I would look into Wealthfront and automatically contribute a set amount every month from your paycheck after tax. The first 15K under management is free and it’s just 0.25% after that. Sign up and play around with the risk tolerance meter to see what different type of portfolios they come up with. They do tax loss harvesting and automatically rebalance for you based on your risk tolerance. You don’t have to fund the account to see the different portfolios.


i sat through the webinar. i asked the chat box guy “why can’t we see a live view of how these funnels look?” he said you just have to trust michael cheney. well it was nothing more than hype. if you can see the actual product they are selling, that makes it hard to trust. I also asked, if this system is so great why doesn’t Michael just keep it a secret and earn millions and not share it? what does he need me for? He just wants to be nice? oh WOW how kind!
After you link all your accounts, use their Retirement Planning calculator that pulls your real data to give you as pure an estimation of your financial future as possible using Monte Carlo simulation algorithms. Definitely run your numbers to see how you’re doing. I’ve been using Personal Capital since 2012 and have seen my net worth skyrocket during this time thanks to better money management.
If you're new to the blogosphere then this book is brilliant, but if you're already somewhat experienced then you need to start looking elsewhere. It's really just all the blogging basics in one tome, but as far as building strategies it lacks a little bit. I do recommend it to anyone who wants to start they're own blog or has done it already and has yet to learn a little.
Thanks John and Sam – I’ll shoot this one over to my 22 yr old daughter who is about to graduate with an applied math degree. She plans to work for technology companies, probably starting with data analysis and visualization, which will pay over $100k within a few yrs depending on how much she wants to work. There isn’t any reason she can’t earn over $100k by 25, esp with me to help her get in (I’m in the biz…for maybe a few more years). I’m quite curious to see what kind of lifestyle she chooses. She’s smart and a good communicator, but she definitely isn’t the one yelling, “how high?” when some life-hating micromanager screams “JUMP!” :-)
If there’s one thing that all freelancers know, it is that their income is always ‘unpredictable’. Sometimes, you have work that you can’t even handle and sometimes, you are in desperate need for work. Your earnings as a freelancer depends on your time. The more time you spend, the more you will earn. This is why having recurring revenue can prove to be a significant factor of financial growth.
Petroleum engineers can maintain a normal life. Perhaps you’re thinking of a career in finance. I know I still wonder what could’ve been every time I visit Sam’s site. However, a senior engineering role (6-10 years) can command a $200,000 per year salary. Despite the high pay, I rarely see anyone consistently working more than 40 hours per week. When you calculate the hourly rate, it’s equivalent to someone who earns $300,000 but working 60 hours per week.

