online business, opportunity, Other, outdoor, Outsourcing, parents, paycheck, Personal, personal finance, personal finances, Pet, place, plan, planner, Planning, podcast, portfolio, present, pretty, productive, products, project, projects, proof, Purchase, quality, Raise, reminder, Research, retirement, Retirement Planning, Revenue, Review, rich, right, running, sales, science, searching, SEC, Sell, selling, SEO, Side, single, social, Social Media, space, stage, states, stress, student, student loan, taxes, teaching, thankful, The Wall Street Journal, time, toxic, trust, tv, united, united states, upside down, vacation, versus, Video, walking, wall, wealth, wealth management, Webinar, will, work, working, working from home, wrong, youtube

Starting to save for retirement at 40

February 18, 2023 by Brett Tams

couple with kids

There’s something about reaching the big 4-0 that often causes you to re-evaluate your direction in life. And when you do, it’s hard to escape the fact that your day of retirement is indeed approaching faster than you ever thought possible.

If you’re one of those who eliminated debt and made investing for retirement a habit since your 20s, there’s very little to do other than enjoy your 40th birthday and continue on with what you’re doing. But if you’re heading into your 40s having done nothing to prepare for retirement, the prospects can be downright scary.

Posted in: Investing, Retirement, Taxes Tagged: 2, All, apple, average, before, big, birthday, black, Blog, bond, bonds, Budget, Built, CD, certificate of deposit, chance, choice, Choices, city, company, Compound, Compound Interest, compounding, consumer debt, couple, data, Deals, Debt, decades, deposit, dividends, double, driving, earning, Earning Potential, eating out, Emotions, existing, expenses, finances, Financial Wize, FinancialWize, fire, Free, funds, get rich quick, get started, Getting Started, good, gray, groceries, habit, home, hours, How To, how to invest, Income, index, index funds, Inflation, interest, interest rates, Invest, Investing, investment, investments, job, jobs, kids, Learn, Life, Luxury, Make, making, math, mindset, money, More, Mortgage, new, News, opportunity, Other, party, passive, passive investing, percent, place, plan, Planning, poor, property, random, rate, Rates, ready, renovations, Rent, rental, rental property, Research, retirement, Retirement Planning, return, rich, risk, safe, safety, save, second, second job, security, shopping, simple, slack, social, social security, Spending, Strategies, time, time horizon, Travel, under, value, white, will, work, working

Bubbles Trouble: 2 Important Reminders To Help Your Investing

February 18, 2023 by Brett Tams

Manias and bubbles share the same traits, and it’s because they’re caused by the same flaw: our human brains

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How I Made Money And Traveled Full-Time In January

February 18, 2023 by Brett Tams

Welcome to January’s business report where I show you how I made money online and traveled full-time last month. It’s time to look at this month’s update and see how I did. If you’re new to Making Sense of Cents, you may be wondering why I would want to publish my business report each month. This all […]

The post How I Made Money And Traveled Full-Time In January appeared first on Making Sense Of Cents.

Posted in: Extra Income, Mortgage Tagged: 2, 2016, 2017, actual, advice, Affiliate marketing, affordable, All, ask, Auto, average, balance, Bank, bank account, basic, before, big, Blog, Blogging, bold, bonuses, Budget, budget template, build, building, Built, business, Business Income, Career, cents, clear, color, company, country, data, display, earning, earnings, expensive, Extra Income, Extra Money, facebook, Family, Featured, Finance, finances, Financial Goals, Financial Wize, FinancialWize, Florida, Florida Keys, Free, Freebies, fun, funnel, future, get rich quick, goal, goals, great, Grow, guide, helpful, home, homes, hours, How To, How to start a blog, ideas, improvement, Income, income level, income report, internet, interview, investment, items, job, jobs, launch, layout, Learn, lessons, Life, list, Live, Living, low, Main, Make, Make Money, make money blogging, Make money online, making, Making Money, Marketing, Media, Media Ads, Mistakes, money, Money Management, More, more money, MOZ, new, News, offers, one day, Other, painting, passive, paycheck, paycheck to paycheck, Personal, personal finance, pie, planner, Planning, Popular, present, pressure, products, Purchase, quality, questions, rate, reach, reminder, rich, right, running, safety, sailing, Saving, Self-employment, selling, shopping, Side, Side Hustle, side jobs, single, social, Social Media, space, Spending, Spending Less, sponsored post, story, Strategies, Style, surveys, Technology, time, tips, title, traditional, Travel, trust, update, updates, value, Ways to make money, WiFi, will, work, work-life balance, working, wrong, young

