7 Cures for a Lean Purse: Money Secrets from the Ancients
Unfortunately, we live in a country where many people do not have a lean purpose, and in all actuality that have an absolutely ton of debt that is prohibiting them from potentially ever reaching financial autonomy. But don’t worry, I’m here with a chapter recap of ‘The Richest Man in Babylon’ to teach you the […]
7 Ways to Prioritize Saving with a Budget Calendar
Have you ever heard of a budget calendar? Personally, I use one nearly every single day of the week and it saves me a ton of time and money, as well as keeping me on track with my budget without physically having to go in and track my expenses every single day. And not only […]
Why the Financially Literate Can’t Build Wealth: 5 Major Reasons
Updated 1/17/2024 Understanding finance basics doesn’t mean you’ll instantly begin building wealth. There are still several attributes that can lead you to fall short of your financial goals. Personally, the best way for me to learn is with specific guidelines and a plan of action. I know that not everybody learns best this way, but […]
Don’t Work for Money and You’ll Become Rich, says Rich Dad
One of the most important lessons that Robert Kiyosaki teaches in his best-selling book, Rich Dad, Poor Dad, he tells us how important it is that we don’t work for money. If you’re like me, this instantly seems contradictory, but the more that I read the book and heard the lesson over and over, I […]
What the Sinking Fund Formula Is – How it Can Help You Save Money
Have you ever heard of the sinking fund formula before? To be honest, I hadn’t but it was something that I had used before without even knowing that it had an official name! And if I was a guessing man, which I am, I am guessing that if you are even little bit as infatuated […]
The Surprising Disadvantages of a Savings Account (A Secret of the Rich)
A lot of people will think that the best place for their money to be is in a savings account, but that’s just not accurate, and quite frankly, it actually makes me very sad. In the most recent chapter that I’ve read in Rich Dad, Poor Dad, Robert Kiyosaki, author of Rich Dad, Poor Dad, […]
How to Use the Doctor Budget Tool to Set Your Finances Straight
Recently, I was fortunate to be invited on the Investing for Beginners Podcast and talk about my personal finance experiences and introduce Doctor Budget to the world! It was a very surreal feeling for me to be on the podcast as the podcast was legitimately the avenue that got me into investing a couple of […]
An Example Starter Emergency Fund to Get You Through the Next Crisis
Now is as timely as ever to discuss the importance of an Emergency Fund, and if you don’t have one currently and are wondering how you can get one going, don’t worry – I’ll show you how to begin your starter Emergency Fund. First off, what is an Emergency Fund? An Emergency Fund is just […]
Personal Financial Planning Means Tracking EVERYTHING – How to Do it
The reason that I started writing blogs for the Investing for Beginners Website is because I think that there is a major gap between financial literacy for the common person and the financial goals that the common person might have. A lot of times the answer is to get a financial planner, but I am […]
How to Identify a Cash Flow Pattern of an Asset (from Rich Dad, Poor Dad)
As I continue to read through Rich Dad, Poor Dad, I must say that it’s becoming one of my favorite books and admittedly a book that I read much earlier in my investing and finance journey. In this chapter, Robert Kiyosaki focuses on explaining the differences between assets and liabilities and the true cash flow […]
