“While there are no shortcuts to getting rich, there are smart ways to go about it.” – Phil Town, American investor and motivational speaker In my last post, I talked about how your goal should be to manage your income so that you can be free of the confines of a typical job – soRead more
In my last posts, I introduced you to the passive income ratio, which refers to the amount of passive income generated in relation to your expenses. The more passive income, the easier it will be for you to reach your financial independence ratio. Now, when you’re building your Financial Independence Ratio, I’ve got what IRead more
As I mentioned in my last posts, once you start investing, your investments build over time, and you can shift your income from active to passive. I use the term “Active Income Ratio” (A.I.R.) to describe the ratio of people’s earned income to their expenses. Most people start out each month with a 0:1 ratio.Read more
Most of us at some point have been glued to the job. I was lucky in that I was always an entrepreneur, and always thought outside of the confines of a 9-to-5 existence. I was always looking to create a passive income flow. I was always looking for ways to invest in myself in orderRead more
Now, as you dream of a new freedom, a bigger life, and a chance to express yourself as never before, you should understand that a 5 Day Weekend lifestyle doesn’t come easy. I’m not talking about get-rich-quick shortcuts. I’m talking about hustling like mad for a few short years, using sound and proven strategies, toRead more
“Security is mostly a superstition,” Helen Keller once wrote. “It does not exist in nature, nor do the children of men as a whole experience it…Avoiding danger is no safer in the long run than outright exposure. The fearful are caught as often as the bold…Life is either a daring adventure or nothing. To keep ourRead more
In the conventional mindset, it’s security, not freedom, that’s the overriding goal. The irony is that the security for which we sacrifice our freedom doesn’t even exist, as anyone who’s lost his or her job in an economic downturn can attest. Most workers feel their life is put on hold. They have to work, whichRead more
“I am a member of a species that thinks working five days a week for 40 years to pay off a debt created on a bank’s computer screen is freedom.” — Anonymous Somehow, we got it all wrong in our culture. It’s engrained in us that we have to work a minimum of 40 hoursRead more
Imagine that you are earning the same income as you are now, but you’re able to do it by working sixteen hours in two days per week. What would you do with your time? How would you spend your 5 Day Weekend? Imagine the possibilities: More time with friends and family. More time to becomeRead more
In my last posts, I spoke about how you generate passive income without needing to be present for the work – your money still flows even when you’re personally not doing the work. Your money doesn’t sleep. There are various ways to generate passive income, and in the Information Age your passive income opportunities haveRead more
