by Keith Weinhold | Aug 1, 2021 | Blog
Most people think that owning a home is a financial asset. That’s not true. Rich Dad said, “A home is a liability, not an asset.” An asset puts money into your pocket every month. A home takes money out of your pocket every month. Though owning a home is rarely a good...
by Keith Weinhold | Jul 23, 2021 | Blog
Which group of people are typically better humans – members of a wealthy group or a poor group? Some say that money is the root of all evil. No, lack of money is the root of all evil. In the history of the world, no one has ever pulled up in a Rolls Royce to rob...
by Keith Weinhold | Jul 23, 2021 | Blog
Personally, I like 40-year mortgages more than 30s. It would lower your payment amount and increase your cash flow. It slows your leak of cash into equity. That’s good, because financial freedom is achieved when money flows the opposite direction – equity...
by Keith Weinhold | Jul 21, 2021 | Blog
I come from a great family. My brother and I grew up loved by two parents in a stable home. They still live in the same, humble, 1900-built Victorian house in upstate Pennsylvania. They have owned it continuously since 1974. I’ll soon celebrate my parents’...
by Keith Weinhold | Jul 12, 2021 | Blog
My personal inflation rate just edged higher… again. Yesterday, I discovered that my neighborhood drive-thru car wash increased their price from $16 to $18. (And the car dryer still doesn’t last long enough.) Inflation, debt, and taxes are three wealth...
by Keith Weinhold | Jul 6, 2021 | Blog
Kathleen makes $40,000 per year. I think it’s clear that she needs more income. She seeks investment advice. Here’s what Kathleen got. Click below. One achieves financial freedom by successfully converting enough equity into cash flow. A paid-off home...