As of 2002, there were approximately 146,000 (0.1%) households with incomes exceeding $1,500,000, while the top 0.01% or 11,000 households had incomes exceeding $5,500,000. The 400 highest tax payers in the nation had gross annual household incomes exceeding $87,000,000. Household incomes for this group have risen more dramatically than for any other. As a result, the gap between those who make less than one and half million dollars annually (99.9% of households) and those who make more (0.1%) has been steadily increasing, prompting The New York Times to proclaim that the "Richest Are Leaving Even the Rich Far Behind."[43]
Hi, I’m Austin and just got enrolled in Marquettes business school about in the top 60 or 70 in the nation. I got mostly A’s in school and both my parents are senior project managers at jp Morgan. I am a driven student and want to be as successful as them. Does this school and their presence help me complete my goal of making 100k a year out of school?
I went through the entire training after which I started wondering, “Is this how to make 39,041.46 consistently every month?” Maybe it is or maybe not, depending on how you want to look at it. If you’d like to consistently make $39,041.46 per month in your dreams, I think it’s entirely possible. But if not, I seriously doubt it because of what contents the training is made of.
By another measure - the number of square feet per person in the home - the average home in the United States has more than 700 square feet per person, 50% - 100% more than in other high-income countries (though this indicator may be regarded as an accident of geography, climate and social preference, both within the USA and beyond it) but this metric indicates even those in the lowest income percentiles enjoy more living space than the middle classes in most European nations. Similarly ownership levels of 'gadgets' and access to amenities are exceptionally high compared to many other countries.[16][17]
I do have to comment though on your section where you mention pursuing an MBA for a higher salary. This is risky. In order to attend one of those top universities full-time (because I’m fairly certain those universities don’t have part-time programs, and if so, part-time programs are not looked at with the same respect as full-time from recruiters), one must give up 21-24 months of employment (which, in my current situation is about $140-145K) as well as pay $120-140 for the program. That’s $280,000 in costs.
On the other hand: the main reason of bankruptcy for small businesses is bad financial management. Simply said: to forget to make invoices, not checking the payments and not following bad payers. 1 out of 3 is going bankrupt for this reason alone. I had to learn it myself. I spend at least 10% of my time with financial stuff. I don’t love it but the bills get payed ;-)
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Thanks for stopping by! Blogging is a great way to make an income. What you are reading is a blog and it can be filled with words or videos to help your audience. You create content to attract a loyal readership and then you can monetize your blog by promoting products to your audience. Check out my free email course! https://twinsmommy.com/start-grow-earn-free-course/
I think there are two basic ways to get to 100K. First is to plan a career that offers jobs that pay 100K as FS talks about above. The second is to follow a passion that can lead to 100K due to your skill or making a good business out of the passion. (So, the passion job is not typically a 100K job – but you find a way or you follow it to a direction that leads to that income).
I saw that and sort of snorted at the similarity between that and working in the arts and then laughed out loud when you wrote “we’re not artists, for Pete’s sake.” I have no idea why people think that noble or creative jobs are a reward in themselves. We all still have the same base expenses in life. If you’re working 40 hours a week in a job that provides any sort of value, you should be able to cover them.
– The most important. TIME. Value your time and make sure your plate is clear to focus on growth of your most valuable skills. Time also gives you time for reflection, relaxation and a balanced life. Hire people to do redundant stuff. I’m currently dating but not married so I have someone come and clean the house, mow the lawn and do the laundry. This stuff would take me 3-4 hours a week. That’s 1.25 weeks in a year. At my earnings level, I’m “worth” $80-$100/hr with expected 50 hours working. For $10/hr someone else can do these tasks while I relax or make money. Same things in the work place. Reports, data collection, number crunching, answering non money making calls or emails etc…..
As is the case for most professional reviewers, many of the books I review on this site have been provided by the publisher or author, at no cost to me. I've also reviewed books that I bought, because they were worthy of your time. And I've also received dozens of review copies at no charge that do not get reviewed, either because they are not worthy or because they don't meet the subject criteria for this column, or simply because I haven't gotten around to them yet, since I only review one book per month. I have far more books in my office than I will ever read, and the receipt of a free book does not affect my review.

I only ask because sometimes I feel like my undergrad degrees are in subjects that people don’t care about in the finance or technology sectors. Where I live it seems like the people I know are getting paid $15-$18 an hour right after graduating college. The high positions I can qualify for after working for 10+ years at my non-profit only pay around $60k a year. I want more than that.


