I’m in nearly my 6th year of blogging and I’m more hungry now for information than I’ve ever been before (a wife and a new kiddo will do that to you apparently). In my quest for knowledge this past week, these are the articles that have stuck with me. It’s my hope that you’ll find them valuable as well.
How Do The Rich Invest?
– by Financial Samurai – The interesting thing about the true wealthy is that they don’t really need their money. In other words, they invest their money in non-liquid investments and they just leave them there to grow….and grow….and grow. If you want to be wealthy, figure out how to live well below your means and let your money work for you.
6 Income Generation Ideas to Pay Down Student Loan Debt
– by The College Investor – Are your student loan bills piling up? Don’t know how to pay for them with your day job alone? You might want to look into other income generation ideas – specifically….the six within this article. Some can pay off immediately, while others can take time but are very effective.
Tawcan’s 7 Phases of Retirement
– by Retire by 40 – This guy sounds exactly like me. He’s trying out some passive income ventures, he has some kids, and he’d like to figure out if he would truly like early retirement. If you’re curious about early retirement, then you’ll likely go through these 7 phases. Figure out what they are and how you can get through them to start your early retirement!
The Four Pillars of Personal Finance
– by Don’t Quit Your Day Job – Honestly, personal finance is easy – it’s people that make it way too complicated. There are truly just four areas that you need to understand to do well financially. Nail these down and the rest of your life will be a breeze.
Why It’s Important to Make Your Own Financial Mistakes
– by Frugal Rules – When I was young, I read a lot of books about personal finance and investing. I thought I knew it all. In reality, I knew very little and was just a pompous little kid with an inflated ego. But, the information from the books helped get me started. It was my own mistakes that lead me to where I am today.
Which article was your favorite? I think I was most enamored by the 7 phases of retirement.
My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.