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January 2021

Financial Blueprint

What’s so important about Non-Income Generating Assets?

Photo by Elizeu Dias I was at a seminar many years ago where I spent several hundred dollars in order to be there and I also had to give up a whole Saturday. On top of that, I had to travel several hours out of state to attend the session. Read more…

By Wealth Builder, 4 yearsJanuary 29, 2021 ago
Financial Blueprint

The 7 Primary Tactics of a Wealth Builder

Photo by Blogging Guide I have been privileged to have had the opportunity to have worked with dozens of individuals who have created significant amounts of wealth. Although each of them have done it through different mechanisms, they all have followed a similar “blueprint” of sorts that have very common Read more…

By Wealth Builder, 4 yearsJanuary 27, 2021 ago
Financial Blueprint

An alternative way to build wealth

Photo by Chris Liverani It’s hard to believe that the financial services industry in the United States makes billions and billions of dollars every year convincing investors that they need the latest stock or mutual fund, inevitably encouraging takers to time the market. What is needed is an alternative way Read more…

By Wealth Builder, 4 yearsJanuary 22, 2021 ago
Financial Blueprint

The 3 Levers of Wealth Building

Photo by Eric Prouzet There are basically only three main avenues from which someone can build wealth; owning real estate, owning businesses and owning paper assets such as stocks and bonds.  Within these asset classes there are multiple different ways in which to build wealth; rental real estate, real estate Read more…

By Wealth Builder, 4 yearsJanuary 18, 2021 ago
Money Mindset

Are you trading hours for dollars or building wealth?

Photo by Annie Spratt Leveraging your time? Or trading hours for dollars? That’s really what it is when you get right down to it. When the book “Rich Dad Poor Dad” from Robert Kiyosaki came out, now many years ago, this idea became a central theme of conversations about how Read more…

By Wealth Builder, 4 yearsJanuary 15, 2021 ago
Money Mindset

How to Create a Pay Yourself First Budget

The No Budget, Budget As we all know, living an extraordinary Life is dependent upon many factors and choices.  Although not the only one, one factor that has a huge impact on our life is our ability to successfully manage our finances.  Those of us who are able to make Read more…

By Wealth Builder, 4 yearsJanuary 11, 2021 ago
Entrepreneurship

What is the best Side Hustle?

I get asked all the time what is the best side hustle?  The truth is that the best side hustle is the one that fits YOU the best.  It’s the one that you’re good at, have passion for and would probably do even if you weren’t making any money at Read more…

By Wealth Builder, 4 yearsJanuary 8, 2021 ago
Money Mindset

What really is the Opportunity Cost when you buy something?

Photo by Sophie Smith That’s a very interesting question. In my Post #32, I outline the cost of buying a 2019 BMW 3-series vehicle. Instead of using the conventional approach of calculating the cost of the vehicle using just the initial cost of the vehicle plus the cost to finance Read more…

By Wealth Builder, 4 yearsJanuary 4, 2021 ago
Money Mindset

A 2019 BMW 3-Series for $380,730.57?! The Real Cost of Buying a New Car

Photo by Roberto Nickson In my mind, I always knew that buying a brand new luxury car was a terrible use of money. I obviously knew that I was making a significant monthly payment that was not only drastically depleting my current net worth by taking money out of my Read more…

By Wealth Builder, 4 yearsJanuary 1, 2021 ago
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Recent Comments
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  • The Wealth Building ‘One Two Punch’! – Wealth Builders Forum on Things you need to know about Assets and Liabilities
  • Turn Liabilities into Assets – Wealth Builders Forum on Things you need to know about Assets and Liabilities
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