Helping normal people with normal incomes reach financial independence.
Investing $100k may seem impossible, but this goal is still achieveable even if you don’t have an extra $500 or $1,000 a month to invest. This article will show you how to invest your first $100k in 7 to 15 years, starting from $0. But first, let’s take a look at why reaching $100k is … Read more
If you struggle to invest at least 20% of your income for retirement, the good news is that you could still build substantial wealth by investing what you can. If you can invest just 4% more of your income starting in your 20s or 30s, you could make a huge difference to your net worth … Read more
If you struggle to think that investing is worth it—especially if you don’t earn a lot of money—the concept of debt might actually help you view investing with renewed hope. That’s because the power of compound interest is the same whether you’re in debt or whether you’re investing. The compound interest you earn from investing … Read more
Investing your first $100k is your most important financial goal on your way to financial independence. Because of compound interest, once you reach $100k your wealth starts to skyrocket. Investing your first $100k may seem daunting if you earn a low income, but this goal is actually much more achievable than it initially sounds due … Read more
Maxing out your Roth IRA is one of your most powerful wealth-building tools, which is why you should make maxing out your Roth IRA every year one of your top financial goals. And even if you’re a first-time investor, maxing out your Roth IRA this year could make a substantial difference to your financial future. … Read more
The biggest myth that keeps you from building wealth is the idea that you don’t have enough money to invest or that you don’t have enough money to make investing worthwhile: If you procrastinate on investing because you don’t think your income is high enough to make investing worthwhile, you’re actually wasting your biggest wealth-building … Read more
Reaching $100k in investments as soon as possible is your most important financial goal, but reaching your first $100k can often feel impossible. However, this goal is more achieveable if you break it down into smaller, more manageable steps, like reaching your first $10,000 milestone. Because of the power of compound interest, if you can invest … Read more
Investing $100k as soon as possible is your most important financial goal, but reaching your first $100k often feels impossible if you earn a low or even a median income. That’s why you should break this goal down into smaller, more manageable steps. This guide will show you the specific numbers behind why saving your first … Read more
Investing $100k as soon as possible is your most important financial goal, but reaching your first $100k often feels impossible if you earn a low or even middle income. That’s why you should break this goal down into smaller, more manageable steps. This guide will show you the specific numbers behind why saving your first … Read more
The maximum amount of money that you can contribute each year to your Roth IRA is $7,000 if you’re under age 50. While maxing out your Roth IRA is ideal, it’s not always possible—especially if you earn a low income. But if you can’t max out your Roth IRA, you can still make incredible progress … Read more
Your 40s is a crucial time for investing: If you’re not on track to retire, your 40s is really the last opportunity you have before investing for retirement becomes extremely difficult. That’s why if you’re in your 40s, you absolutely need to make sure that you’re on track to retire comfortably. Whether you’re in your … Read more
Whether you’re just entering your 30s and want to start investing or you’re approaching 40 and are worried about your retirement account balance, it’s still not too late for you to start investing. Your 30s are the second-best decade of your life to start investing because of the power of compound interest, so you’re going … Read more
When you’re in your 20s, it can be difficult to know how to get started with investing. The good news is that if you’re starting to invest in your 20s, you’re already making incredible progress on your wealth-building journey: The younger you are when you start investing, the more compound interest—money—you could have in the … Read more
Do you know what it takes to level up your finances? Whether you’re struggling financially and want to start thriving, or if you’re financially stable and want to reach financial abundance, this guide is for you. Level 1: Emergency mode (financial instability) If you’re in emergency mode, your income-to-expenses ratio is not sustainable. Being in … Read more
Because of an obnoxious subset of FIRE devotees who tout extreme savings rates and brag about retiring in their 30s, the FIRE movement is often portrayed either as a ridiculous quest to live in utter destitution in an attempt to retire decades early or as a lifestyle choice that’s only accessible for high-income earners. If … Read more
If you want to be financially independent, you should make reaching 100k as soon as possible your top priority. Reaching 100k is your most important financial goal because if you develop the discipline it takes to reach 100k, then you have what it takes to reach financial freedom. Here’s why: Your first 100k will be … Read more
There is a massive, glaring problem at the heart of mainstream FIRE (Financial Independence Retire Early) content: Much of mainstream FIRE content presents achieving FIRE as a result of extreme savings rates that are utterly divorced from realistic incomes and real-world expenses. This type of content typically is peddled by out-of-touch men who make bloated … Read more