Have you ever been curious about how blogs make money? Personal finance and investing is an excellent blog niche because the demand for financial advice is neverending. It’s satisfying work, as bloggers can positively influence readers by helping them make smarter financial decisions. Writing insightful content can lead to earning money through multiple blog income…
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AcreTrader Review: Farmland Investing for Income and Growth
This AcreTrader review was updated on 06/11/2020. About 60% of American farms are owner-operated. That leaves about 40% of farmland that’s rented or leased to farmers by landowners. The majority of farm landowners inherited the land and have either retired or have no interest in farming. Since farmland is commonly passed down to younger generations and…
What if the Economic Stimulus Doesn’t Work?
The U.S. government is taking extraordinary measures to inject trillions of dollars of economic stimulus into the economy through a variety of lifesaving financial flotation devices. The numbers are staggering, and it’s hard for average onlookers like you and me to comprehend the scale or effectiveness of what’s happening. It’s all so nonchalant, $2 trillion,…
Traveling to 45 Countries Taught Me These 8 Things About Money
A week after graduating from college, I flew to London and spent the summer riding trains and sleeping in hostels around Europe. Two things became clear that summer. I had no interest in more formal education, and I wanted to travel a lot more. The fastest way to travel again was to find a decent-paying…
Estate Plan or Vasectomy — What’s Worse?
One of my biggest failures as a parent and personal finance aficionado was waiting seven years after our first child was born to finish our estate plan. It seems that doing an estate plan is more prone to procrastination than most other grown-up checklist items, even vasectomies. (Be sure to answer the two survey questions…
The Definition of Financial Success is Not So Obvious
The Star Wars: Galaxy’s Edge attraction recently opened at both Disneyland in Anaheim, CA, and Walt Disney World in Orlando, FL. Despite the long-awaited openings, Disney stock analysts were disappointed to see overall theme park attendance down 3% in the fiscal third quarter. Visitors to the planet Batuu meet face-to-face with the Millennium Falcon and…
Masterworks Review 2020: Marilyn Monroe in Your Investment Portfolio?
This Masterworks review was updated on 01/02/2020. Part of what I love about being a money blogger is learning about innovative startups and investment platforms. Last year, I came across one that was particularly interesting and mentioned it in a post about alternative investment ideas. Today I’m digging deeper into Masterworks, an investment platform that…
For the Happiness of All Humankind
I’ve been thinking a lot about happiness recently. Not so much about what makes me happy, but about the mechanics of creating sustained happiness in life. Over and over again, I read about successful people I admire who have all the money they need but still don’t feel fulfilled with their lives. The actor Jim…
32 Questions, Five Years in the Making
More than five years ago, I started reading an anonymous money blog called 1500 Days. The writer had a similar idea to mine, to escape the rat race early and stop working on his terms instead of what’s traditionally considered normal retirement age. Since the beginning, the 1500 Days blog has hosted an almost weekly…
Investing vs. Gambling – What’s the Difference?
What’s the difference between investing vs. gambling? Well the simple answer is math, but there’s more to it than that. In my mid-teens, I went to Atlantic City with my family for an evening on the boardwalk. I was deeply interested in money for someone my age so the idea of gambling was intriguing, to say…
The Creation Mindset – Accelerate Your Wealth Trajectory
Buying compact discs (CDs) used to be a thing. That’s how we bought music back in the 1980’s and 1990’s. I spent a few thousand dollars on CDs throughout high school, college, and my early working years. One summer, I worked in a record store to earn money because my internship at a financial services company was…
Steak Dinner for Vegans
One of my new favorite podcasts is the Animal Spirits Podcast hosted by bloggers Michael Batnick and Ben Carlson of Ritholtz Wealth Management. These guys are prolific writers and tweeters who often poke fun at investment pundits and fund managers who try to predict future market returns. Turn on CNBC and there’s always someone who claims to know…
No Shortcuts For Bricklayers
A New York-based company called Construction Robotics has designed and built a bricklaying robot called SAM (Semi-Automated Mason) that can place up to 3,000 bricks during an 8-hour day. That’s about three times the number of bricks that the fastest human bricklayers can set. The machine requires at least two humans to load materials and finish…
Liquor, Ladies, and Leverage: How Smart People Go Broke
In 2002, a nineteen-year-old garbage man in the U.K. named Michael Carroll won a lottery jackpot worth $14 million dollars. Instead of making smart money moves with his winnings, he spent his fortune on jewelry and a mansion where he threw lavish parties with drugs and prostitutes. A decade later, he was broke and working…