Regular readers know I’m a big fan of DRIPs (dividend reinvestment plans) for many reasons (see any of the posts in my sidebar, but especially How To Invest Commission-Free). But recently I’ve be rethinking some of my DRIP strategy. In the past I’ve been 100% reinvested, but the recent economic environment has me getting more [...]
June 17, 2009 · 9 comments
in achievement, cashflow, debt, employment income, financial education, lifehack, lifestyle design, passive income, side income, wealthbuilding
If it simplifies your life to put your bills and savings on autopayment, wouldn’t it make your life even simpler if you could also put your income on autopayment? I know you probably already receive your paycheck through direct deposit, and in that sense your pay is “automatic,” but what if you could also automate [...]
First things first; the tax refund is just that – it’s YOUR money being returned BACK to you. It’s not new money. It’s money that ideally you wouldn’t have lent to the government in the first place. Talk to your employer’s accounting department (or whomever handles the tax reporting) about reducing the amount in taxes [...]
Well, I’ve been thinking about money more often lately. In fact, the last year in particular I’ve really been focused (in part the effect of which is the existence of this blog) on making MORE money and being more effective with it. For better or worse money is the set of “wheels” that move you [...]
With all the negative news out there about the economy – which you know has fully filtered its way through society when there are regular popular talks about it given by academics at universities – it seems to be a good time to concentrate on what’s been working for me in my portfolio.
I finished up [...]
One of my readers suggested I post some numbers regarding my portfolio so that others can see what I’m doing. I haven’t done this before since I do want to maintain some degree of privacy but also I’ve just felt that there’s no need to really post that or boast – in other words, it [...]
Returning to the concept or philosophy that money is energy and that money is what you trade your life energy for, doesn’t it follow that if clutter gets in the way of your life energy, that clutter also gets in the way of your potential for cashflow, and ultimately, wealthbuilding in general?
It’s intuitive, after all. [...]