Celebrating 10 Years Of Blogging – What I’ve Learned and Love After Earning Over $5,000,000

February 13, 2023 by Brett Tams

This seems completely crazy – it has been 10 years since I started Making Sense of Cents! 10 years ago seems like so long ago, but then it also seems like just last week at the same time. 10 years ago, I had no real dreams or goals for this blog. I was completely anonymous […]

The post Celebrating 10 Years Of Blogging – What I’ve Learned and Love After Earning Over $5,000,000 appeared first on Making Sense Of Cents.

Posted in: Money Tips Tagged: 2, 2021, active, Affiliate marketing, affiliate marketing for bloggers, All, Auto, average, baby, balance, Banking, before, big, Blog, Blogging, bold, building, business, cents, clear, color, Competition, Conferences, data, decision, display, earning, experience, Family, Finance, finances, Financial Wize, FinancialWize, Free, Freebies, fun, funny, future, General, get rich quick, goal, goals, good, Google, great, hold, home, hours, How To, How to Make Money, How to Make Money Blogging, How to start a blog, Income, Instagram, interest, internet, investment, job, layout, Learn, learned, Life, list, Living, Main, Make, Make Money, make money blogging, making, Marketing, maternity leave, Media, mindset, mistake, Mistakes, money, More, more money, MOZ, networking, new, one day, online business, Other, Personal, personal finance, place, planner, pretty, proof, quality, questions, random, ready, rich, right, river, room, running, RV, self-employed, SEO, single, social, Social Media, space, starting a business, story, Style, Technology, time, tips, title, Travel, trust, updates, vacation, Video, will, work, work from home, work-life balance, working

Here’s What I Learned From Working For Millionaires

February 12, 2023 by Brett Tams

Before I became a full-time blogger, I spent a little over three years working as a financial analyst at a small valuation and investment banking firm. We handled situations related to M&A, business valuation, estate and gift tax, and more. Due to the nature of my job, many of our clients were very wealthy. Very […]

The post Here’s What I Learned From Working For Millionaires appeared first on Making Sense Of Cents.

Posted in: Debt, Home, Retirement Tagged: 2, advice, air, Air Conditioning, All, Amount Of Money, app, Apps, average, Bank, Banking, bankruptcy, beat the market, before, bills, Blog, blue, book, Books, Budget, budget app, buffett, build, business, Buy, Buying, car, cars, cents, Checking Account, Clothing, College, coupons, Credit, credit card, Credit Card Debt, credit cards, data, Debt, decision, dividend, dream, drives, Early retirement, earning, Emergency, estate, expenses, experts, Extra Money, Fall, Family, Fees, Finance, Financial advice, Financial Goals, Financial Wize, FinancialWize, frugal, fun, funds, future, get rich quick, gift, gift tax, goal, goals, gray, great, grocery, Grocery Shopping, Grow, habit, habits, Hiring, house, household, How To, How to become rich, Income, Inflation, Instagram, Invest, Investing, investment, investments, items, job, jobs, kids, lawyers, Learn, learned, Legal, legal issues, lessen, library, Life, Lifestyle, lifestyle inflation, Live, Living, Local, Luxury, M&A, Make, make extra money, Make Money, making, market, meal plan, meal planning, Media, miles, Millionaire, money, More, more money, multiple income streams, new, Other, Outsourcing, paycheck, paycheck to paycheck, plan, Planning, portfolios, president, Purchase, rental, rental properties, resolution, resolutions, retirees, retirement, retirement account, return, rich, risk, RV, save, savings, shopping, simple, smart, Spending, Spending Less, statistics, stories, stress, tax, time, title, tracking, traditional, trust, tv, under, value, Value investing, value of time, Vanguard, walmart, warren, wasteful spending, Ways to make money, wealth, will, work, working
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