Tag: income
-
Chapter 35: More Money More Problems?

Ice Soup? Why is it that 55-63% of Americans are living paycheck to paycheck? It doesn’t seem that the problem is income, since about 40% of earners above $100k are living paycheck to paycheck. What causes these issues? Anyone earning less than $50K a year would be blessed to have an extra $50k. Lifestyle Inflation…
-
Chapter 24: Risky Money

With interest rates rising, investing is paying less than actually holding and saving cash. What should one do? Hoard all the cash possible and save it? If you don’t save properly it will just get eaten away by inflation but ironically having access to liquid cash could also be a hedge against it. What would…
-
Chapter 20: Passive Income

Getting paid to do nothing is one of life’s greatest achievements. It’s like getting paid to sleep. Seems too good to be true right? Well it is and it isn’t. Getting to a significant livable passive income is the difficult part, but at least the path there is easy. There are many ways you can…
-
Chapter 7: Budgeting

If you’re spending money, you have to know how much is readily available to you. Starting a budget is one of the simplest things you can do to keep track of all income and expenses. Even though it’s simple, doesn’t mean it’s easy. In simple terms it’s income -> expenses. It’s not so simple because…