Back in March 2015, I had asked new Afford Anything subscribers to answer two questions: What’s your wildest dream? What’s keeping you from getting there? After reading through thousands of responses, I heard a theme emerge: “I don’t know how to invest, and I’m afraid of making expensive mistakes.” Let’s tackle that today. As a disclaimer, today’s…
How much income did I earn through real estate investing last month? And how much time did it take? I’m back for another round of baring my financial books to the world. Ready?
“I want an iPad!” “I want a pony!” “I want to take my family out for a $100 dinner, followed by $60 for a set of four movie tickets, $20 for popcorn and sodas, and $75 to fill up the gas-guzzling SUV that I bought on credit. And it’s SO HARD to save money! How can I…
Got a little extra free time around the holidays? Taking a few days off? This is a perfect time to settle down with a few books.
How much can you earn from a rental property? The sketchy late-night-TV gurus claim you’ll be blowing your nose with $100 bills. The naysayers claim you don’t earn jack-diddly-squat. Reality is in the middle.
I’ve heard a lot of ridiculous statements: “I’m sure we’ll find parking.” “I’ll just check Facebook for five minutes.” “I’ll skip dessert.” But perhaps the most absurd is the adage: “If you’re a renter, you’re throwing money away.” Bulls**t.
Hey everyone — I’ve been deliberating for months — nah, years — about whether or not I should open the books to my rental property business, giving everyone a behind-the-scenes look at all the numbers. Getting financially naked is scary. But I think it’s necessary.
“I’d like to improve my finances. But I don’t want to become an extreme cheapskate, and I don’t know how to earn more.” “I can’t get a raise. I guess I could get a side job, but I don’t want to mow lawns or wait tables. And I don’t think I have time to start…
I’d like to explain … well … why this website exists. Afford Anything promotes a handful of radical ideas: #1: You can create financial independence — the ability to quit trading-time-for-money, because your investments cover your bills. #2: Financial independence comes from passive income. #3: To build passive income, you’ll first need to create a gap between what you earn and what…
“Are you going to sell your properties?” Now that I live in a different state than my rental investments, I hear this question a lot. But people with the long-term Afford Anything mindset might phrase this differently. Instead of “will you sell?,” the better question might be, “how can you hold?” How will I manage…