I have been a freelance writer for over a decade now. And I can tell you from experience that if it wasn’t for the Affordable Care Act, I couldn’t have afforded to get medical care when I developed skin cancer a decade ago. I used to work in academia, and I took for granted the convenience of having employment-sponsored health
Have you ever heard of the term, “frontloading your life?” Frontloading is another term for strategically generating a passive income. The idea of frontloading is that you work as hard as possible now with a passive income business and then the workload lightens progressively later. However, there are passive income opportunities out there that don’t require any work effort from
When I was a child in the early 1980s, one of the more popular songs was a tune called, “Take This Job and Shove it,” by Johnny Paycheck. It was the kind of song that represented an attitude that permeated the popular culture at the time. Back then, people accepted their lot in life and applied for whatever job they
Most people imagine retirement as a bittersweet, voluntary entry into elderly age, hobbies, and relaxation. However, retirement in the real world has no resemblance to the way it is depicted in TV, movies, and popular culture. If anything, retirement can be a stress-inducing and difficult life transition. It can be difficult for retirees to suddenly switch from decades of working
Warren Buffett once said that when used appropriately, the stock market is ultimately a financial instrument that transfers wealth from the impatient to the patient. Investment should always be treated as a long-term financial strategy. There is no room for any get rich quick strategic thinking when it comes to investment. That is unless your strategy is to lose all
Investing should always be considered a long-term strategy. If you decide to invest for its own sake or to get rich quick, then you will end up getting broke quick. There is no standard for realizing returns quickly or on a timescale of your choosing. It can take years for you to realize a return on investment. And that could
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