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How The Wealthy Really Generate Passive Income: Lessons Learned From The Game Of Monopoly

Think back to the last time you played Monopoly; what is the one thing the winner has? The most assets. They have a lot of the assets on the board from real estate with homes and hotels built on them to railroads and utility companies. To win at the game of Monopoly, assets are the […]

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How The Rich Leverage Their Knowledge Of Taxes

It’s likely you remember the anticipation of the very first paycheck you received from your first real job. However, when you opened the envelope containing your check, there was undoubtedly some disappointment. I went to Catholic school, and we had nuns teaching some of the classes. Every now and then one of the nuns would […]

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The Ugly Truth About Financial Institutions

It’s our natural inclination to trust the knowledge, opinions, and recommendations of those in authority. From doctors and officers to teachers, judges, civic leaders and other positions of power – we hope others offer their expertise with only the best of intentions. Unfortunately, that’s not always the case. Many financial institutions don’t have your best […]

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How The Lack Of Fiduciary Financial Help Can Leave You Financially Imprisoned

Let’s say you have a family of four and you walk into a Chevrolet dealership and say, “I need transportation for my family.” They could sell you two souped-up Corvettes. They might say, “Hey, you have four people. Mom and Dad could each drive one car, and you can put one kid with each of […]

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Understanding The Critical Differences Between Needs, Wants And Wishes

Do you remember having conversations in childhood or adolescence with your parents or another guardian when it came to expectations around money? Many power struggles have occurred between children who do not understand the true difference between needs, wants, and wishes and the adults who have learned along the way. Whether it was the trendy […]

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Assessment

How many days, months, or years could you survive without working? Do you have enough passive income so that you do not have to sell off your investments, your home, or your belongings? Can you maintain your living standard if you were unable or had to stop working? This test will help you determine where you are and whether there are steps you could take to improve your financial outlook.

Take the assessment