The Millionaire Blog

Give Generously. Spend Wisely. Invest Consistently.

Entries from July 2005

Designing a Budget Around Your Take-Home Income

July 26th, 2005 · No Comments

Have you ever found yourself wondering where all the money has gone and its not the end of the month? There are things we can do to help ourselves eliminate being in this situation. Listed below are the steps you may follow, along with a brief discussion of each:

[Read more →]

Tags: Financial Investing

Mortgage Free In 15 Years!

July 26th, 2005 · No Comments

Imagine paying your mortgage off in 15 years! Think of all the great things you could do with that extra money. What would you do? Retire early? Buy an R.V.? Travel around the world? If you could eliminate your mortgage in half the time, then your options would be wide open.

[Read more →]

Tags: Financial Investing

The Tortoise and the Hare-The Modern Version

July 25th, 2005 · No Comments

No doubt you are familiar with Aesop’s fable The Tortoise and the Hare. In case you aren’t, let me sum it up for you: The Hare challenges the Tortoise to a race, which the Tortoise accepts. The race begins and the Hare lazes around (because he knows he can outrun the Tortoise any day) while […]

[Read more →]

Tags: Financial Investing

An Emergency Fund: Your First Line Of Defense

July 25th, 2005 · No Comments

Downsizing, rightsizing, forced retirement, layoffs, firings, outsourcing, and being made redundant.All could mean the same thing to you: financial catastrophe.

[Read more →]

Tags: Financial Investing

One of the Wisest Investments You’ll Ever Make

July 25th, 2005 · No Comments

If you think this is about stocks, bonds, real estate, gold, jewels, etc., you’re wrong! All of these can be good investments, but your children are the wisest investment you’ll ever make.

[Read more →]

Tags: Financial Investing

Money - The Ultimate Team Sport

July 25th, 2005 · No Comments

Money - The Ultimate Team Sport by Chemain Evans Imagine if you will that you are NASCAR driver. (Now don’t overextend this metaphor-just go with the flow!)

[Read more →]

Tags: Financial Investing

Why Do We Always Fight About Money?

July 25th, 2005 · No Comments

Two of the keys to financial success, especially in a couple’s relationship, are knowledge and communication. This article focuses on the aspect of communication.

[Read more →]

Tags: Financial Investing

Top 10 Tools to Reach Your Goals Quickly

July 23rd, 2005 · 1 Comment

We all have dreams and goals. Some of them are simply “wishes”, like winning the lottery or sailing to Tahiti. But we also have goals that are vital to our futures and the well-being of our families. And yet many of us make little or no progress toward achieving our most important goals. We wait […]

[Read more →]

Tags: Motivation

Dave Ramsey’s Financial Peace Univsersity

July 22nd, 2005 · No Comments

We all at one time or another encounter a turning point in our lives. My turning point was my attendance at a Dave Ramsey Financial Peace University seminar. It was as though someone had wiped the fog from my bathroom mirror. My focus became very clear that day. To begin with.

[Read more →]

Tags: Dave Ramsey · Product and Book Reviews

What is a Motivated Seller?

July 22nd, 2005 · 3 Comments

There are two key conditions that must exist in order to the fixer-upper investor to the purchase of a property. One is the condition of the property; if it needs work to bring it up to market conditions then you’re likely to get a good deal. However, if the second condition does not exist […]

[Read more →]

Tags: Real Estate Investing

Top 10 Reasons to Invest in Fixer-Uppers

July 22nd, 2005 · No Comments

Why would any sane person want to buy ugly, beat-up, neglected houses as an investment? The answer may surprise you. Ugly and neglected houses are like diamonds in the rough waiting for someone like you or me to cut (fix) and polish (paint) them into profitable gems. The answer may surprise you. Ugly and […]

[Read more →]

Tags: Real Estate Investing

The Top 10 Reasons to Invest in Mutual Funds

July 21st, 2005 · No Comments

Everyone who follows the financial news has heard of mutual funds and knows the stock market has generally risen (with various ups-and-downs) for over 200 years. In fact, by most measures, the stock market has made more money for more people, and done it more reliably, than any other investment over the past 100 […]

[Read more →]

Tags: Financial Investing