Emergency Fund: How Much Do You Really Need in 2024?
As inflation continues to eat away at buying power, have the standards for optimal savings changed? And how much do you need to save for emergencies?
Personal Finance
Strong personal finance and financial literacy lays the groundwork for much investing and business success. Here, you'll find hundreds of articles written by personal finance experts on topics like saving, earning more, and investing. A strong knowledge of personal finance can seriously expedite your real estate investing career. A great credit score, some cash in the bank, and strong stable income can be invaluable assets for those looking to begin or add to their real estate portfolio. For a more in-depth discussion and debate about best practices in personal finance, you may want to check out the Personal Finance Forum.
The “Dirty Little Secret” of the FIRE Movement—and Why It’s Good News
Love it or hate it, the financial independence, retire early (FIRE) movement has changed the conversation around financial planning. And any change that provokes new discussion and a fresh perspective…
Here’s the Blueprint to Financial Freedom Today—Even When Mortgage Rates Are High
Most investment strategies touted by gurus involve first buying a course to learn their strategy to get rich in real estate. While subject-to deals, wholesaling, syndicating, BRRRRing, Airbnb arbitrage, and…
Invest in Real Estate or Start a Franchise: Which Investment Opportunity Suits You?
Real estate and franchising are two popular investment options offering significant financial returns. Both allow you to earn passive income, enjoy tax benefits, and benefit from regular cash flow. However,…
Dave Ramsey Is Wrong—Doing This Won’t Make You Wealthy, But There Is Another Way
Dave Ramsey is famous for his personal finance tips, most of which revolve around cutting expenses and adopting more frugal habits. That's great and sound advice, but it won't make…
Here’s How To Earn Modern and Traditional Passive Income in 2024
From stocks to real estate to crypto to advertising on your car, passive income is the core goal of any investor. So how can you make the most of your…
Is the Bilt Rewards Mastercard the Next Big Thing for Investors?
This credit card already rewards renters for paying rent, but there's also a down payment and mortgage program on the way, leading investors to think that this could become a…
How Much Money Is Enough to Make You Happy? Most Americans Say $284,000, Others Say $1.2 Million
In a recent survey, 67% of respondents said that their happiness hinged on their ability to pay bills on time. Another 45% said homeownership made them happy. Others said they…
Warren Buffett Is Wrong: Diversification Isn’t Just for Ignorant Investors
The so-called Oracle of Omaha said that diversification is protection against ignorance, but isn't this strategy a necessary part of intelligent investing? Here's why diversification, especially in real estate, is…
Budgeting Is Dead—Do This Instead and Watch Your Wealth Grow
A recent poll showed 60% of Americans are scared of the word "budget," so they wind up doing nothing at all. You don't have to budget, but you do have…
How Many Properties Do You Need To Retire?
If retiring is a problem, then the best way to solve it is by buying more properties. How many do you need?
Is It Possible To Retire Now? What Supporting Your Family Looks Like in 2024
We get into real estate for financial freedom and early retirement, but that goal is getting harder and harder to achieve each decade.
5 Ways You Can Get Rich WITHOUT Investing in Real Estate
Investing in real estate can be a great way to generate wealth, but it isn’t for everyone. For one, the term ‘‘passive income’’ really does not describe real estate investing…
