Tag: Investing

How to Understand Cash Flow

What is Cash Flow? Cash Flow is the bread and butter of passive income! Cash Flow is easily described as the difference between your income, and your expenses. For example, if you earn $1,000 in rental income and the total

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$1,000 Grow Your Dough Throwdown!

Courtesy of Jeff Rose! What is the $1,000 Grow Your Dough Throwdown? The Grow Your Dough Throwdown is a challenge for YouTubers in the personal finance community. We will take $1,000 of our own money and invest it in our

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Your House is Not an Asset!

Your House is Not an Asset! There are many people that believe the greatest asset they own is their residence. Unfortunately, that is often not the case. It is a shame to watch people spend money on their house falsely

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Pay yourself first!

Pay Yourself First! Paying yourself first is a concept that I first read about in “The Richest Man in Babylon” By George Samuel Clason. The idea is that you must put 10% of your earnings away for investing BEFORE doing

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