Bøker av Joshua King

Everyone has easy access to credit cards nowadays. These things can become quite dangerous if used freely.Debit cards ensure you have the funds available to make the purchase but also offer fewer rewards and protections.There are benefits to both, but you must understand them before using them. Debit cards should be your first foray into the card business.There are unique debit cards that give cashback rewards and others that feed you dividends.Once you have an emergency fund and are debt-free, credit cards may be an option to increase your wealth. However, you need to respect their destructive power. Good Luck!

Let's look at the old choice between a trade school, college, or the military. I had to make this choice in 1999 when I finished high school.Today, the rules are different, as all paths lead to the same conclusion. Going to work everyday will not put you far ahead in life.Instead, we must work, save, and develop skills that lead to passion income. That's right; we will need to lead a double life of rental properties, dividends, and royalties.Therefore, any route we choose can lead to success. Our job pays the bills, but passion income sets us free. Oh yeah, avoid debt at all costs. Good Luck!

Becoming an income investor changed my life. I struggled with my finances and finding enough money to get through the month.Today, I always have extra income remaining at the end of the month. The goal of income investing is to produce excess cash flow.Your household runs on cash flow. As your kids grow and life happens, you will need even more income than you can imagine.Your income-investing portfolio is there when you need it. If you don't need the funds, you can reinvest to make even more the next month.Becoming an income investor has a steep learning curve, but you can overcome it. Just let your dream lifestyle fuel your passion for dividends, and it'll all work out. Good Luck!

We made it to our 70s, so congratulations to us. However, we still have much life left, so we need income.Our top priority is protecting our capital at this age. However, we can use bond interest to invest in higher-yielding securities.We should also attempt to build generational wealth by investing in Series "I" Bonds for the grandkids.Finally, we need an active income component to our lives, or we will succumb to inflation. We can walk dogs, write a blog, or sell fruit from our garden.If we can create money from thin air, we will always thrive in today's environment. We can also enjoy our side hustles. Good Luck!

My family and I just ate out at Ruby Tuesdays. It cost $150, and we had e a wonderful time together.The great part is that I had a budget of $312 for the day. I keep a daily budget of $50 and can arrange my lifestyle to accommodate special events.The magic of having a budget is having fun without any guilt. You will work to build special events into your plan so that you can enjoy them.If you don't have a budget, your credit card becomes your solution-however, our minds like operating under restrictions such as a budget.When we conform to a budget, our creative ability shines, and we can have more fun for less money. Don't let credit cards take this away from you. Good Luck!

Do you fear you could lose your job during the next recession? Having only one source of income can be pretty risky.Whether you lose your job or not, you'll need to create another revenue stream. Why not start an online business?An online business has the potential to reach a massive worldwide audience. The more people you serve, the wealthier you become.However, building an online presence takes time to compound and grow. Do you have the grit to stick it out for 5-10 years? If so, welcome to the club! Good Luck.

Why do wealthy people always seem to have money, even when they are not working?The secret to people's wealth is that they make money 24 hours a day, even while they are sleeping.Luckily, you can earn money around the clock via dividends. Don't worry; the stock market isn't a giant casino that will eat your money.When you invest for dividends, all your purchases make sense. Even better, they pay you your money back in the form of dividends.You'll find the process pretty straightforward once you get past the initial shock of stock market investing. That's when you start making real money. Good Luck!

Are you looking to get a credit card? First, I want to ensure you hate debt and credit cards even more.This is not a love/hate relationship; it is a hate/hate relationship. Debt and credit cards are evil and ruin lives.That being said, they are a necessary evil. We must conquer their allure and use them effectively. First, let's say $1,000 in our savings account. Next, we can ask for a credit card with a $1,000 limit.This is the best way to ensure we never roll over a charge. If you can manage your credit card effectively, you'll enjoy all the benefits of leverage later in life. Good Luck!

Do you want to get ahead financially? Investing in real estate is a surefire way to create financial prosperity.However, owning multiple houses is only for some. Numerous tasks will keep you busy.These tasks include property management, personal and property taxes, insurance, homeowner's association, and maintenance.If it is so hectic, why do I own multiple homes? Because it guarantees my financial future as well as my children's.Is it worth the hassle to own multiple homes? Yes, absolutely. The amount of leverage, equity, and wealth your homes can generate is unparalleled. You need only prepare for being a landlord. Good Luck!

Series "I" Bonds went on an absolute tear in 2022, yielding over 9% at one point. However, inflation is slowly tapering down, and interest rates are receding.So should we sell our Series "I" Bonds and transition into higher-yielding securities? I have seen a lot of chatter to this effect.I am keeping my Series "I" Bonds for the entire 30-year span. The goal of these bonds is to protect me from inflation while giving me a modest gain.I can invest in income-investing products to gain higher yields. Series "I" Bonds can insulate me from inflation, serve on my emergency fund, and give me superior results from time to time. What's not to love about Series "I" Bonds? Good Luck!

