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Should you liquidate your 401k to start investing in real estate? This question has frequented the BiggerPockets forums over the past few years, eliciting mixed answers.
Most financial advisors and older folks will tell you that it’s...
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People say a million dollars ain’t what it used to be—but it’s still five to six times more than the average American has when they retire.
For most Americans, a million-dollar nest egg still sounds like a...
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A while back, I received an email from Robert Kiyosaki, author of Rich Dad Poor Dad. Actually, the email was from RichDad.com—they just made it look like it was from the famous author for effect. It...
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There’s no doubt about it—real estate can help you fast-track your way to financial freedom. It’s a powerful tool, especially when combined with leverage, that millions of people have used to dramatically accelerate wealth creation.
Every week,...
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When you’re under the weight of heavy debt, it literally changes the way you think.
You think defensively, feeling pressed in on all sides. Your first focus is simply survival: How do I make all my payments...
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How to get out of debt:
Step 1. Pay off all your outstanding bills. The end.
It seems like a pretty easy bit of advice, really. To get out of debt, pay off all your bills. That is...
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Every month, there are three ratios I track to measure my progress toward financial freedom.
I first check my savings rate. Savings rate is simply the percentage of income that goes toward savings, investments, or debt reduction.
Next,...
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It is just absolutely impossible (and foolish) to predict the stock market. And when it starts to drop, your hands are tied. You don’t have options.
And who knows when it will stop? Ask five investing “experts,”...
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TLDR: Two people spend $1,500 per month on a credit card. One earns 7X more rewards with one trick.
Here’s how to spend less than 45 minutes and earn huge travel rewards. This quick case study...
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The concept is easy to understand but remains elusive to most. It moves our everyday lives—at home, at work, and through personal interactions and business transactions.
More often than not, it is used against us, without us...
