On Money Income Our primary income comes from our full time jobs. We have minimal income from investing in index funds and dividend stocks (all reinvested). We earn money on the side to supplement our main incomes. We get a bit of income from Swagbucks, cash back sites (Rakuten, Mr.Rebates) and affiliate links to Bookshop […]

Image Source: 123rf.com Manifestation is more than just thinking positive thoughts—it’s about aligning your mindset, energy, and actions with your desires. People who successfully manifest their dreams use specific techniques that help them focus, believe, and take inspired steps toward their goals. Whether you’re looking for financial abundance, love, or a career breakthrough, manifestation techniques can help you create the life you want. The key is consistency and faith in the process. Here are seven […]

Image Source: 123rf.com Sports betting has exploded in popularity, with millions of people placing bets in hopes of making quick money. While it might seem like an exciting way to enjoy sports, the financial consequences can be devastating. What starts as harmless fun can quickly spiral into a habit that drains your bank account and affects your long-term financial stability. Many bettors underestimate how easy it is to lose control and how much money they […]

There are many habits that you can adopt to help you save money. But did you know, the way your home is set up could also be costing you? Take some time to review the set-up of your home and what everything is costing you. There are likely going to be some big and small … The post Home Upgrades That Will Save You Precious Money appeared first on The Thrifty Issue.

Click Here to Read the Transcript for This Episode In this special birthday episode, I’m sharing five powerful reflections on life, financial freedom, and personal growth as I celebrate another year! I’ll be diving into why time is our most valuable asset, the power of detaching from outcomes, shifting perspectives to find peace in the present, embracing the journey as the true destination, and giving ourselves permission to evolve at any stage of life. Tune […]

Unfortunately, working two or more jobs has become a reality for many Americans. The latest work-from-home survey by economists, including Nicholas Bloom from Stanford University, found approximately 10% of workers have a primary job and at least one additional side gig. As a step down from their primary work, which may be more time-consuming and exhausting, people are often looking for possibilities to earn money that require less skill and can be completed with greater […]

It’s A Marathon, Not a Sprint If you’ve ever trained for a marathon or worked tirelessly toward a financial goal, you know the secret to success: pacing yourself. It’s not about burning out in a sprint—it’s about endurance, strategy, and staying the course. The finish line isn’t just a dream; it’s a destination you reach step by step. It’s a marathon, and you’re not losing The similarities between running marathons and achieving big goals—especially financial […]

The Big Picture on Mauricio Rauld’s Tips For Building Wealth : Wealthy individuals prioritize a high savings rate by maintaining a modest lifestyle even as their income grows, allowing for larger investments over time. Traditional investment vehicles like 401(k)s may not be the most efficient path to wealth, as they come with limitations such as locked-up funds and hidden fees, making alternative investments like real estate more attractive. Building exceptional wealth requires questioning conventional financial advice and actively seeking high-return, tax-advantaged opportunities such as real estate syndications and direct property ownership. Disclaimer The information provided on this website is for general informational purposes only and should not be construed as legal, financial, or investment advice.  Always consult a licensed real estate consultant and/or financial advisor about your investment decisions.  Real estate investing involves risks; past performance does not indicate future results. We make no representations or warranties about the accuracy or reliability of the information provided.  Our articles may have affiliate links. If you click on an affiliate link, the affiliate may compensate our website at no cost to you. You can view our Privacy Policy here for more information.    Most of us grow up with conventional wisdom about money: save 10% of your income, max out your 401(k), and slowly build wealth through traditional investments.  But what if these widely-accepted financial strategies aren’t actually the path to exceptional wealth? According to Mauricio Rauld, a prominent real estate syndication attorney, the truly wealthy approach money very differently. One of the most striking insights Rauld shares comes from his mentor, Jim Rohn, who suggested a radical perspective on spending and saving. While most financial advisors recommend saving 10-30% of your income, Rohn claimed he couldn’t spend more than 10% of his income because it would be “obscene.” This completely inverts the traditional saving-spending ratio most Americans follow. (article continues below) Real estate investments? Awesome. Being a landlord? Less fun. Learn how to earn 15%+ on passive real estate investments in our free video course. Access Free Course [embed]https://youtube.com/watch?v=r0ZQzBNXPz8&feature=oembed[/embed] The concept of lifestyle creep is another crucial factor that keeps many people from building real wealth. As income increases, most people automatically increase their spending, maintaining the same savings rate instead of dramatically growing it. The key, according to experts like Brian Tracy, is to maintain your current lifestyle even as your income grows, allowing you to invest an increasingly larger percentage of your earnings. Rauld challenges the conventional wisdom about retirement accounts, particularly 401(k)s, citing two main issues: money being tied up until retirement age and hidden fees that significantly eat into returns. He provides an example where the stock market gained 20%, but after fees, an investor only saw 7% returns.