About Allen Francis

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So far Allen Francis has created 167 blog entries.

How Many Hours Do Millionaires Work?

By |August 29th, 2021|Categories: Blog, Economics / Politics, General Personal Finance, Personal Finance Tips, small business|Tags: |

  Everyone wants to be a millionaire without truly appreciating what it takes to become one. More than "want," you need discipline, knowledge, hard work, and strategy to reach this status. Over 67 percent of millionaires are self-made successes and about 11 percent inherited their wealth. If you are wondering how many hours do millionaires work, it may be more

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Can Undocumented Immigrants Open an IRA?

By |August 29th, 2021|Categories: Economics / Politics, General Personal Finance, Life, Personal Finance Tips|Tags: , , |

  The United States has a long history of immigration tied to its founding and commercial expansion. The Pilgrims were immigrants. Contrary to popular belief, the founding fathers of this country showed fealty to England for a long time because they considered themselves products of English immigration. George Washington considered himself English and even fought as a commissioned English officer

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Millionaire Next Door Formula for Wealth Acquisition

By |August 29th, 2021|Categories: Blog, General Personal Finance, Personal Finance Tips|Tags: , |

Most people just want to be rich. It takes more than want. You must be a prodigious accumulator of wealth as opposed to being an under accumulator of wealth. There is even a formula that can help you assess your progress in accumulating wealth. It is a formula for wealth acquisition that was first developed in a book called The

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How Much Interest Will I Earn on $1 Million?

By |August 29th, 2021|Categories: Blog|Tags: , |

How much money you have does not matter as much as what you do with it strategically and financially. The point is that context is everything. For example, if you had a million dollars, the general wisdom is to never touch the principal and just live off the interest. Is it that simple? How much interest will I earn on

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How To Use $6 Black Gorilla Tape to Fix Minor Bumper Damage

By |August 27th, 2021|Categories: General Personal Finance, Life, Personal Finance Tips|Tags: |

  Want to guesstimate whether your neighbor can afford their car? Look for haphazard and unsightly do-it-yourself repair jobs. Growing up in New York City, I saw this all the time. And if you don't see others doing it, then it might be you. Patching up a bumper is expensive but that’s no reason to not conduct a clean patch-up

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Remove These 3 Useless Resume Points Right Now

By |August 23rd, 2021|Categories: Life|Tags: |

How often do you update your resume? Over 4 million Americans quit their jobs in April 2021 to ambitiously pursue personal career changes. The last time that happened was in the year 2000. And the average person stays on the same job for at least 4 years.  However, many people will change their jobs at least 15 times in their lifetime. And

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