Depending upon your world view, getting into “The 1%” is either shameful or commendable. Regardless of your perspective here, let’s look at what it takes to actually be in the top 1%. Measuring Wealth There are two main ways to measure wealth: income and net worth. It turns out that there is little correlation between income and […]
Alaskans: Save your PFD!
There are quite a few unusual things up here in Alaska. For instance, it is common to be chased by a moose while running at Kincaid Park. You can scoop salmon out of the Kenai river without a rod. And for five months out of the year, the sun barely peeks above the horizon. The Permanent Fund Dividend […]
To Reduce Expenses, Focus On The Big 3
If you’re trying to earn your freedom, you need to save a huge percentage of your income, somewhere on the order of 50%. To do this, you need to reduce your expenses significantly. Foregoing your daily coffee, while important, is not really going to cut it. You need to make large sweeping slashes in the big […]
Live on Half and Forget the Rest
Here at LiveFreeMD we don’t just want you to keep up. We don’t just want you to be average. We want you to get ahead. Way ahead. I’ve mentioned this a few times in prior posts, but it is worth an entire post because it is so important. In order to win financially, you will need to […]
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