I have been writing online for three years. But why would a US Marine suddenly shift to creating online content?The truth is that I wanted my next job to be portable and not time-intensive. I wanted complete control and autonomy over my schedule and workload.I looked over all of my options, and writing was hands down the best choice for my future career.Becoming a writer has been everything I wanted. It is a chance to build a legacy, interact with others, and grow my passive income. Good Luck!

Do you want to become an income investor? Do you want a portfolio of high-yield products that earn over 10%?Most people cannot imagine investing for income. However, there is a way to invest while keeping your principle completely safe.By using your interest payments from bonds to invest for income, you protect your principle while juicing your returns.It will take longer to get high-yield results, but you are doing it more safely. This may be an excellent strategy if you have a 10-20 year investing horizon. Good Luck!

There has been a lot of talk about thought leadership recently. You may have to become a thought leader to get to the forefront of entrepreneurship and business.But what is thought leadership, and how can you become a thought leader? Thought leaders have their own unique vision and can articulate it clearly.But you cannot just get on stage and throw your opinions to the world. You must be well-read, clear, and concise.Reading, writing, and arithmetic are essential skills to communicate effectively. Thought leadership combines what you read, experience, and predict.It is quite a person who can read for understanding and continue to make assumptions moving forward. Not everyone can be a thought leader, so do you have what it takes? Good Luck!

After the debt explosion between ages 25-45, it's time to become advanced credit card users.The first step is to pay off our credit cards altogether. The next step is to avoid taking on other debt from expensive cars, RVs, boats, RVs, and motorcycles.This timeframe is when midlife crises can strike at the cost of our wallets. We cannot prevent financial emergencies if we overleverage ourselves with adult toys.Therefore, it is vital we build our emergency and maintenance funds, increase our cash flow, and keep a zero balance on our credit cards.Once we build up our emergency funds completely, we can set ourselves up to become expert credit card users.

Are your kids in public school? How's that working out for you? I'm kidding because my children attend public school as well.Wouldn't it be nice for your kids to get one-on-one schooling from someone who cares deeply about their future?Homeschooling can offer an excellent opportunity to build your kids' future, plus more benefits.If you homeschool, you can move as far away from the city as possible. Combine homeschooling with farming, gardening, and homesteading, and you will have a great way of life. Good Luck!

Life is fantastic when you have zero debt. But how do we get there?First, we must find a higher purpose to get out of debt than ourselves. We are flawed as humans, but when we give to others, it steeles our resolve.Next, we must slow our consumer spending. Our itch to "shop until we drop" is what puts us in consumer debt.Finally, we must budget until our heart's content. Budgeting is fun once we understand the purpose and see the results.Once everything is in place, we will crush our debt and start living stress-free lives. It is tough at first, but worth the pain. Good Luck!

Do you want to become an income investor? Income investing has improved my life, so I love discussing it.One of the significant portions of income investing is preferred shares. Preferred shares are notorious for hiding in plain sight.There are many ways to invest in preferred shares, with time being time most common limiting factor.If you have the time, picking individual preferred shares is the best method. However, you can also dollar-cost average into preferred ETFs and closed-end funds.It's a great idea to gain exposure to preferred shares-eventually picking individual securities. If I can do it, you can as well. Good Luck!

They told you that your 401K was enough for retirement? Were they lying, or can you survive on your 401K?A little of both. Even if you have millions in a 401K, you need to convert that money into productive income.Or you can create streams of income in addition to your 401K. Having a 401K, social security, and a pension are significant steps towards living a comfortable retirement.However, if you add dividends, bonds, royalties, rental income, and cryptocurrencies to your portfolio, you can build an extraordinary life for yourself. Good Luck!

You worked hard for 30 to 40 years to build a massive nest egg in your 401K. Now, what do you do with it?Experts want you to use the complex four percent rule that can jeopardize your principle. They want you to hire a money manager who can execute the four percent rule for you while taking 1-2%.Or you can convert your nest egg into income. Yes, it will take some self-education on your part, but it'll be worth it.Combine income investing, an emergency fund, and some passive income streams (renting rooms, blogging, etc.), and you will make more income in retirement than working. Good Luck!

Do you believe you can save $100,000? If not, you have some powerful limiting beliefs working against you.The first step during your season of saving is overcoming limiting beliefs and a scarcity mindset.You can achieve this by reading books and believing in the process of compounding.Not only does our wealth compound but also our knowledge. Once we get the ball moving, we can quickly amass $100,000 in less than five years. Good Luck!

