I often ask people, “Do you think you are dumb enough, if you put just a little time in, to make 10 million dollars worth of mistakes?” The point I am trying to make is that, with just a little bit of do-it-your self personal finance education, you can be your own financial advisor. Today we will discuss exactly how to go about this!
If it causes you to go into debt, finance/leverage a purchase, or prevent you from adequately saving it is likely not worth it! That is not intentional spending. Intentional spending makes your head and your heart happy! If it isn’t accomplishing both, it isn’t intentional spending. Read more to find out what is!
For those of us who have “seen the light” and realized that the financial shadows that dance on the wall are created by the industrial machine that want us to believe the personal finance is too hard to do ourselves. Once we are freed to realize that it is not as difficult as it used to seem, it is our responsibility to go back and to free the other prisoners. This is the Seventh Philosophy: A Responsibility to Teach
Let’s discuss the Sixth TPP Philosophy: making a financial plan! How do you expect to get there? What does this entail? What is the best product I’ve found to form a comprehensive (and affordable) financial plan? Read more…
Could you stomach watching $500,000 turn into $250,000 over the course of months, or lose $100,000 in one week? A Bear Market is not the time to find out who you are in terms of your ability to withstand corrections and recessions. You need to have a plan to slay the bear market before it comes!
This is my first of (at least) quarterly TPP Net Worth updates. This will help hold me accountable, help provide transparency to my readers, and hopefully provide those coming behind me some proof that financial goals can be achieved in a way to make both the head and the heart happy!
I am an anesthesiologist and we live by the “Trust, but verify” mindset. I thought I’d missed the deadline to contribute to a backdoor Roth IRA. Not only had I not missed the deadline, I realized I could give not $11,000 but $22,000 to a backdoor Roth IRA in a calendar year. Read more to find out how…
The following is a review of this course, which is called Fire Your Financial Advisor. The review is long, but this course includes over 6 hours worth of video and presentation information all-in-all. Want to sneak a peek? Read more to find out.
The reason that The Fourth Philosophy is so important is that it encourages us to stick to the method that we know works and to recognize that the excitement involved is in the profits we know we are likely to make over the next 10, 20, or 30 years. This is how we make investing exciting!
Feeling Financial Stress? Let the third philosophy help you out. First determine how you are waging WAR and then apply The 30% Rule. It could help you sort the whole thing out! Read more…