How much money should you invest in a side hustle or side business? How do you know if your side hustle idea is viable? What if you want to start 5 or 6 side businesses? Should you lump these together under a common business umbrella? Or should you separate them out? These are the questions…
I live in Las Vegas. This is my home. Here are a few things that happened today: Thousands stood in line for 6-8+ hours to donate blood. Hundreds more donated water, snacks and shade. Locals gathered on Facebook to offer free housing, rides, and pet-sitting for victims and volunteers. Airlines donated free flights to victims’…
How can you be awesome at your job? That’s the question that today’s guest, Pete Mockaitis, and I tackle on the latest Afford Anything podcast episode. Pete hosts one of iTunes’ top 10 career podcasts, called — appropriately — How to Be Awesome at Your Job. In typical nerd fashion, I launch our interview by…
Today I tackle 4 real estate questions that come from the listeners. Chris, age 25, says: Over the next 30 years, I’d like to acquire 15 rental properties. Then, at age 55, my wife and I can retire and travel. To begin, I’d like to buy a duplex, live in one unit and rent the…
J. David Stein used to manage billions of dollars. As the Chief Investment Strategist at Fund Evaluation Group, LLC, a $33 billon investment advisory firm, Stein developed the group’s investment philosophy and process. He guided investments for major universities and nonprofits, including the Texas A&M University System and the Sierra Club. He retired at age…
Early retirement? Yes please. This week, I answer questions from the audience around early retirement planning, health savings and debt pay-off. Question #1: How can I avoid early-withdrawal penalties? Our first caller is Christianna, who asks two questions: I’m interested in early retirement. How can I avoid early withdrawal penalties? How does early retirement impact the…
Do you enjoy spending time alone? Does your inner monologue chatter constantly? When you were a student, did you sometimes stay quiet even when you knew the correct answer? Do you avoid confrontation? Does small talk bore you? Have people told you that you’re “too intense” or that you “get deep quickly?” Do you live…
If you’re interested in real estate investing, and if you’ve wondered how to assemble an all-star team, today’s episode is for you. I’m hosting another edition of Ask Paula, in which I tackle three audience-submitted questions about building a team as a real estate investor. Salome from Cincinnati asks: Who are the people I’ll need…
Oh my goodness. I’ve done the unthinkable. I’ve written a blog post, after a many-month absence. I realize this comes as a shock. If you need a moment to process, take your time. Okay. Here we go. So. I’ve been quiet around here, so first I want to let you know I’m still alive. (Mostly.)…
In today’s episode, we’re focusing on how you can grow the gap between what you earn and what you spend. Many people in the personal finance space argue about whether it’s more important to earn more vs. save more. This argument is like chocolate vs. vanilla. Cats vs. dogs. Pepsi vs. coke. You get the…