If there is one thing I learned last year during the lockdown, it is to always invest in yourself. Invest in your education, invest in mentorship, invest in your image. Spend money to improve yourself. I know I’ve made several posts in this blog about saving money and investing in the stock market. That’s great and all; you are preparing yourself financially for the future and your old self will be grateful for it. But here’s the thing… don’t solely invest in your financial future; don’t be stingy when it comes to improving all other aspects of your life.
Read moreI have many resolutions set up for this new year. I have resolutions set up for my health, my professional career, my image, my photography, and most importantly, my pursuit towards financial independence.
Yes, financial independence. It seems like it is all I’ve been talking about in the past couple of months on my blog, but traveling is on the backburner until I get vaccinated. I will wait patiently for my turn.
One resolution that I want to accomplish by the end of this year is to earn an average of $500 a month in dividends from the stock market, which would be a big jump from the current average of $150 a month in dividends I am earning at the start of 2021.
So how am I going to pull this off? Well, let me tell you.
Read moreToday, I received my COVID Relief Jan 2021 stimulus check and I immediately knew what I needed to do.
Buy more Disney shares!
Read moreA month hasn’t passed since I posted that Bitcoin reached $20k.
Bitcoin is on fire and has officially surpassed $30k. Incredible.
Read moreWow… today Bitcoin has hit an incredible milestone. $20,000 per Bitcoin.
It’s incredible how revolutionary this currency is and how much it has grown.
Just a friendly reminder: I am not your financial advisor so take my advice with a grain of salt. I personally think everyone should have at least 1%-5% investment into Bitcoin as a crazy high-risk investment. I truly believe Bitcoin can increase much more in value as technology continues to advance and I’m excited for it!
Setting yourself up for financial independence does not have to be a painful process. You just need to change your mindset and treat it more like a game. Just like the game of ‘Monopoly’. As you move around the Monopoly board, you are doing the best you can to avoid spending unnecessarily and buying up assets in order to grow your wealth.
I am going to cover how I approach my personal finance and what I am currently doing to build my wealth and escape the rat race that most Americans live in.
Read moreThis pandemic has continued to spread aggressively so I’ve decided to put traveling on the back burner. With the extra free-time, I’ve decided to sit down and write up articles on personal finance and what I’ve been able to learn and put into action in the past two years. To start, I am going to share how I broke down my expenses and how I’ve been saving my money.
In this article, I am going to break down where I’ve made cuts and how I started to save $300+ a month ($3,600 a year) without impacting my lifestyle. Hopefully this ends up being useful for someone out there that also wants to save money, but have no idea where to start. Who knows… you might learn a trick or two!
Note: These are the basics, but the most important expenses to control. I’m happy to go over more advanced ways of saving money, if anyone is interested!
Read moreMoney.
The one thing that makes the world go round and although it is not guaranteed to bring happiness to your life, what it does bring is freedom.
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