Thanksgiving has come and gone and we are now on the verge of December. Exciting times, and there’s just one more month before the year is over! I’m looking forward to closing out December strong so that I can relax in Maui beginning in January of 2014.
Still, we have one month to go and a lot of work to do. For December, I want to focus more on writing and rewriting some real estate articles for the beginner investor. I also want to better organize my results from this year (2013) so that I can better share with readers all the progress I’ve made so far. I think the cash flow numbers will be inspirational because they’ve been even higher than I originally anticipated. What an awesome feeling! Also, there’s nothing magical about it either. Just slow and steady wins the race. Keep investing and re-investing, time and time again…
Here are the inspirational posts of this week:
My Perfect Work Day by theFIREstarter
For anyone working the 9 to 5, I’m guessing your ideal work day doesn’t exactly align with your actual work day. In this post, theFIREstarter outlines his own preferred workday. It’s crazy to think how much human life (time) is wasted on useless meetings and long commutes. What works best for you?
Financial independence is what we are all striving for. Seriously, what would benefit your life more than having all the free time in the world? Time would slow down… or stop altogether for you, since you would now be in possession of it and can control what you want to do with it. Those who aren’t there yet dream about this very scenario… regularly. I know I do, and I’m counting down the days until the dream becomes a reality. Anyone who needs motivation and inspiration should check out Jason’s latest post. Let’s stop playing in a cave… let’s go outside and play for real!
The Video that Started It All… by Financial Freedom
It doesn’t seem that long ago when I first started my own journey to financial independence. It’s awesome how many new blogs have started up since then. We all remember when we first started… what an exciting and fun time! FFdividend outlines his own thought process and how he decided to use dividend investing as his vehicle to financial freedom.
New Here? Let me show you around! by Write Your Own Reality
This is a great blog with lots of inspiring articles. This post serves as a tour/guide to the main website, but also included are some of the best content found on the site. I found the article about The Right Job – Turning Down a 30% Raise very relatable, as I recently turned down a better offer for the better fit. It’s not all about the money…
How I Become A Millionaire…In Debt by getting a rich life
I love this article and website. Charles is a guy who thinks differently than most, which is probably why he achieves results that others don’t. As you know, I’m a huge fan of real estate and using leverage responsibly. Charles reminds us that it’s the positive cash flow that matters with rental properties. If they can pay for themselves (and provide a strong safety margin) then why not leverage up to acquire more properties? He wouldn’t mind going $2 million in debt… I’m sure this viewpoint doesn’t resonate with 99% of people out there… but it does with me. I feel the same way, and will leverage up to $3 million, $4 million, etc. If the bank will lend it, and I can locate the right deals to invest the money to attain 15% cash-on-cash returns… I’ll take it!
The Twenty Dollar Trick: Does It Really Work? by Savvy with Saving
Not sure if this $20 trick really works at hotels, as I had never heard of it before. I usually book hotels for free, thanks to travel hacking, but this might be worth trying for an upgrade, at some point. Looks like it’s accepted universally, and a rather well known trick travelers use to get a nice upgrade.
The Costs Of Following A Dream by frugaling
This is a guest article from Stefanie over at The Broke and Beautiful Life. I found this story inspirational, as it’s a lifestyle that’s totally different from the one I’m used to working in Corporate America. It can be a rollercoaster ride, at times, as she describes. However, one should always follow their dreams, especially when they are young and capable. You don’t want to look back down the road and have any regrets!
November Recap by Compounding Income
Compounding Income continues to crush it each and every month. This latest recap is great motivation for anyone who’s using dividend investing as a method to achieving financial independence. Even on a “bad month”, the dividend income still approaches $400. Can’t wait to see the results next month… which is when most of the dividend companies pay out!
Millennials: It’s Not Too Late to Plan for an Early Retirement by Daily Finance
Always awesome to see millennials who are taking care of business! It’s crazy to think that the expected retirement age for this generation has been pushed out to 73. This is a guest post from Erin over at Broke Millennial. Nice to read about other bloggers who are serious about retiring before 40. See you all at the top!