Owning real estate is an essential way for the average American worker to build wealth. I would assert real estate ownership is a financial truth! One thing is for sure, paying rent an entire adult life will make it difficult to build net worth. Why not get a return on rent money instead of improving [...]
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Posts by: Norm Spivey
Last week, I introduced the financial truth of frugality and asserted that for the average American, living frugal is necessary to build wealth. I want to stay on the topic of being frugal this week but offer a tactic that can take some of the cheap feeling out of frugality. Fair warning (and I’ll say [...]
There are certain financial truths that, when applied in our daily lives, can help us build wealth. In my last two blogs I looked at short and long term investment accounts to realize the truth, invest early and often. This week I want to explore a truth that is more personal attribute than wealth building [...]
Last week I introduced the concept of espousing certain financial truths that when applied in our daily lives, help guide us along the path to building wealth. The first truth examined was “invest early, invest often” and specifically the tactic of closing out those savings accounts and opening a taxable investment account to serve as [...]
I find much of the internet fodder with investing strategies to become a millionaire amusing. Most of the millionaire by (insert benchmark here) advice isn’t built on realistic assumptions regarding income and return on investments. The other day I read an article that suggested in order to achieve a million dollar net worth, one simply [...]




