Robert Kiyosaki of Rich Dad, Poor Dad fame developed the Cashflow Quadrant to show people how to achieve financial freedom. He even wrote a whole book about it. But what exactly is the Cashflow Quadrant? The Cashflow Quadrant, in its most simple terms, is a chart showing how people can make money. On the left …
Lifestyle inflation is a personal finance situation in which a substantial increase in your income doesn’t translate into a commensurate increase in your financial health because your expenses increased as soon as your income increased. The traditional formula for financial health is that your income should be higher than your expenses. Hence, an increase in …
Warren Buffett once said “If you don’t find a way to make money while you sleep, you will work until you die.” I don’t know about you, but I plan to enjoy my retirement and not work until I die. So it’s time to figure out how to make money while I sleep. Now, I’m …
There are a lot of savings challenges out there, and I have written about a number of them. But a lot of these are fairly long term challenges. Let’s look at a short term money challenge, a 60 day money challenge No, I’m not telling you to put away a dollar a day for 60 …
So all you’ve been hearing from your friends lately is how amazing the LuLaRoe leggings are. They’re even called “butter leggings” because they’re so incredibly soft. You decide “I had better get some of these leggings! But how in the world do I buy LuLaRoe?” You can’t just go online and order from the LuLaRoe …