by G. Brian Davis | Last updated Jan 11, 2024 | Active Real Estate Investing, Personal Finance, Spark Blog |
Going to work every day and getting a paycheck every two weeks? That’s active income. Being self-employed? Freelance work and side gigs? All active income too. Active income is money that you have to work in order to earn, on an ongoing basis. It’s trading time for...
by Chad Carson | Last updated Jan 11, 2024 | FIRE, Fun & Travel, Personal Finance, Spark Blog |
Rental properties are a great way to fund some or all of your retirement. They produce steady, predictable income without eating into your principal. And they have many tax advantages and other benefits for retirement. But before you embark on a multi-year real estate...
by Tara Scott | Last updated Jan 11, 2024 | Active Real Estate Investing, FIRE, Fun & Travel, Personal Finance, Spark Blog |
“I wanted to get money out of the way so I could spend my time with kids and a wife (I didn’t yet have.)” Greg Wilson retired recently at 42. But he started planning for financial independence and early retirement when he was a teenager: “I am the son of a...
by G. Brian Davis | Last updated Jan 12, 2024 | Active Real Estate Investing, FIRE, Fun & Travel, Personal Finance, Spark Blog |
I met Ashley Thompson in a Facebook group of Mustachians. No, she doesn’t have a mustache. She, like tens of thousands of people around the world, has embraced the financial discipline and minimalism preached by Mr. Money Mustache. (His blog remains one of the best...
by G. Brian Davis | Last updated Jan 12, 2024 | Active Real Estate Investing, FIRE, Fun & Travel, Personal Finance, Spark Blog |
Thought 1: “I think I could retire on what I have invested right now! Woohoo!” Which is quickly followed by Thought 2: “But what if the market crashes the day after I quit my job?” My mother and step-father are in the midst of this conversation right now. That...