Naval Ravikant’s How to Get Rich (without getting lucky) – Full Text

Naval Ravikant has written one of the most profound and succinct explanations of how to get rich ethically in the modern world that I have read.  I have posted the full text of the Tweetstorm below.  You can also find the original and follow Naval on Twitter at this link.    Naval Ravikant’s How to Get […]

Strategic Thinking Vs. Hard Work

Have you ever worked construction at the entry level?  I spent part of a summer working for a general contractor, getting paid $8 per hour to pour concrete, hammer nails, and do whatever else they needed.  That was hard work.  I don’t regret my time working in construction, and the main reason is that it […]

The Overspent American – A Key Book for Financial Independence

Juliet Schor’s The Overspent American was one of the five books that put me on a vector towards financial independence.  I read the book in my early twenties, and the material helped unhook me from the unconscious spending patterns of modern society. Key Ideas From The Overspent American People use spending to establish their social […]

One Psychological Trap That Investors (And Everyone) Should Avoid Like The Plague

Not long ago, I wrote about my biggest investment mistakes so far.  I realized this might have created the impression that I was kicking myself over and over for investments that, in particular, I had considered but failed to make.   Yes, buying Microsoft at 16 in February 2009 would have left me a lot better […]

The Biggest Mistake You May Be Making With Your Finances–Without Ever Realizing It

I have been passionately interested in personal finance for a very long time.  I know.  It’s kind of boring when a 22-year-old reads tons of books on investing, then gets a job at a financial institution at 23, and just keeps reading, investing, saving, and working at the puzzle of financial independence.  Dry as paint.  […]

Doing Things Differently On The Way To Financial Independence

Here is a great quote from about going your own way and doing things differently on the route to financial independence. “You can’t worry about deviating from social norms, because the norm is to be two paychecks from broke.” ~ MJ Demarco So true!  Try to buy social status, and you’ll end up broke….

What’s The One Thing That All Early Retirees Have In Common?

I’ve been reading books and blogs about personal finance for years. The advice and perspective runs the gamut.  Some are extreme savers.  Some are real estate gurus.  And some just want to travel.  But there is one thing all people who hit financial independence early in life have in common. They Have An Intense Focus […]

The Brazilian, The Ferrari, and Dr. Ruth

I’ll never forget that night.  I was in Miami for a trade conference.  My buddy John was posted to our embassy in Port-au-Prince, Haiti.  I was posted to Kingston, Jamaica. And here we were, enjoying a welcome respite back in the United States after many months advancing U.S. interests in the Caribbean ;).  John suggested […]

You Don’t Want To Pursue Money. You Want To Deserve Money.

Where Are You In The Economic Food Chain?

Since you are now streaking like an arrow towards financial independence, you are eventually going to start asking yourself more questions about your career and earnings potential. I’ve got a dirty little secret for you