We are brought up thinking that money can buy happiness, but freedom of time is what really leads to happiness. Yes, having money can give you the ability to choose how you spend your time, but this has more to do with your cost of living than it has to do with how much you make. If you can reduce your cost of living to the point that you are living substantially within your means, can stay as debt free as possible, can build savings and wealth, and can find ways to earn money that either doesn't require your time (like residual income) or is time you would be spending doing what you love to do anyway, then that will lead to true security, personal freedom, and happiness. Think of it kind of like a business. In business, you want to generate profits and invest those profits to build more profits. Here you want to generate time savings and invest that time to generate even more time savings. To generate that savings, you need to first consume less than you produce, then s
Well what an election it was this past week. Now it is time to prepare for what looks to be a radical new approach to the role of government. I am a libertarian at heart so I am cautiously optimistic, however, we have a President that disguises himself as looking out for the little guy when really he is like any other wealthy elite looking out for himself and other elites. No doubt, every policy move he makes will be to somehow enrich himself and other wealthy individuals/corporations some more. He'll keep giving lip service to trickle down economics, but in reality the money never leaves the hands of the wealthy. It stays there accumulating more and more money. One thing I will be watching closely is how he seems to want to gut government bureaucracy and oversight. If he starts making massive cuts to departments like the Department of Health, Education, Defense (through stopping the wars we are fighting), the SEC, even lowering interest rates, eventually the cuts will impact the c