Site Archives starting out

The 'No Budget Budget'


The ‘No Budget Budget’ Note: You need to be a Premium Member to view this content: Stay tuned …

Making Money 101?


Making Money 101? Of course, what we’ve been doing over the last few weeks is quietly reviewing the ‘financial picture’ for each of our 7MITs … I hope that you have taken the opportunity to do the same? Perhaps your financial picture overlaps in part with one or more of the 7 Millionaires … In [...]

I'm the liability ….


Are you an optimist or a pessimist (I’m already on record on this subject)? It might depend upon how well your assets outweigh your liabilities … … this diagram shows quite nicely how the cash flows – out! – for each liability …. does that mean that a liability = bad? Not necessarily, it depends [...]

401 Que?


Photo credit: bigpicture.posterous.com 401 Que? Very punny title, Ryan … I’ll leave the comedy to you, from now on Ryan raises the critical conundrum coherently (see, I’m already switching from puns to alliteration?!): when does it make sense to invest inside the tax-advantaged vehicle v outside? One gives you tax and employer-matching advantages and the [...]

My Chevy's got a 401k block …


My Chevy’s got a 401k block … I couldn’t think of a way to both wrap up the previous week’s set of posts on cars and begin this week’s series on retirement savings, hence the ‘punny’ title! And, it wouldn’t be fair for me to lecture the 7MITs on their cars if I didn’t recount [...]

Your car … freedom on wheels?


If your house is your biggest purchase, then your next biggest purchase is likely to be your car … … but, you aren’t most people! I assure you – that through the course of this experiment, if you choose to participate actively along with our 7MITs – you will make MUCH bigger purchases by way [...]

Is your home your castle or your dungeon?


Is your home your castle or your dungeon? What a fantastic finish to 2008! I hope that all of our readers – following the ‘live out loud’ examples of our 7 Millionaires … In Training! – now have a great idea of how much money they need, by when, and roughly what ‘tools’ will be [...]

A 'secret' book project …


A ‘secret’ book project … When I launched this site – and, found the 6 Millionaires … In Training! – I made sure that everybody who applied knew that I had a book or two in the off’ing … The work we are doing here will the subject of at least two books: one now, [...]

Don't break Harry's Code …


Don’t break Harry’s Code … The 7MITs have a ‘code’ – not Harry’s Code that Dexter has to live by (as he carefully slices and dices not-so-innocent people in the darkly popular Showtime series of the same name), but Adrian’s 7 Golden Rules … … these rules are in place to ensure this site’s integrity [...]

How high is your mountain?


Sorry, no LIVE Chat tonight … back, at the usual time next week! ______________________________ How high is your mountain? Lee gently reminded me that I have used a similar post title before; and I have! That’s because, this is the second time that the 7 Millionaires … In Training! (and, hopefully, you) have taken a [...]