Although it’s an attractive way to make six figures, it’s extremely difficult. It’s obviously possible, and saying that, doesn’t compromise your article’s point. However, I think you should have stressed the blood, sweat, and tears that people put forth to go through those programs and not advertise it as a, “Hey, almost anyone can get into one of these top fifteen schools and make $240,000/yr. after two years of employment” in such a nonchalant manner (oh, and the 70-80 hour weeks).
Fantastic, thanks for sharing your story John! I am curious, you talk about UT a lot, are you by any chance from UT or in the Texas area? I’m not sure I can make 6 figures before the age of 25 with my employer but I’m going to look for other passive income opportunities to make sure that I get to make 6 figures by that age. It’s a bold goal but I hope that I can make it. Petroleum engineers are having a hard time right now but that’s the boom and bust of any commodity, right?
Hi TOM, I have really enjoyed your shared nice piece of content with us. ..Actually, I am thinking to design and develop a mobile comparison website but you know, it’s not an easy job to collect mobiles data. A lot of time and cost is required to build such a website and I don’t want to spend a lot of money as I am new in this field. My colleague has recommended me RevGlue for this purpose as this a UK based registered company and are providing mobiles and its deals data for the UK only with the name of RevEmbed technology as I have read its blog revglue.com/blog-detail/13-setup-free-uk-mobile-comparison-website but I am the little bit confused as its a newborn company. Anyone, have experience with RevGlue. Guide me in this respect. Waiting for your kind response. Thanks in advance.
I didn’t go back to technology until 2004 and didn’t start getting more focused on reclaiming financial independence until about 5 yrs ago, I guess. I’m still not as focused on FI as you and many of your readers are (or maybe used to be) – balance NOW is just as important to me as FI SOON. I’m wary of selling the present to the future, even if the future promises a sweet deal in exchange.
Yes I agree Dixon. The only way to achieve those figures is to build your own business and become your own boss. It takes hard work and dedication, and it ALWAYS takes money to make money on some level. If you want to make a million dollars, you best believe there are start up costs. The key is to find the right opportunity, with a low start up cost, and an IMMENSE support system in place. You need to find Mentors who have already achieved what you want to achieve and emulate their daily actions and habits.
...It is essential that the duties of the positions be performed with the diligence that their importance requires. Inevitably, then, a society must have, first, some kind of rewards that it can use as inducements, and, second, some way of distributing these rewards differently according to positions. The rewards and their distribution become part of the social order... If the rights and perquisites of different positions in a society must be unequal, then society must be stratified... Hence every society... must differentiate persons... and must therefore possess a certain amount of institutionalized inequality.
Before my Dad passed when I was thirteen, he established in me a strong mindset of ” no matter what you do son, don’t half ass anything. I hate a half ass! ” Now I’m 26, and this mindset has blessed every part of my life. With nothing more than a high school education, self learning, and an “I can do better, learn more, and give my all” attitude, I now earn 120,000 as a maintenance mechanic at a chemical plant. I believe it’s smart to know that success isn’t just about how much you make, it’s about what you have vs. what you owe. I bought my first house at 19, and a 100+ acre farm at 25. You may not get that dream job right away, but if you don’t give it your all at everything, all the time, you can’t blame circumstances. The day, or days, you decide to be lazy, there is someone out there who is pushing, who is going the extra mile, and who might get that dream job you wanted because they put in the extra effort. If you are looking at college, I can say that everyone I know that got a degree in biomedical engineering landed high paying, travel the world jobs right out of college.
Don’t set a goal to write 3 blog posts a day… set a goal to write 1 blog post a week and make that post super helpful, long, and filled with information that is so valuable you will say “yeah, people will link to that.” 90% of my traffic/affiliate income comes from just 20 tutorials, many of which are 5+ years old. But I am constantly updating them to make the content better.

By another measure - the number of square feet per person in the home - the average home in the United States has more than 700 square feet per person, 50% - 100% more than in other high-income countries (though this indicator may be regarded as an accident of geography, climate and social preference, both within the USA and beyond it) but this metric indicates even those in the lowest income percentiles enjoy more living space than the middle classes in most European nations. Similarly ownership levels of 'gadgets' and access to amenities are exceptionally high compared to many other countries.[16][17]
This isn’t a cheap product that you can buy on the off-chance that it is useful. Instead, the full product costs $1,997. Yes, really. It costs almost $2,000. You can also pay in two payments of $1,100, which are 30 days apart. I'm sorry, but I really can't justify purchasing, or recommending that you purchase a product for two grand. I've purchased two-thousand-dollar products before and they have never been worth it. The most I've paid for a product and been satisfied with it was around $500.
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