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Prepare for Financial Independence
The daughter of a friend of mine is getting married in a few weeks. While the guy seems very nice, I’m worried about the match. The daughter isn’t, in any way, prepared for financial independence. She just finished college and hasn’t had a “real” job yet. She only makes a few hundred dollars per month [...]
A Life Without Debt: Building Wealth
If you are at all interested in finance, you’ve probably heard that it is necessary to be debt free in order to build substantial wealth. While a few gifted investors manage to build wealth while having a lot of real estate debt (think Trump) or debt that finances a business venture (think the people who [...]
Reached Financial Independence. Now What?
I have a friend who has reached financial independence at the relatively young age of thirty-eight. He is completely debt free, having paid off his modest mortgage several years ago and owing nothing else. He has enough money invested to live quite comfortably, if modestly, from the earnings those investments produce. In other words, he [...]
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