All, For this posting, I'm sharing a couple of neat finance sites I found, as well as a personal wealth update. Here are the two sites I found: So I was looking around for additional passive income sources this morning and came across Neevo. Neevo is an AI training site where you can get paid to help train the software by doing micro tasks like grading essays or … [Read more...] about James’ Thursday Wealth Update: Incremental Growth
Hi Dinks, May was remarkable for its consistency with the rest of the year. There weren't a lot of drastic changes, just a lot of grinding out extra money and keeping the show on the road. I'll just highlight some of the positives, then share where I have some room for improvement. The Positives A) Tornado. A friend from Facebook turned me onto Tornado (formerly … [Read more...] about How Much Wealth Did James Have In May 2022?
All, It is mid-March, so I sat down and added up my net worth this weekend. My wealth was $402,000. This is up $386,000 from December of last year. The major components are my online business, the equity in my condo, stock, and some other assets. Here are the actual figures: Here are some highlights that are working for my wealth building - they may … [Read more...] about James’ March Wealth Update
Religion is one of those topics that's unexplored when it comes to personal finance. If you surf the web, you won't find much discussion of it. If you read the Wall Street Journal or Investors Business Daily, you hardly see a mention of religion at all. This is a shame. If you look at it, religion has played a defining role in much of human history. For example, religion was … [Read more...] about Why Episcopalians and Jewish People are Richer
Tesla Motors' founder may have designs on travel to Mars, but his brother Kimbal Musk plans to stay on earth. Although the two have collaborated on a couple of major ventures like PayPal and Zip2, Kimbal has amassed his own wealth. Although it’s hard to top Elon Musk’s success with SpaceX and Tesla, which have catapulted him to a net worth of as much as $13.3 billion, … [Read more...] about What Is Kimbal Musk’s Net Worth?
Okay so I sat down and calculated my net worth last weekend. I'm up 2.48% from May. July's wealth total was $386,959.70, up $9,377.09 from May's $377,582.61. The major long term drivers of the growth have been: A. Appreciation of my condo unit. The value of the condo increased by about $1,000. B. Growth of my stock - I was able to make a substantial deposit of … [Read more...] about July Net Worth Update – Up $9,377 to $386,959.70
So, it's mid-March, which means it's time for a monthly update. This month hasn't been too sexy, mostly I focused on consistent debt and cost reduction. Here is the breakdown of what I've been up to. Canceled Services & Reduced Bills This month I spent some quality time on the phone with Comcast/Xfinity. I got autopay set up for a total savings of $10 per month, or $120 … [Read more...] about James’ 2021 March Wealth Update
I have been a writer for DINKs now for over 15 months, expanding on topics from real estate to prenups, letting some personal information slip through some pieces here and there but never fully exposing myself. In this post, the goal is to take you on my personal financial journey and what building 7 streams of passive income really looks like. … [Read more...] about What Building 7 Streams Of Passive Income Really Looks Like
One challenge with blogging is the more you post, the less useful and relevant things you have to say. In the rush to continually generate content, sometimes the relevance of many postings for building wealth falls by the wayside. In an effort to stay focused on generating useful information, I wanted to make our readers aware of two great resources on the net. … [Read more...] about Better Models for Building Wealth
If you've read the book The Millionaire Next Door, you probably know who the late Thomas J. Stanley is. Stanley is a former marketing professor at the University of Georgia who has made a career out of studying America's wealthy. Unlike a lot of the guru's out there, Stanley bases his observations on solid survey data, so I trust what he has to say. Specifically, in his book, … [Read more...] about Bad Grades a Barrier to Wealth? Think Again.