I grew up in a small town in the southern United States where a handshake is all you need to seal a deal. Where I lived, the common belief was that a man is only as good as his word. If everyone lived by that motto, the world would be a better place. Unfortunately, not [...]
Did you know the state can legally take money from your bank account or the contents of your safe deposit box and add it to the state treasury? No, I’m not talking about the state hijacking the assets of a drug runner or other criminal. I’m talking about the state seizing your money. Each state [...]
This week I discussed how to become a millionaire. The process itself is not difficult. You need to earn money, spend less than you earn, save the difference, invest the money you save, and repeat the process. Each step is essential. To become a millionaire you must follow each of these steps. You must earn [...]
The fourth step in the how to become a millionaire series is to invest your money. By now, you are earning money, spending less than you earn, and saving the difference. But simply saving money will not make you a millionaire – you need to make your money work for you. That means you need [...]
The third step in the how to become a millionaire series is to save money. By now, you are earning money and you are spending less than you earn. The key is to take your surplus money every month and make it work for you. That means saving and investing that money. Saving money is [...]
Last week I wrote a simplified version of how to become a millionaire. The basics are simple: earn money, spend less than you earn, save and invest, and repeat the process. Yesterday I wrote about how to earn more money. It is not always difficult to earn more money if you try. The next process [...]
Last week I wrote a simplified version of how to become a millionaire. The nature of the process is simple: earn money, spend less than you earn, save and invest, and repeat the process. The Million Dollar Question – How much do you need to earn to become a millionaire? Obviously, The more money you [...]