2million's Personal Finance Blog

My Journey to Financial Freedom

November 29, 2006

Do You Know What a Dollar is Worth?

Shortly after I turned 15 my first job opportunity materialized. A friend of mine was a dishwasher at a very small local restaurant but needed a sub one night. This was the moment I was waiting for - finally I...
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December 6, 2006

Pay for Performance

Despite my graduate studies following Dr. Edward Deming, a believer of the "willing worker", I am a true believer of pay for performance models. I recognize that I perform better when I can associate my income with my efforts. As...
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December 8, 2006

Current Streams of Income

One of the areas I want to pay more attention to is developing multiple streams of income. I hope to dig into over the next week. The concept is to develop income from multiple areas basically so that "all your...
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December 12, 2006

As-is Future Income Streams

Earlier I took a look at my current income streams. Now I would like to take a look at what my income streams will likely look like in 2008 if I don't make any major changes. The biggest difference would...
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January 16, 2007

Tallying my 2006 Passive Income

So where am I at with my passive income? After all this is just as important as measuring my net worth, if I can't generate enough income to pay for my living expenses, that I won't be financially free no...
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December 14, 2007

How Much of Your Job Pay Is For Income Risk?

When I started my current career, I established a mental model of my job compensation that I believe helps me accumulate wealth. I looked at the salary I was receiving for my job at a technoglogy company that is in...
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June 23, 2008

Opened a Chinese Bank Account

With some help, I finally opened a local bank account in China at China Merchants Bank. I had been avoiding the need to use a local account by using my HSBC Direct Savings Account with HSBC ATM card to pull...
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