Harness Money Tip #5

Credit card debt is bad debt. Why? Because it adds up quickly. But more importantly, if you are racking up credit card debt this means that you are not focused on investing and growing that net worth. I want you to be rich. And that only happens by having less stuff and more assets. IfContinue reading “Harness Money Tip #5”

A New Era Begins…

My latest Harness Money newsletter is out! This is where I break down the latest money headlines that are in the news and in my thoughts. I give you stocks I am investing in right now and I invest in the market every single week. Click here to read the Harness Money newsletter for FREE!Continue reading “A New Era Begins…”

Stock Account As Savings Account

A person can increase their wealth faster if they use their stock account as their savings account. But do the risks outweigh the advantages?

Your Ultimate Guide To The Emergency Fund

Having a fully funded emergency fund gives you the foundation to reach financial independence. Discover all the tools need to start and fuel your fund faster.

My Best Investment To Date

My best investment has come from search for value that others have missed. You can replicate my success.

Changing from a ROTH IRA to Traditional IRA

Your future self is depending on the choices you make right now. I learned more information and I changed from a ROTH to a Traditional IRA.

The simplest math behind financial independence

Financial independence feels impossible for me. You reach financial independence when you have 25 times your expenses. Step 1: Calculate your expenses Me: 20,000 per year Step 2: multiple your annual expenses by 25 Me: 20,000 x 25 = 500,000 In theory, I need $500,000 to “retire” and live off my “investments”. Based on theContinue reading “The simplest math behind financial independence”

Your savings should always work for you

Cash in the bank gives you the most comfort. Knowing that you a significant amount of money waiting for you can give you a lot of freedom. If I lost my job tomorrow, yes I am an employee for a business, I really would not mind. It would be a bummer and I would haveContinue reading “Your savings should always work for you”

The tech piggy bank

This is the best time to be alive. Even in the face of a virus pandemic, all of us have so many things to be thankful for in our lives. I am thankful for technology. My parents always talk about the “good old days”. I never correct them when they talk about it, but IContinue reading “The tech piggy bank”