Why I Don’t Like Bank Savings Accounts
You hear this a lot… “People are not saving enough money for retirement”. And that IS a big problem. Here is an answer to why no saving enough is happening: “One of the biggest reasons people don’t save is…
How Much Profit Should You Expect From Your Investments?
I am a true believer that if you want to accumulate wealth, you need to be investing. As you can see from this site, we concentrate on starting an online business to make money so we have money to invest.…
Are Millionaire Myths Keeping You Poor?
If you are not a millionaire, you probably have some preconceived notions about millionaires, or how to become a millionaire. And since you don’t have first hand knowledge, a lot of these beliefs are nothing more than myths. And it…
What Is Financial Freedom?
We hear a lot about financial freedom when talking about personal finance. I talk a lot about financial freedom and financial security. But since financial freedom means something different to each person, I think it is important to take some…
Save Like You Are Going To Retire Early Even If That Is Not The Plan
If you read this blog, you will see a lot of statistics about how people are not financially prepared for retirement. The sad truth is most people are going to have to deal with some tough decisions when they reach…
Does “More Money” Really Equal More Happiness (Tony Robbins says “no”)
I always like it when an ultra-rich person says that money is not the key to happiness. For a lot of people struggling to get by, having more money sure seems like it would be a good thing. Here is…
What Is The Difference Between Savings And Investments
I read a lot of articles and blog posts in the personal finance niche. And I’ve noticed a lot of people blur the lines between what they mean when they save “savings” and “investments”. For example, I just read an…
How Much Wealth Do Your Really Need To Be Content?
The Lifelong Financial Security site is about creating a plan that involves income, budget, investment and savings to create financial security. It is about growing wealth and enjoying the sense of fulfillment and security that comes with knowing you are…
An Argument Against F.I.R.E. From Shark Tank’s Kevin O’Leary
Seems that everyone has an opinion about F.I.R.E. (Financial Independence Retire Early). I know I do. Here is Kevin O’Leary’s (from Shark Tank), opinion about F.I.R.E. and why he thinks it doesn’t work. Kevin O’Leary: Here’s why FIRE doesn’t…
Is “Work Until You Drop Dead” Your Financial Plan?
Look, I get it. By the time a lot of people start thinking about retirement, it might already seem too late. Let’s say you are in your 40’s and decide it is time to take your retirement planning seriously. So…
