I spend a lot of idle time thinking about how we can get our personal finances back to the glory days of 2008 for us. Back when we didn't have a larger home, a baby, 2 incomes and all the...
Continue reading "Thoughts on Improving Cash Flow" »
Whats Wrong With the US Economy? -Housing Bubble is Deflating -The US economy is shrinking at an enormous rate due to downward spiral created and the uncertainty in the market Whats Right With the US Economy? -Energy costs are falling...
Continue reading "Trying to Keep the Economy in Perspective" »
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...
Continue reading "Opened a Chinese Bank Account" »
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...
Continue reading "How Much of Your Job Pay Is For Income Risk?" »
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...
Continue reading "Tallying my 2006 Passive Income" »
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...
Continue reading "As-is Future Income Streams" »
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...
Continue reading "Current Streams of Income" »
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...
Continue reading "Pay for Performance" »
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...
Continue reading "Do You Know What a Dollar is Worth?" »
A personal finance weblog of my journey to reach my goal of $2 million + the value of my primary residence.
Current Net Worth: $633,143
 |  |
Twitter
Email
RSS