I’ve worked with people in the past who deal only in cash. A used furniture salesman here, a writing client there — there are many people who don’t want their money to actually be reported. I’ve read plenty of frugal writers who recommend taking advantage of cash only deals in order to get a break [...]

It’s well known that there are two primary ways to financial freedom. You either make more money or save more money in order to invest more money and build wealth. I’ve mentioned on several occasions that its easier to save more money because that can be put into action immediately. I’m an advocate of frugal [...]

When I was still in college, I worked the front desk. My job was mostly to call the appropriate person if some sort of emergency arose. One night, an accident happened on my watch — someone got hurt. I got up to call an ambulance.
Despite being in obvious pain, the kid asked me not to. [...]

Foreclosures are at record highs. The stock market is extremely volatile. The government is stepping in. It’s almost the end of the year and everyone from consumers to retailers and investors are jittery about what lies ahead. Apparently the sub prime mess affected more than just lenders and home owners. Its amazing that we didn’t [...]

Real estate is a tremendous tool for wealth building and preservation. The main benefit of real estate ownership is the potential for cash flow, or passive income. Many people have also made a killing in the market just by flipping properties over the past 10 years. However, those days are long gone. So where to [...]