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
From health insurance to taxes and retirement plans, being 1099 presents a different set of financial planning strategies than a W2 employee.
https://open.spotify.com/episode/1SfrSS9CTkwoFnDBx5ICH3?si=UnoGFxhFR4etU3lzBcXVog
People tend to underestimate their spending because they focus on discretionary expenses and forget to factor in large fixed expenses.
Some examples include property taxes, home maintenance, and lump-sum insurance premiums.
Awareness is essential to quantifying sustainability.