Most of my life I have had mixed feelings about money. Is money good? Is money bad? Do I deserve to have an excess of it? Are those who have money just greedy pigs? Does money make me a better or worse person? And on and on and on. The system has purposely designed it that way too. From the beginning the ruling class could see that money and wealth are actually choices, … [Read more...] about I Call Money “Units of Freedom”
Passive Income
Dividend Quotes by Famous Investors
I've read a ton of investment books recently and I'm always collecting interesting quotes or underlining passages so I figured I might start sharing some on the Money is Choices blog. The first lot of quotes will be about dividends from stocks. If increasing dividend payments don't get you excited then you need to check your pulse. I see them as Freedom dollars and do … [Read more...] about Dividend Quotes by Famous Investors
You Are Poorer Than You Think!
I've seen the same money message repeated a million different ways by as many financial writers trying to tell us we're richer than we think! Simply by being born into a first world country and having access to clean water, electricity and the many other conveniences that come with the good life. And in many ways I agree with the pundits, we are very lucky. In many regions … [Read more...] about You Are Poorer Than You Think!
What is the FIRE Movement? (Financial Independence Retire Early)
F.I.R.E. is an acronym which stands for Financial Independence, Retire Early. It's an online movement of people who are focused on retiring early by living frugally, increasing income, and investing every dollar they can now. It's said that the financial movement had its beginnings in 1992 with the "Your Money or Your Life" book written by Vicki Robin and Joe Dominguez. It … [Read more...] about What is the FIRE Movement? (Financial Independence Retire Early)
Saving 10 Percent of Your Income Per Year is NOT Enough
If you want to retire early and you listen to the advice of many financial experts you will NOT achieve your goal. Many experts will tell you to save ten percent of your income and invest in bonds and mutual funds. Another ten percent towards your debt, and just to rub salt in the wound and make you look really stupid, give ten percent away. It would be funny if it wasn't so … [Read more...] about Saving 10 Percent of Your Income Per Year is NOT Enough
Levels of Wealth: Are you a Cockroach?
You've come to the right place if you want to know how wealthy you really are. There's no guessing, nothing complicated, just black and white, objective indicators that will tell you exactly where you sit on the food chain. I've also labelled you with the appropriate animal which is an indication of where you fit on an evolutionary scale. How Does it Work? The numbers … [Read more...] about Levels of Wealth: Are you a Cockroach?