Today, I’m going to take a traditional phrase and flip it around. Many of you have likely heard the phrase “the time value of money” as it pertains to spending, saving, or money growing through compounding interest. By flipping the […]
You Made Money in Stocks, Now What?
It is no secret that there has been a massive surge of retail investors buying stocks during the pandemic. Between ‘meme’ stocks, a ‘YOLO’ (You Only Live Once) / FOMO (Fear of Missing Out) environment, massive government spending, stimulus checks, […]
Step 6: Review Your ‘Race’ Status
Updated: May 2021 We’ve completed the first five steps of the ‘Rat Race Off Ramp’. Now, we are on to the final step: Step 6: Review Your ‘Race’ Status. Building wealth and achieving financial freedom is a lifelong endeavor, and […]
Step 5: Ramp Up Your Savings
Updated: May 2021 Once you tackle your debt and have it under control, you can start taking leaps forward towards your ‘Off Ramp’. Ramping up your savings will allow you to accelerate towards your financial goals, increase your net worth, […]
Step 1: Set YOUR Goals
Updated April 24, 2021 In my last post, I updated and shared an overview of the “Six Steps of the Rat Race Off Ramp.” Today we’ll start taking a deeper look at each step, starting with Step 1: Setting YOUR […]
6 Steps of the ‘Rat Race Off Ramp’
Updated on April 7, 2021 Over the last few blog posts, I wrote about the “Latte Factor,” excuses for not saving money, and the ‘why’ for your money. These were lead ups for getting back to the ‘Six Steps of […]
What is the ‘Rat Race Off Ramp’? And what are ‘F.I.’ and ‘F.I.R.E’?
Wake up, go to work, come home, go to sleep, repeat. Work, get paid, spend, repeat. These are the cycles millions of people go through constantly all over the country. And sadly, millions of these people will go through this […]