• Cash Flow,  Financial Freedom,  Making Money

    10 Valuable Assets To Buy In Your 20s

    My person definition of “investing” is the acquisition of cash flowing assets. This definition doesn’t fit everyone, but it’s how I’ve come to frame my investing decisions. Regardless of whether cash flow is at the top of your list, acquiring assets throughout your life is a recipe for a financially free future. I define “asset” as anything that returns more monetary value than you spent to acquire it. And I have here a list of 10 assets that anyone in their 20s should be looking to invest in. 1. Dividend Stocks Benefits Regular payouts in cash Very passive Big gains can be realized over long periods of time Drawbacks Very low cash on cash return Very average overall return on investment Meaningful growth takes a long time Dividend stocks are my top asset pick for someone in their 20s. The…

  • Making Money,  Planning

    How To Spend Less Than $100 A Month On Food/Groceries

    Spending $100 or less on groceries today is quite the challenge. And with the ever present force of inflation slowly pushing prices up and up, it only gets harder to survive on that $100. The last time I lived on such a budget was more than a decade ago, but the same strategies that got me through the poorest time in my life still work today. And even though I have more flexibility today with my financials, I’ve always been tight with money, and I’ve picked up some new ways to make each dollar go farther. My College Days I graduated in 2008, so it’s been a little while now and food is more expensive now than it was then. However, I’m no stranger to the $100/month meal plan. I worked for the school cafeteria about 20 hours a week…

  • Cash Flow,  Making Money,  Web Publishing

    How Much Do Bloggers Make Per Post?

    Every blogger, every blog and every blog post has different earnings numbers. There are many factors that affect how much you can make from blogging. However, when we look on a broader scale and average together hundreds of articles, I think we can deduce what the average blogger makes per article. This is exactly what I’ve done. Although to be fair my numbers today are based primarily on the earnings from my own blogs. All in all I believe the average blogger who studies, works hard and perseveres to reach the 100 article mark can expect to make at least $2-5 per month for each article they write. Now I’ll show you where I got that number. Two Ways To Think About It There are two ways to think about how much a blog post makes. Each way has it’s…

  • Borrowing,  Financial Freedom,  Making Money

    How to Double Your Money in a Year

    If you could double $1,000 every year for 10 years, you’d be a millionaire. Doubling your money in a year is something that sounds easy when you say it out loud, but when you realize that this means you would have to get a 100% return on your money it doesn’t sound as easy. If you put your money in the stock market, you’ll be lucky to get 20% on that investment in a year. So how on Earth could a person invest their money and have a pretty high confidence that they’ll double their money in a year or less? I’m in the process of attempting to double a $100,000 investment and I’ll tell you exactly how I plan to do it in about 9 months. Plus I’ve got a few other ideas to share with you. These aren’t…

  • Cash Flow,  Financial Freedom,  Making Money

    How To Get 30 Percent ROI On Your Investments

    Yes it is possible to consistently get 30% ROI on your investments, but it’s not possible through your typical methods of investing. In the five years since I’ve started investing seriously, I’ve seen that returns of nearly 30% are possible in real estate. And we’ve achieved that mostly through investing in Airbnbs. I also have investor friends who have seen returns even far greater than 30% through purchasing businesses. So let’s look at the two repeatable ways I’ve seen investors get 30% ROI or better, and maybe some examples of other huge returns that may not be as repeatable. Can You Consistently Get 30% in the Stock Market? For someone to get 30% ROI over a long period of time in the stock market is truly exceptional. Many consider Warren Buffet to be the greatest investor who ever lived, and…

  • Cash Flow,  Making Money

    The Three Rules Anyone Can Use To Save Money

    An argument could be made that there is really only one way to save money, by spending less than you currently spend. However, I don’t think this observation is particularly helpful. It’s quite easy to come up with examples of money saving habits, but each example only applies to some, not all. I wanted to come up with a few generic rules that can be applied to everyone. Here’s my attempt at creating the three rules that anyone can use to save money. Budget Reduce recurring expenses Rework your debt Before we get started, let’s set up an example that we can reference throughout the article. Here’s your imaginary finances: Income: $2,000 per month Mortgage: $700 per month Student loan: $400 per month Rule #1: Budget (of any kind) First and foremost, a person must have an awareness of what…