As we close out the year, it’s time to reflect on the lessons that shaped my financial journey. Over the course of 52 weeks, I’ve uncovered practical, transformative insights—from boosting savings to mastering passive income. Here’s a roundup of the most valuable lessons that can help you level up your financial game in 2024. (also,…
Tag: Passive income
Reverse Engineering My Way to Financial Freedom: Scaling Dividend Income from $100 to $10,000
If you want to enjoy your journey in personal finance, it is to keep things simple and focused on clear, achievable goals that align with your vision of financial freedom. With that being the case and in my effort to simplify my dividend investment plan, I have done the hard math to be able to…
How to Achieve Financial Independence by Your 40s—It’s Easier Than You Think!
Do you feel like you are getting old without much to show for it in terms of wealth building or retirement savings? This is a fear that increasingly more and more people are starting to feel, especially those approaching their 50s or 60s. One way to avoid feeling fear and be as financially ready as…
Saving for a Sunny Day: Reframe Your Financial Mindset for Freedom and Security
Ever considered saving for a sunny day, instead of the old adage about saving for a rainy day? And I mean this literally—saving for that sunny day at the beach, or whatever your version of sunny is. If saving for a rainy day sounds dull and uninspiring, why not reframe it into something more positive…
Stocks as Legacy: Discover the Surprising Benefits of Creating Generational Wealth with a No-Sell Approach
The more I delved into investing over the years, the more I kept reading about the ‘never sell a stock’ crowd, those who refuse to sell virtually any of their good stocks, even if the revenue from it could bail them out of jail! But after my own experience with investing for the last 15…
From Surviving to Thriving: Mastering the Three Stages of Financial Success
If given the choice, would you rather achieve financial security, freedom or security? If you are a bit confused and not sure which one to choose, don’t worry, most people are. In fact, we think all these represent one and the same concept of being financially set. And while that may be true, there is…
From ‘Why’ to Wealth: A Surprising Path to Financial Freedom
When life throws you a fast curveball, having a strong “why” will help you stay focused and resilient, enabling you to adapt and keep moving forward with determination and purpose.
Forget Stocks! Why Now Is the Ideal Time to Invest and Let Your Money Grow for a Year or More
The current financial landscape offers a unique blend of opportunities and challenges. While soaring interest rates may pose concerns for mortgage holders, they also bring a silver lining in the form of historically high savings account rates.