Above all else I’m about getting cash flow heavy. After all cash flow is where personal wealth starts. If you can achieve cash flow, then you can use money as a tool instead of a treating it emotionally like most of us do.
There are vast numbers of ways to generate cash flow, and one option that keeps on popping up is taking advantage of ‘dividends.’
So let’s take a look at them and find out what all the fuss is about
Continue readingDespite the social mantra, you can’t work your way to wealth.
As long as you trade time for money, you’re part of a losing strategy and here is why.
Imagine starting your working life at the age of 20, and your first wage is worth $65,000.
Continue readingThe first point that has to be made is that these are two different things.
So what’s the difference?
Being Selfish or Self-Centred both put you first, but the real difference is the costs that comes with putting yourself first.
Continue readingSure is! Somewhere we all have a guilty, selfish, perverse dream to take a holiday somewhere exotic. So how long does it take to save for a holiday? Before I move forward, this dream is not selfish, perverse or something you should feel guilty about. As you’ll see you’re going to deserve it more than you know.
Instead it is something that should be chased especially as a personal reward for years of services rendered at your job.
Continue readingPreviously I asked the question of how much it takes to retire early. This same question also is how much it takes to become financially independent.
There were a range of answers all the way from a retirement pension that only provides $24,268.40 per year, through to a real case where the money target was $384,000 per year.
Using average figures along with a multiplier of 2.5 I rounded up to come up with a number of $150,000 per year net.
So what does $150,000 look like?
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