Blog

My discovery of Temporary Cash

Temporary Cash is an improvement from the One-Time Cash world, in that you work once and get paid again and again but only for a limited, temporary time.

The time I discovered One Time cash

One of the most enlightening moments on my path to financial independence was when I realized that not all money is created equal. I divide money into three categories: One-Time Cash, Temporary Cash, and Forever Cash.

How I cracked the code used by the rich

Since I quit my job, I have learned a lot about how the world of money works, and how sometimes it seems like the rich operate by a separate set of rules than the rest of us.

“Pile of cash”? More like “Pile of crap”

The theory of building a pile of cash (also often known as “the number”) that will last for life has not worked for most people.

Tips for finding a great area to flip land

Flipping vacant land is awesome, but you don’t want to find yourself holding tons of parcels that nobody wants.

It’s not just about making money…

In my time here on Earth, I have learned an incredibly valuable lesson about personal finances – it’s not how much money you make – it’s how you spend that money that counts. At my live events, I meet people who make $100,000, $200,000, or maybe...

My financial independence – before and after quitting my job

When my former employer let go 1,000 workers in one single day, I realized that there were no guarantees as long as I realized on someone else to put money in my pocket. That day, I internally quit.

How I evaluted money-making opportunities

When I first realized that I had to find a better way to make a living, I didn’t rule out anything. I looked at real estate investing, stock market investing, and any conceivable method of making money. After each one, I evaluated each opportunity based on the following four criteria:

Just making more money is not enough

People sometimes ask me why I spend so much time teaching others how to make and invest money? I guess I’m motivated by the same thing that motivates any teacher – I want everybody to be armed with the knowledge they need to survive and thrive in the real world.

The basics of the Wealth Wheel process

The Wealth Wheel is one of the major tenants of the Forever Cash philosophy. By following the steps in order, you can make more money, pay off your debts, and invest in cash producing assets. So what are the main components of the Wealth Wheel? Have a look at the graphic below: