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…
If there was just ONE thing keeping someone from building wealth I can usually guess it 90% of the time without even having met that person! It’s that the money story that they keep telling themselves is corrupting their money mindset. Snoop Dogg may have gotten this right when he Read more…
What is your level of understanding or education around personal finance? Good. Because you really don’t need to know much about personal finance to build wealth. Here’s the craziest answer you’re ever going to hear to this question and I’m damn proud of it. Your level of understanding and or Read more…
Your comfort level as to how you create income is an overall determinant of whether you’ll build wealth in your lifetime and how long it will take. Here’s a concept that took me WAY too long to understand and come to reconcile with; I am worthy to make a disproportionate Read more…
If I could convince you, beyond a reasonable doubt, that YOU could become wealthy I believe that you would. It really IS that simple. The dirty little secret of becoming wealthy, which took me a LOT of years to discover, is that it’s not in the tools or the vehicles Read more…
Photo by Don Stouder courtesy of Unsplash.com It’s obviously a new year within a new decade. As many people do, I recently made a New Years resolution. I’m going to unequivocally win at the game of money in this decade. More specifically, I have made a commitment to the mission Read more…
Photo by SpaceX courtesy of Unsplash.com Launching a business or a project has become legendary in the entrepreneurial community. In fact, stories of such launches have become as epic as those tall tales that gave birth to such legends as Pecos Bill and Paul Bunyan! Even though these stories of Read more…
Photo by Riccardo Annandale For some reason, we have become completely adverse…actually deathly afraid…of anything that we perceive as being a Risk. In fact, we are so adverse to Risk that we really don’t know the difference between risk and uncertainty in building wealth. Now in fairness, we have to Read more…
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…
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…