Let me ask you a question: If you had a steady supply of decent income coming in every month with no effort on your part, would you continue working on your job? If you are like most people, the answer to that questions would be a resounding “No”. The honest truth is that over 95% of people have a job because they have to pay the bills, not because are in love with their job. Nod if you agree. See, there is always that little voice in our heads saying: “I know I am capable of earning a lot more…” … Read More >

Let me ask you a question: Do you dread taking a peek into your bank account? Do you try to find excuses to delay paying off your bills, secretly knowing that there just isn’t enough money in your bank account to cover the bill? And finally, do you always ask yourself “Where the heck did all my money go?”. I can bet a million dollars that the answer to all these questions is a resounding “Yes”. The good news is that you aren’t alone. This also happens to be the story of billions of people worldwide. People who work hard … Read More >

As you might already know, I am a proponent of financial freedom & the ability to have the lifestyle you want. Over the past couple of weeks, I have been receiving many emails.  Many of my students ask me “Why is financial independence important at all”? They argue that if they have a decent job, they are getting a paycheck every month. If they love their work, they are technically getting paid to do what they love. This means that their work isn’t really work – it’s their passion. I agree with them. But I also tell them one simple … Read More >

  I am very confident this post will give you many Eureka moments because it talks about things most people aren’t aware of. Also, if you really pay attention, the content of this email will keep you up at night for at least the next 2-3 days (in a good way of course). See, if you are in the middle class, the only type of income you might have heard of is “salary” or “commissions” or “part time wages”. You wouldn’t have heard of people making money through dividends, royalties, rent etc. This is because all these “other” income sources are not … Read More >

After buying everything for Christmas, I don’t know about you but I’m ready to find a better way to make some green. I mean yeah, I make a good living (though when my office just moved to a new location and I wasted $40 on cab fare getting to and from the office because I couldn’t figure out how to get there on the subway, it feels kinda pointless) but I could still use some income I don’t have to work for. So Just what is Passive Income? I find this particularly amusing. You see, whenever I write an article … Read More >

For all that our future president loves to show off, the vast majority of people who are super wealthy are people you probably have never heard of. Know why? Because most rich people know that it’s better not to be a dam* loudmouth about their money. The fact is that while there are plenty of very showy people who have lots of money, most are people you have never heard of. George Soros and Influence Okay, so if you’re a political and news junky like me, you’ve probably heard of George Soros. For the rest of you though, you’re probably … Read More >

Look, I get it – you feel like you’re in control of your finances and you think that you understand everything. You’re the king of the friggin’ world. Yeah, and I’m Donald Trump. Not. The fact is that we all do financially stupid things at one point or another; but if you do all seven of these things then you are indeed the king – the king of the financial fools. Living Beyond Your Means Hey, I get it – you want to keep up with the Joneses. Well good for you. You go and piss away your future just … Read More >

I wear a Rolex watch and dress in smart clothing from the likes of Zegna, Armani, Canali and Hickey Freeman. I know that this description probably doesn’t sound like someone who is frugal, though it maybe sounds like a douche who likes to show off. The truth is though, I’m both – I am frugal and yeah, I do like to show off. I’m just not cheap. Now I know what you’re thinking – frugal is just a nice way to say cheap. As in, he squeezes a nickel so hard the Indian cries (old joke but you get the … Read More >

To hear our future president tell it, China is the big bad wolf in the room. In fact, there is a whole meme of Donald Trump saying nothing but China. But is China really rising? Are we all doomed to speak Mandarin? Will the Statue of Liberty be relocated soon to the South China Sea? Well, not really. Though a whole heck of a lot of is happening when it comes to the Chinese and the East in general. They’ve Got a Lot of People. I Mean a Lot of Them The first thing to realize about China and the … Read More >

So you want to be rich huh? Fat chance. No, literally, fat chance. Turns out that one of the many things rich people know that the average Joe is clueless about is the fact that junk food is a killer. Who knew? That Big Mac might taste good but it’s holding your wallet back too. Must be a conspiracy of the rich to keep the poor suckers down, huh? But seriously, you wanna be rich? Check out my advice: Quit the Crap Fest Turns out that 70% of rich people tend to avoid junk food like the plague. One of … Read More >