Site Archives income
Putting The Plan Together!
Open 1 clinic, 2 clinics, or 3+ clinics? What would YOU do? These are non-trivial questions: make the wrong move and you can defeat any chance that you had to reach your Number. So, how NOT to leave this critical decision to chance? Well, Scott ‘benefited’ from his turn ‘under the spotlight‘ so, we already […]
The Exciting Adventure Ahead
The Exciting Adventure Ahead Now is the time to get the engines going and steer in the right direction toward our Number by our Date. Taking a look back at my notes and goals reveals that we’ll need a bit over 4 million by 2018 to live our life’s purpose and according to our required […]
In Review
In Review If Scott achieves the same compound growth rate over just the next 12 months that he says that he has achieved over the past four years, he’ll reach his Number in less than a year and be almost twice as rich as Warren Buffett in just 4 more years! That’s the power of […]
Where Did All the Money Go?
Where Did All the Money Go? OK Scott is off the hook for not doing this exercise … … but only because he actually already has a pretty strict budgeting system in place: I love the idea of withdrawing a certain set amount from the ATM each week for things like personal spending and entertainment […]
7 Millionaire In-Training! Review
7 Millionaire In-Training! Review The diagram is mine, but the healthy financial ‘picture’ is all Scott’s … the poster child of the high-income earner / high-saver. Let’s hope that he also knows how to also have fun, but I guess a hobby farm with horses has got to provide a fair chunk of happiness?! Scott […]
The True Liability – Not Reaching Your Number!
The True Liability – Not Reaching Your Number! 27 1/2 years left on a fixed rate 2.85% (student) loan … sweeeeet [AJC: queue Homer Simpson drooling] … It seems that Scott is the poster-child for ‘big debt boy made good’ … what do you think? __________________ In this next exercise, our main topic is to […]
401K? No way!
401K? No way! First cab off the rank – Scott – weighs in with a barrage of reasons why he does NOT have a 401k, or the ‘doctor equivalent’ thereof … … I can’t judge Scott badly because: a) He has a strong saving ethic and a positive and – apparently – rapidly improving net […]
Primarily About the Primary
Primarily About the Primary Scott and I ‘worked’ on this house very early on in the piece, so I kind of feel ‘at home’ just reading this post 🙂 If you haven’t already done so, you should check out the photos, as Scott suggests, over at our Community Site … ______________________ In the next exercise, […]
Connecting the dots
Connecting the dots Photo credit: turtlemom4bacon Aside from finding the quality of graphics on this site is definitely on the improve 🙂 Mark has provided a great summary of the steps (and the reasons why) of this ‘grand experiment’ for new readers, even before we get to his table. Thanks, Mark! It looks like Mark […]
Fickle and in a Pickle
Fickle and in a Pickle Scott and I seem to share a love of ‘collecting’ hobbies … mine included (over the years): go kart (then car) racing; fly fishing; war gaming; CB radio; motorcycling; poker; and the list goes on … and on … I suspect that the challenge for Scott – as it was […]
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