Warren Buffett is constantly in competition for the richest person in the world #1 spot.
And he is self made. That’s probably my favorite thing about him. He made his money through investing just like almost everyone else.
The difference is that he is really good at it. Which is why Berkshire Hathaway usually maintains about a 19% annual return. If you don’t own any shares, you should consider it, but you’ll probably want to go for their BRK-B stock since BRK-A trades for well over $200,000/share.
Before we check out the 10 lessons in the graphic, there are a few things that stand out…
Time is like money – if you don’t tell it where to go, you won’t know where it went until it’s gone. And sometimes you won’t even know where it went after it’s gone.
In order for you to really maximize your hours everyday, you’ve got to know where your time goes, especially with the things you do day in and day out.
So before you start planning every minute and scheduling time for the most important things, you’ll need to figure out where your time is going right now. Start by asking yourself these questions…
I found a really interesting infographic about entrepreneurship, but it seemed sexist, so I posted an infographic about the single man’s finances. Because that makes sense.
In all seriousness, I don’t find this one to be sexist. It’s an interesting comparison between men and women’s spending habits.
Over half the adults in the United States are married, but what about the other half?
This is a look into the finances of the single man. It’s also a look into the finances of the single woman. As much as people think women are known to be shoppers (you discriminators, you!), it turns out that men actually spend more than women on almost everything.
You’ll see what I mean below…
Rich Dad, Poor Dad was one of the first books I ever read on finances.
I figured out about the book through a network marketing business I was involved with, though that didn’t really end well.
I enjoyed the book. I felt like it changed my mindset – mostly the way I thought about money and college, but a few years later, I started to notice that Robert had his fair share of naysayers. Most successful people do, so I didn’t think much of it, but then I read that he may be a fraud.
Furthermore, I learned that he may not practice what he preaches and that’s a big deal to me. If I’m going to learn from someone, I want to make sure they have achieved the results I am looking for; otherwise, I’ll go find someone who has.
That’s when I decided to do my own research. Here’s what I learned…
“There are few uses for a smart phone that are more productive than listening to a good podcast.” -Abraham Lincoln
If you’re into podcasts, you know there are thousands to choose from.
It can be overwhelming to find the best ones. And how do know which podcasts are the best? Reviews? Ratings? Recommendations?
I’ve been listening to podcasts for years and I’ve listened to the good and the bad.
I could put together a list of the top 100, but I’ll save your time. Why subscribe to hundreds of podcasts when there are plenty of old episodes to go through?
Even if you just listen to few, you’ll be busy browsing the archives for months if not years. So here are the top 10 best podcasts on productivity for 2015…
Sure, you can set an automatic transfer from your checking to your savings each month, but with that you still have to set the transfer amount.
With Digit, you don’t even have to do that.
It’s an intelligent service that not only saves your money automatically, but it determines how much to save by how much you can afford. You literally just link your account and forget about it. Digit does all the work for you.
I had a few questions, so I set up an interview with the founder of Digit. Here’s what I figured out and how you can use Digit for automatic savings…
Do you have cable? If so, how much do you pay? It might be more than you think.
I have internet. You probably knew that. However, I don’t have cable. You may have known that too. However, my internet provider offers cable packages, as most do.
This month, I received a letter from my internet provider informing me that basic cable is now free. Yes, free. As long as you don’t want billions of channels, you can now watch cable TV for free. You can also get a home phone line for free, but does anyone really remember what that is?
Apparently, basic cable is considered a “need” in the U.S. now. That’s why they’re doing this. The government says people need the news, thus, people need basic cable. If that were the case, one would think they would only give you the news channels for free. I guess that would make too much sense. Either way, I’m sure everyone who is getting it for free is only watching the news anyways, right??? Yeah…I know.
When I got this letter, my first thought was “oh, we could hook it up and have basic cable” and then my wife and I started to calculate the real cost of cable. Beyond the monetary costs. You might be surprised…
When my wife and I first figured out we would be making the 20+ hour drive from the mid-west to the Amish country of Lancaster County, we decided that this was going to be our most productive road trip ever.
We knew that the more things we could do along the way, the more productive the trip would be and the easier it would be for us to make the drive, especially the trek that seems like a million miles across Tennessee and Virginia.
I’m writing this article right now as my wife is driving us down the road and helping me brainstorm ideas for new articles…