Build Your Financial Nut: 401(k) Retirement Contributions Matter Less Over Time

In order to achieve financial freedom, you must build your financial nut as large as possible. Once you have a larger enough financial nut, it will be able to generate enough passive income to cover your living expenses. This is the true definition of financial independence. In some years, your financial nut will return an […]

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Sports Hustling As A Way To Make Extra Money

No sooner had I published Income Profiles Of Financially Free People, did I get an e-mail from one of my online business partners saying, “NO WAY! Those profiles are absurd!” Since he pays many full-time bloggers at least a hundred thousand dollars a year, he was the last person I thought to not believe there are plenty of enterprising people

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Passive Income Is Much More Valuable Than You Realize

Every week I spend time reviewing older posts to ensure they are updated with the most pertinent information possible. Keeping posts fresh and useful is one of the many duties of a professional blogger. Posts that I wrote five years ago are still getting tens of thousands of visitors a month because like a bonzai tree, they are carefully maintained. There’s always a

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Bankers, Techies, Doctors, And Lawyers: You’ll Never Get Rich Working For Someone Else

There’s a lot of wealth to be made in this world. And yet there’s so much truth to the saying you’ll never get rich working for someone else. You might think that sounds crazy. But, when you look at the super rich, you’ll realize the majority of them were able to get rich by hiring

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Three Immediate Solutions To A Housing Affordability Crisis

I live in San Francisco, where I can’t go a day without hearing how unaffordable it is to live here. Let me share three immediate solutions to a housing affordability crisis. The media loves to excoriate the tech companies for pricing out poorer residents who’ve been here for decades. Ironically, the majority of techies themselves can’t afford to

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Confessions From An Aging Active Investor: Outperforming Is Tough In A Volatile Market!

Being an active investor takes way more time and energy than a passive one. You can learn more about active versus passive investing performance here if you’re curious. So far this year, managing my own investment portfolio has been difficult. Trying to be an active investor is exhausting and hard on the nerves. Do you

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How A Bad Credit Score Ruined A Person’s Career

I’ve made the argument a good credit score doesn’t matter much anymore. So if you have a bad credit score, all isn’t lost. The post gave examples of renting an apartment, finding a job, buying a car, and getting into school where the credit score didn’t help or hurt at all. Even SoFi, one of the largest emerging student lenders

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Tips For Borrowers Of Peer-To-Peer Lending: Insights From A P2P Investor

Here are are some tips for borrowers of peer-to-peer lending. Peer-to-peer lending has become a popular way for more borrowers to access money beyond going to a traditional bank. Frankly, I think getting a personal loan from a marketplace like Credible is the most efficient way to borrow money nowadays. Rates have come way down

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