In Order To Thrive, You Must First Survive
“All the benefits in life come from compound interest — money, relationships, habits — anything of importance.” – Naval. To thrive as a Solopreneur, you must first survive. To survive: — Create a margin of safety — Understand your runway— Prioritize longevity as...
How I Think About And Manage My Personal Finances
Let’s get it out of the way and start with the disclaimer that personal finance is always personal and that this isn’t advice. 😁 In this post, I’ll explain how I think about and manage my personal finances based on where I’m currently at in...
Define What Financial Independence Means.
Most people think they want more money but what they really want is more freedom. Freedom to say no to things they don’t want to do. Freedom to do the things they want to do when they want to do them. Achieving financial independence in the traditional sense is...YouTube Feed
Use each day as an opportunity to get better at something.
Use each day to identify inefficiencies in your day that are a drag on happiness.
Use each day as an opportunity to build equity in your reputation.
“During a gold rush, sell shovels”
I don't want to own NFTs. I want to own the company that creates and markets them.
I don't want to own bitcoin. I want to own coinbase etc.
This is the way.
Contributed directly to a Roth IRA in 2020 and ended up exceeding the $139,000 income limit?
Make sure to recharacterize the contribution back to a Traditional IRA to avoid penalties.
You can always convert the non-deductible contribution back to your Roth IRA later.