So what is financial stoicism? I define financial stoicism as creating, building and maintaining wealth using the principles of Stoicism such as patience, discipline, delayed gratification and focusing on what you can control. I would LOVE to have been the person to have coined the phrase ‘Financial Stoicism’. In fact, Read more…
How would you like to be able to build a wealth building plan from affordable resources that are available out in the public? Well, you can. I find it extremely interesting that the personal finance space is overrun with information and individuals, many of both which are very high quality, Read more…
There’s so much confusion as of late when it comes to the Financial Independence Retire Early (FIRE) movement. I like to think that when the FIRE movement was first hitting the scene over a decade ago it was so much easier to understand because the early adopters were an ‘all Read more…
The other day I was with a student and they told me that they’d love to meet with this one entrepreneur, that I know, who recently had their third high double digit million dollar exit and who has been a serial entrepreneur for going on 40 years. Right person at Read more…
I have literally read well over one hundred books that have set forth a formula or system for creating wealth. Some of these are the classics that we all begin to hear about if you’re in the wealth building space for enough time. Some of these, like the classics, are Read more…
I marvel at how many people that I meet on a weekly basis and when the topic of retirement planning or wealth building comes up, how many REALLY bad plans are out there. In fact, I think the default ‘no choice, no options’ plan of “save 10% of your income Read more…
Nowadays the conversation is about whether or not there’s still even a possibility of being able to build wealth at all, let alone how to build wealth in a recession. With the talk starting to mount that the United States is in, or presumably at least heading into a recession, Read more…
There’s a lot of what otherwise would appear to be ‘high level’ conversation nowadays on what it actually takes to build wealth. The leading discussion point is that it’s all about investment strategy and being able to pick winners and losers in the stock market. Unfortunately, this strategy ultimately cheats Read more…
I’ve been dealing a lot lately with individuals who are struggling trying to save and invest for retirement. By and large they all tell me a very similar story; that the basic costs that they insist that they need simply do not allow for any remaining funds left over to Read more…
In a past post I laid out the importance for anyone on their journey of building wealth to have multiple streams of income You NEED Multiple Streams of Income! – Wealth Builders Forum. In fact, I laid out the case that it was critical to create at least 5 different Read more…