There is a lot of debate about whether money makes people happy. But will more money make you happier in practice, or just in your fantasies? Some are big believers that money will bring you more happiness, while others feel there is a limit to what money can do. There was a major study done … Read more
Financial freedom is a goal for many people but what does financial freedom mean? It can mean different things to different people but to me, it means you have enough passive income that you do not need to work if you do not want to. You have money coming that will cover your expenses through … Read more
Many people think all debt is bad, others think it is okay to have good debt, and still some like all kinds of debt! Is there a difference between good debt and bad debt and what is good debt vs bad debt? Most people will tell you that good debt is debt that is against … Read more
Can you get rich quick with real estate, and what does “quick” mean? Many of us dream of getting rich quick! We dream of hitting a big deal or an amazing opportunity falling into our lap that makes us a ton of money. Or maybe, we do nothing at all and a rich uncle we … Read more
I love passive income because it is money that you make without working. Examples of passive income are cash flow from rental properties, stock dividends, interest from loans, royalties, money from businesses, or other investments that you are not spending time on. A lot of people will argue that there is no true passive income … Read more
Many people say that investing in REITs (real estate investment trusts) is a great way to invest in real estate. Investing in REITs is much easier than investing in real estate, and I have invested in REITs in the past. However, I do not think investing in a REIT is anything close to investing in … Read more
Buying a Lamborghini Diablo has been a goal of mine since I was a little kid. Thanks to my real estate business, I was able to buy a 1999 Lamborghini Diablo Alpine Edition in May of 2014, and it was delivered to me on Father’s Day that year. It has been nine years since I … Read more
There are many definitions for being wealthy and rich. To me, being rich is about how much money you make or appear to make, while being wealthy is about how much money you have. I know people who make $500,000 per year but have little to show for it because they spend it all. Others … Read more