I dream of homeschooling my grandkids. I am disappointed in the school system and can do a better job of providing my grandkids with "the information."You may feel the same, and I understand why. However, running a homeschool is challenging in its own right.The goal of homeschooling is to create independent learners. To teach independent learning, you must also be an independent learner.What better way to create freedom than to start an online business to complement your homeschool? You can tailor the hours you work on your business around your homeschool.When you have a homeschool and an online business (blogging works best), you create the ultimate freedom for yourself and your children. Good Luck!

I've arrived at my destination, but there is no rest for the weary. It's time for me to start an automated business.What is an automated business? A business where automation, out-sourcing, or management handle most of the work for you.This frees up your time to create more income streams. When you start a business, you want to plan the automation process in advance.Learn the steps for success, and slowly remove yourself from the process while adding others to cover down. This is how the automation process works! Good Luck!

Do you love to learn and try new things? Great, you can write product reviews covering products and services.Congratulations, you'll be like every other affiliate marketer on the internet. We must take it one step further.After you generate your reviews, you want to keep creating original content around the product or service.Eventually, your content will take on a life of its own. People will follow you for candid reviews plus zany content slices.Once you learn how to create original, meaningful content, you'll become unstoppable. I'll get you started inside. Good Luck!

Now that you understand basic terms, it is time to start picking stocks. I would love to say it's more complex than that, but it's simple.There are three types of dividend securities: index funds, dividend growth, and income investing.You can choose your first stocks based on your investment philosophy and risk tolerance. But massive blue-chip dividend growth stocks are a great place to start.From there, you layer on the stocks you love and create a schedule. Simply sit back and wait for the dividends to hit your account. Easy day! Good Luck!

There is a massive gap between the mindset of a saver and an investor. To bridge the gap, we must read books.One of the most critical aspects of an investor mindset is envisioning an infinite return.An infinite return is simply owning an asset (that produces money) without any of your money invested.Sure, you can use significant leverage to acquire assets or create them from thin air.As you learn of infinite returns, you will begin to see them everywhere. This is how investors create income streams; they don't only depend on jobs.You can learn to see these great investment opportunities too. You gain the skills to become a great investor by sharing assets and serving others. You will change your life. Good Luck!

Is it challenging to lead a team in today's workforce? Not really. If you take care of your people, your people will take care of you.The latest generation suffers from a lack of leadership and mentorship. No one wanted to guide these young people on their path to becoming an employee.Their parents wanted them to have perfect lives, and the school system just wanted them to pass and graduate.By the time they get to you, their only mentors are on social media. All you have to do is care about their well-being; the rest is history. The question is, "Do you care?"

Wouldn't it be nice to travel around the United States in an RV? Even better, what about receiving royalty income from books, blogs, videos, or photos?This is a dream life for most Americans, but out of their reach. But you are different.You can put in the years it takes to build a stream of royalties. To facilitate your earnings, you will need to gather a tribe of like-minded individuals.We call this building an audience, and it's the only way to generate royalty income over a long period.So start writing, recording, filming, drawing, and taking pictures today, so you can have your royalties come in tomorrow. It's tough, but it's possible (I'm doing it now). Good Luck!

We should start protecting our wealth in our 50s. Our income-investing portfolio should carry itself by now.However, we also need to consider our kids. We want to have excess cash on hand so we can help them.Savings bonds and high-yield treasuries (over 5%) are excellent ways to protect our money from inflation.We can add some speculation into our portfolio at this point. Remember, speculating is not gambling-pick your poison, and stick with it.Income and cash round out the composition of our portfolio. We must be very intentional in our 50s because we have a lot of eggs in one basket. Good Luck!

People go crazy in their 40s. It's high school all over again because of social media. Unfortunately, this spending creates a lot of debt.I went the other way and became a saver and investor. Now, I am retiring at age 42 and will not need to work again. Oh yeah, my wife is doing the same.How did we accomplish this feat? In one word-income. The more income you create, the better retirement you can build.Your 40s are about becoming an income investor. You can generate so much excess income that you won't know how to spend it.And the best part is that it comes back next month; it's like a regenerating bank account. Your 40s can be memorable and fun; however, they must be full of income first. Good Luck!

Nobody likes a recession or inflation, but let's look at the positives. The Federal Reserve needs to slow the economy by raising interest rates.Rising interest means that I can start purchasing 30-year Treasury Bonds again. I haven't purchased these bonds in over two years.30-year Treasury bonds will serve as a good hedge against my dividend growth investing portfolio.You have duration risk with the 30-year bonds, meaning rates could go higher over the next few years. However, a 4% or higher return is reasonable in my investing strategy.You'll need to determine if bonds fit into your short-term and long-term plans. I am excited about diversifying into 30-year bonds again. Good Luck!