Ever wonder how the economy really works? I came across this YouTube video that does a great job of truly explaining the economy and how we have our cycles of boom and bust. The video was created by Rae Dalio who is one of the greatest investors on the planet and history. In the video he describes through animation the working of our economy from interest rates to economic policy. What surprised you the most from the video?
Do you have a financial hero? One thing I’ve learned over the years is that everyone needs someone to look up to. This should be the individual you admire the most and someone you would love to become. You always want to be your own person, but why recreate the wheel lol. Here is a great video of one of my Financial Heroes! Mr. Money Mustache ~Don’t Worry The Video is in English This video is basically what Emily and I are striving for everyday…
Would you like to be debt free? Here we discuss how we paid off our debt as well as the key aspects we thought were really important when getting out of debt. Create your first budget with – Everydollar.com
After many years we are finally 100% Debt Free! I’m excited to announce that Emily and I, after being married for 7 years, are now debt free. We made our last credit card payment on Friday March 3rd 2017. This has been a long process. Ever since we got married in June of 2009 we knew that getting out of debt would be our ticket to financial independence. Now that we are here it feels a little unreal. I want to let you know that you can get out of debt, I mean mortgage and all. Yes, it is a
Not 100% Debt Free, Yet Ok, if you have been following me you know Emily and I have our mortgage paid off. But we are not quite 100% debt free yet. As I write this we still have $2,000 in credit card debt that will be paid off finally this Friday. I’m super excited to finally say I’m debt free. Why did I pay off the mortgage, but still have credit card debt? The biggest reason why is because I had a dead set goal of paying the mortgage off in 2016. This is why we paid the last payment
Are you wanting to earn passive income or start a new business in 2017? If you are looking to make passive income in 2017, DO IT NOW. Stop looking for opportunities! The opportunities are endless. If you think you have an idea of what kind of business you want to start, then start. If you fail oh well. You’ll be able to recover and get back on track. The purpose of starting now is to gain experience. Once you have the experience of a with any type of business you’ll be that much more prepared to spot a truly once
Do you have to be great with money in order to get out of debt? Ok, after doing some reflection and trying to figure out how to help people get out of debt…I think I’ve come up with a solution. Shoot for 51% perfection. I’ve talked to a lot of different people on how I got out of debt and they say things like, “You’re so good with money” “You’re smart with money” “You make all the right decisions” Yes, these are all true, but the great thing is in order to get started on your debt free journey you only
Are you interested in increasing your net worth? Well me too! I believe the best way to increase your wealth is to measure it. How often do you hit a goal that you aren’t measuring? I know I haven’t hit too many goals that I’ve never been tracking. So if you are wanting to build your wealth you need to start tracking it. What are you doing to build your wealth?
Why do you want to become financially independent? I woke up this morning in Hawaii. I wasn’t sure what to right today, but as I sipped my coffee looking over the ocean to the sun rise it hit me. This is why I want to become financially independent. I want to enjoy the fun things in life like watching the sun rise over the ocean, I can’t experience this in Kansas. Sipping my coffee listening to the ocean waves hit the beach, the smell of the ocean…this is why I want to be financially independent. I’m not trying to
Would you like to start a morning ritual that kick starts a positive attitude? Over the last week Emily and I have started a morning ritual by listening to Darren Daily first thing when we wake up. These are motivational clips from Darren Hardy. These videos have helped us really focus on the businesses we started and I think the videos will help kick start our success. These clips help me to think about one piece of my life, every day, on where to improve. If I can make these tiny improvements every day for a year by 2018 I’ll see
Is there baggage in your life holding you back? I listened to one of Darren Hardy’s daily motivational videos today. It motivated me to share a little story from my past. Today Darrin spoke about unpacking your back pack of the past. If you are like me you probably are carrying around a whole suitcase full of past failures, setbacks, or your childhood. All three of those situations apply to me, but I want to share a little bit of my upbringing. Some of my baggage or self doubt stems from childhood This story really is the fuel behind my
Hiking the Kalalau Trail is the BEST way to see Kauai inexpensively! Ok, I wanted to share this experience to show people that hiking is a great way to see amazing views and experience new places all while saving money. Sure window shopping is cheap, but to get life long stories that you’ll share with people for years to come, hiking is where it’s at. So, if you are on your way to Kauai, Hawaii you must checkout the Kalalau Trail! It is a breathtaking adventure that costs only a few hundred dollars to enjoy. And yes a few hundred
How Emily and I are saving money during our Hawaii Vacation! Ok, if you are looking to save some money on vacation here are some tricks we use to save some serious cash. If you are not a fan of cooking then this option could be a problem, but if you would rather enjoy a dream vacation then you may need to sacrifice. Now the sacrifice isn’t terrible but you will have to do some cooking. This is how we save so much money on our vacations. Unless you stay at an all inclusive in Mexico your restaurant bill while
Mine and Emily’s 2017 Goals! OK, I know we’re a little late in the month but I decided I want to make these annual goals public for all to see. However, before we get started I want to recap on one of the best years of my life. I’ve done a lot of great things this last year. Not just financially, but family wise as well. The list is as follows: Graduating from Rockhurst University with my MBA in Finance. I’ve paid off my house! I still have an interest free credit card to pay off, that will be taken
Paying off student loan debt isn’t fun but it’s worth it! If you are drowning in student loan debt and want to learn how to get out of the student loan nightmare please take this advice. Emily and I graduated with $57,000 in student loan debt and we were able to pay it off in six years all while cash flowing two master programs. I remember when Emily and I were both sophomores in college thinking about how fast would be able to pay off our student loans. We thought it would be super easy because each of us would be making at least $30,000 a year when we graduated. We were