Blog Entries tagged 'financial freedom'

Tips for Increasing Cash Flow Productively

cmiles — Fri, 19 Dec 2008 02:00:00 +0100

The following are tips that one can do to increase cash flow and identify resources more productively to be applied towards your economic well-being and/or Soul Purpose. Remember, that one's perspective is more important than just going through the motions. The key is discipline to be productive with the money freed up rather than spending it on consumptive or destructive items. Each of these points can be utilized to recapture lost dollars, but can also be abused in a way that coul [...]

Why Are Retirement Plans Failing?

cmiles — Fri, 19 Dec 2008 02:00:00 +0100

With my "Fire Your Financial Adviser" seminar and our Producer Power Hour podcast this week, I wanted to address a topic that I feel is grossly misunderstood. When I was a traditional financial adviser, I would rattle off some assumed 2000 Bureau of Labor Statistics that came out with a longitudinal report that studied where 25 yr olds in 1960 were in 2000. It showed 29% of 65 year olds deceased, 66% totally dependent on others or still working, 4% financially independen [...]

Healing Economic Wounds

causeofliberty — Wed, 24 Sep 2008 02:00:00 +0100

How To Influence the External Economy With Internal DecisionsEvery expert in America agrees that our economy is under serious strain. We even hear speculation that the U.S. is headed for another Great Depression. The government bailout of Fannie Mae and Freddie Mac will cost taxpayers $5.3 trillion. The proposed $700 billion bailout of other notable financial firms is a Band-aid approach to a gaping-wound quandary.

So what is the long-term solution? Does the current crisis represent t [...]

Independence or "In Dependence?"

cmiles — Mon, 18 Aug 2008 02:00:00 +0100

By Chris Miles

This is an essay I recently wrote about independence which I feel pertains to our discussion of overcoming myths and becoming financially free.

Could independence be no more than freedom from oppression and domination? Conversely, is independence merely unobstructed freedom to do anything we desire with no fear of intentional or unintentional consequences? Absolutely not! The more freedom we expect, the more responsibility we inescapably accept.

Toda [...]

Does Passive Income REALLY Create Freedom?

cmiles — Fri, 08 Aug 2008 02:00:00 +0100

By Chris Miles

One of my clients recently asked me a question regarding whether or not someone needed passive income to truly be financially free. I believe that many of those striving for financial excellence have asked this same question and debated it.

In response to this question, I would ask &quo [...]

Pg. 244 - 401(k) Part 2

garrettgunderson — Wed, 06 Aug 2008 02:00:00 +0100

Pg. 65 - The Broke Millionaire Part 2

garrettgunderson — Thu, 03 Jul 2008 02:00:00 +0100

Pg. 65 - The Broke Millionaire Part 1

garrettgunderson — Wed, 02 Jul 2008 02:00:00 +0100

Pg. 52 - The Velocity of Money

garrettgunderson — Tue, 01 Jul 2008 02:00:00 +0100

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Click Here to See the Building Walkthrough Garrett Mentions in the Video

Pg. 48 - 401K Part 1

garrettgunderson — Tue, 01 Jul 2008 02:00:00 +0100

The Financial Optimizer

garrettgunderson — Tue, 10 Jun 2008 02:00:00 +0100

Questions: (Score 1 - 10) (Watch the video as I walk you through the exercise)

How often do you worry about money?
Do you feel like your finances are perfectly organized?
Are you being paid for living your soul purpose?
Do you have enough money coming in from your portfolio income to cover your expenses?
What percentage of your income comes from you working in your Soul Purpose?
If you were to lose the ability to generate income today, would [...]

What is Debt?

garrettgunderson — Mon, 09 Jun 2008 02:00:00 +0100

"They made little or no money investing..."

causeofliberty — Fri, 23 May 2008 02:00:00 +0100

Getting Rich Your Own Way, written by Srully Blotnick, details a study that began in 1960 of 1,500 people representing a cross-section of middle-class America.

Throughout the twenty-year study, they lost almost a third of participants due to deaths, moves, or other factors. Of the 1,057 that remained, 83 had bec [...]

Doing Is a Product of Thinking

causeofliberty — Wed, 21 May 2008 02:00:00 +0100

In your journey to financial freedom, do you identify wealthy people and try to do what they did, or do you try to think like they thought?

The actions of people are value neutral; what gives all actions value are the thoughts and intents behind them. Two people could perform the exact same action but have different r [...]

Do you know what to invest in?

causeofliberty — Wed, 21 May 2008 02:00:00 +0100

Do you know what to invest in, or do you often ask successful people or consult financial publications to find what the best investments are?

Every time you wonder what you should invest in, the answer is always--without exception--to invest in yourself, or your human life [...]

If money were of no concern, what would change in your life?

causeofliberty — Wed, 21 May 2008 02:00:00 +0100

Would you still be doing what you're doing today, or would it be different? What would it be? Why? What's preventing you from doing it today, right now?

Now is your time to be your ideal self and live your ideal life . If money is the main thing keeping you [...]