Financial Independence

How Owning Assets is Better than a Job.

by Steve Cummings | January 18, 2021 | Financial Independence, Investing | 0 Comments

After reading the book Rich Dad Poor Dad, most people come under the conclusion that owning assets is better than having liabilities. That is so true. “The rich people acquire assets. The poor and middle class acquire liabilities that they think are assets.” This is...

Delaying Gratification for the win.

by Steve Cummings | January 4, 2021 | Financial Independence, Saving | 2 Comments

“Patience is a virtue” my father would always say to me. If you think about it, patience truly is a virtue. Oftentimes, we want things now. That is not the way the world works. Those that want instant gratification often end up on the wrong side of the stick. It is...

VTSAX vs FZROX, who is the best?

by Steve Cummings | December 28, 2020 | Financial Independence, Investing | 4 Comments

VTSAX is one of my favorite funds. It is simple, easy, and it has low expenses. This index fund tracks the Total Stock Market, and it is efficient. As everyone knows, new products come out all the time. Fidelity released a couple of Zero Funds. One in particular is...

7 Financial Books that will Change Your Life

by Steve Cummings | Sep 17, 2020

Here are 7 financial books that will change your life. These books are full of personal successes, failures, and tips on how to improve your financial life. I have sat down and read every book, and they have helped me change mine. It is time for them to help you...

The Simple Path to Wealth

by Steve Cummings | Aug 3, 2020

I owe a lot of my financial thinking to one book. That book is “The Simple Path to Wealth” by JL. Collins. His book has inspired many to go out and work on achieving financial independence. This book breaks down the keys to creating wealth, simple attitudes to adopt,...

The Simplicity of Index Funds

by Steve Cummings | Jul 30, 2020

If investing seems hard then you make it too hard. It can be simple, and the simplicity relies on the form of investing in all stocks by using Index Funds. People have been taught that mutual fund managers are the people that make the most money for you and can beat...

The Concept of Pay Yourself First

by Steve Cummings | Jul 23, 2020

If you read a lot of investing books or blogs sometimes you may hear the concept of “Pay Yourself First.” I am not sure who coined the term, but as I read the book “The Richest Man in Babylon” I kept hearing the phrase “Pay yourself first.” This concept was repeated...

Expat Millionaire Teachers

by Steve Cummings | Jul 2, 2020

Hey Teachers of the world, I am talking to you. It is time to think differently. Time to change your habits and get thinking smarter. It is that time to make all of your hard work worth it. It is time to become an Expat Millionaire Teacher. Expat Millionaire...