A few months ago, I was at the bar with a friend. (Remember those days?) Soon after, a friend-of-a-friend walked in, clearly in a fantastic mood. Right away, this friend-of-a-friend, who’d I’d always heard through the grapevine was a loaded real estate developer, began an absolute bender of a spending-spree. We’re talking the highest shelf […]
Money
Rich vs. Wealthy (How a teacher can be wealthier than a millionaire athlete…)
Being rich and being wealthy… same thing right? WRONG. Most people don’t realize this, but the two have one extremely important difference. Understanding that difference is huge key to reaching financial freedom. (And for fun, learning how your average teacher can be wealthier than an NBA All-Star.) We’ll get to that mind-bending comparison in a […]
What’s actually a high net worth? 11 wild statistics and 4 life lessons from the world’s ultra rich individuals
Ever wonder how much money you’d need to be considered rich? Sure, there’s rich in the, “I’m feeling pretty secure right now,” sense of the word. Then there’s rich in the, “Hey, I might not even have to work any more!” (That’s the type of rich I’m aiming for, btw) But what about rich in […]
Does Money Buy Happiness? Britain’s Most Eccentric Billionaire Reveals the Truth
If you’re from the United Kingdom, you’ve no doubt heard of today’s guest. If you’re an apple pie eatin’ American across the pond like myself, you’re probably just as confused as I was. Well, let me tell you, you’re in for treat. Our guest is worth an estimated $750 million British pounds, which translates to […]
Liquid Net Worth – How to Calculate Your Runway to Financial Freedom
In the world of personal finance, liquid net worth is like the underappreciated, red-headed step child. While regular net worth aced every every class in school, graduated with honors, and went on to make his parents proud as a doctor or lawyer, liquid net worth is mostly forgotten. Which is a huge mistake. Because while Net […]
