I believe investing in real estate to be one of the best investment vehicles. Investing in real estate allows you to receive passive income, put your money in an appreciating asset, receive many tax benefits, and gain equity in your property. I believe this is better than a 401k or IRA for the normal investor.Continue reading “Investing in Real Estate”
Category Archives: Business
The Difference Between Going Bankrupt and Becoming Wealthy
Going bankrupt or being wealthy are polar opposites of each other, however, there is one distinct factor that separates the two. To accomplish something in life, all it takes is repeated action, which is the truth for going bankrupt or for becoming wealthy. The only difference is, if you evaluate those actions. How to goContinue reading “The Difference Between Going Bankrupt and Becoming Wealthy”
Assets VS Liabilities
When we talk about assets and liabilities for financial freedom, we are not thinking of the accounting assets and liabilities. We are not trying to balance our asset to liability column, that would be considered living paycheck to paycheck. With assets and liabilities in life, we want more assets than liabilities. Assets bring us inContinue reading “Assets VS Liabilities”
Get out of the Rat Race
Most people have played the most known investing board game, Monopoly. It can be a fun game when you are winning or a very frustrating game when you are losing (I am sure most people have experienced these emotions, while playing Monopoly). However, I found a game that has a lot to do with investingContinue reading “Get out of the Rat Race”
Top 3 Spending Habits
Here is a quick summary to my 3 part budget series I have been posting. For quick reference, the links to the blogs will be at the end of each summary. Happy budgeting, and email us if you have any finance questions you have or want us to look into. There are 3 spending habitsContinue reading “Top 3 Spending Habits”
Why Compulsive Buying is Bad
Instant Gratification is a huge detriment in our society today. Sam will write a blog on it later and expand on why we should stay away from it. I am going to talk about instant gratification when it comes to spending money. We need to learn how to say NO to ourselves and others. IfContinue reading “Why Compulsive Buying is Bad”
Why You Should Hide Your Money
Hide your money and no I do not mean under your bed or in your ceiling tiles. I am talking about putting your money in separate bank accounts outside of your main bank checking and savings accounts. We want it to be a hassle to access this money. We hide this money as soon asContinue reading “Why You Should Hide Your Money”
The Perks of Tracking Spending
I have said it before and I will say it again and again and again, START A BUDGET! I have wrote a post on a generic budget breakdown that Sam and I use, if you have not read it, check it out. This post is going to be about the perks of tracking spending andContinue reading “The Perks of Tracking Spending”
6th & 7th-12 Week Goals
We decided to post pone last weeks updates, because there wasn’t much to report on. We have been slowly picking away at some things, but wedding planning has not gone how we wanted it to. We had to start over with our location, because while we were in the process of booking it, they toldContinue reading “6th & 7th-12 Week Goals”
Mastermind group
Sam and I are in a mastermind group in Eau Claire with local entrepreneurs and up and coming professionals. Our good friend Dan Gjerseth, who is the best realtor in Eau Claire, started the group for local individuals who are like minded to him. It is a way we can learn, grow, and network together.Continue reading “Mastermind group”