9 Ways To Reduce Your Top 3 Expenses

According to the Bureau of Labor Statistics, the average American’s top three household expenses are housing, transportation, and food. If you focus on reducing these top three expenses, not only will you be able to boost your savings, but you’ll be able to reduce the total amount of money that you’ll need to reach financial…

I Bought A Rental Property!

I received news from my real estate agent yesterday that we officially closed escrow on my second rental property last night. It feels a bit surreal, but I am really excited about diversifying my portfolio with more real estate. Here are the details on rental property #2. The property is located in Jacksonville, Florida. Why did…

The BEST Way To Build Your Savings

It took me years to save up my first $10,000. I still remember the day my bank account had more than $10,000 in it. That first $10,000 was hard, but the next $10,000 I saved became easier, and the next $10,000 after that, I didn’t even have to think about. The simple but powerful way…

The Power Of Compound Interest

If you take a penny and double it every day for 30 days, how much do you think you will end up with on the 30th day? $30? $1,000? No and no. You would end up with $10.7 million. That’s right, millions! From a penny! This is due to something known as the power of compound interest. Many years ago when I was…

How Much Do You Need To Retire?

A few years ago, I bought a lottery ticket when the Mega Million had reached a record high. I remember thinking, “I don’t even need to win the full amount, I just need to win X amount of money and I’ll be set for life.” (X being some random amount in the tens of millions that I…