Buy Then Build is a great resource for investors looking to buy a business. The author, Walker Deibel, is a self proclaimed “acquisition entrepreneur,” which is what he calls the intersection of entrepreneurship and investing. Overall, I strongly recommend the book for anyone interested in buying a business for the first time. Real Estate Was Too Slow I became interested in buying a business after setting some pretty over the top financial goals. Kate and I were making $70,000 a year from our Airbnb investments, allowing Kate to quit her job. But we wanted to create $350,000 of yearly income over the next two years, and real estate investing wasn’t going to get us there. As I continued researching the most lucrative investments, the one that clearly seemed to be the best for both short and long term was business…

Last year I decided to write down some affirmations to read aloud to myself every day. This year I wanted to try recording my affirmations and listening to them instead.

It’s Christmas time 2020 while I’m writing this, and to treat myself I decided to write an abbreviated version of a fun idea I had when I first started this blog. There are millions of humans in our world that make a yearly salary of approximately $40,000 USD. Some of them will go on to become extremely wealthy, while others will eventually declare bankruptcy. I thought it would be interesting to explore what takes a person making $40,000 per year into extreme debt, no wealth, some wealth, or extreme wealth. How much can our actions, our personal finance knowledge/execution and our investing knowledge/execution really affect our eventual net worth? Let’s find out. How To Turn $40,000 Per Year Into Extreme Debt First, it’s important to understand how a person ends up in crippling debt. Financially speaking, being in a spot…