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Bankruptcy, Millionaires, and Financial Independence

Quite often during my “hunker down and write some kick-butt articles” time, I find myself lost in the writings of others. This past Wednesday evening was no different (thanks to some great finds from J. Money at Rock Star Finance). From 7pm until 9pm, I read through approximately 10 posts and was absolutely riveted by five of them (the other five…sorry guys…not that riveting. Do better next time).

1400865_sunsetAfter reading these posts on bankruptcy, millionaires, and financial independence, I just couldn’t help but share the concepts with all of you, my faithful readers! Sit back, grab your favorite cup of coffee, and enjoy! πŸ™‚

One Thousand Days of Early Retirement

– by Root of Good – Justin has been retired for 1,000 days – not by choice, but he was ready. This is exactly the position I want to be in someday. I’m not sure I’d ever want to get fired, but if I do I’d love to never have to go back. Stay tuned for that story.

Financial Lessons That Led to Bankruptcy

– by Life on a Budget – On the other end of the spectrum, there are bankruptcies happening every single day. I often write about how you can earn more money or how you can invest and become a millionaire, but at times we all need to read a bit about what NOT to do. This is one of those posts. Unfortunately, Latoya had to live this lesson…

8 Questions to Ask Before Investing in Anything

– by Mom and Dad Money – As I’m about to invest in my own Motif in the next few days, this was a timely article for me. If you’ve ever thought about investing, first make sure you’re ready. Answer these 8 questions and you will be.

Create an Abundance Mindset to Grow Your Wealth

– by Financial Samurai – This couldn’t be more true. Your actions will follow your mind. Simple as that. If you continually think about earning $100,000 a year, your path will become quite clear how to get there and you WILL get there. If you think that earning $50,000 a year is enough, then you’ll likely earn that for the rest of your life. Beware the power of your mind.

How to Become a Millionaire: The Ultimate Guide

– by Bigger Pockets – When someone becomes a millionaire at the age of 30, I tend to listen when they speak…or read when they write, rather. Brandon wrote an excellent post on the art of becoming a millionaire. Guess what the key to the article was? Basically, it’s all in your head!

My favorite post? The Samurai’s post on abundance. Think big, win big.

Money

AUTHOR Derek

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.

7 Comments

  1. I loved Sam’s piece at Financial Samurai. I’ll definitely check out these others I’ve missed. There is so much available to read, it is nice when people dig through the bad so they can recommend the good. Thanks for this service.

    • I figure since I dig through so many articles anyway, I may as well share the best ones with my readers! πŸ˜‰ Glad you appreciate it!

  2. Thanks for the articles! I have never heard of a motif…how did you hear about that? That would be a great article idea to write about πŸ™‚

    • Article is coming soon! πŸ˜‰ I heard about it through a blogger friend. I’m partnering with Motif now. The plan is to make some trades myself, understand the value, and then potentially promote it to my readers if I believe in it! It’s pretty exciting stuff, so stay tuned!

    • You’re welcome, Latoya. It was a great read!

  3. Ha ha, glad I made the cut in the “riveting” category. πŸ™‚

    Best of luck joining me in the FIRE camp!


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