November 7, 2016
For Rent sign in front of a house.

The Simplest REAL Way to Make One Million Dollars

*Author’s note: It is important that I address the fact up front that there are many variables that I’ve left out of this little experiment, not to skew the results, but to keep the math and the concepts simple. Feel free to run the numbers again and include varying interest rates, average costs of selling a home, different average cash-flow, inflation, etc, if you would like. Here’s a simple way to change the trajectory of your net worth dramatically. As many of you know, a few years back I ended my tenure with a country band called Love and Theft. […]
October 3, 2016
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Wealthy People Buy Assets–And You Should, Too!

I read a quote the other day in an article on a financial website that said simply, “Making money means nothing if you have nothing to show for it!” Do you know anyone like that? Perhaps they make more money than you, and yet they are strapped, stressed, one plumbing problem or flat tire away from serious financial distress? Maybe this describes you, you can’t seem to make enough, you can’t seem to get ahead. You’re stuck in the hamster wheel! The principle is simple: income and wealth are not the same thing. If you know what you’re doing, income […]
June 28, 2016
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A Powerful Exercise in Writing Down Goals

I’m not the first to say it, and I won’t be the last: Write down your goals! Something happens when you make that transition. It’s no longer a daydream or a neat idea—it’s a goal. As I said a few days ago, you need to make that transition from hoping that something comes to pass, to beginning to solve the problem of how it will come to pass. By writing down your goals, you make that mental transition. It’s a commitment of sorts. We are all wired or conditioned, as Robert Cialdini writes, in his book Influence, to place a […]
June 24, 2016
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Do You Hope So or Ask How?

I was listening to sports talk radio in my car today, as I am wont to do. Since we’re in the middle of Tennessee, they can’t seem to quit talking about the University of… well, Tennesee. So they were talking about a football game between Tennessee and Alabama last season, in which the Vols were winning late, but somehow crumbled and blew the game right at the end. A man called into the radio show who was a Tennessee-born Alabama fan. He very succinctly said, “At the end of the game, Alabama fans didn’t wonder whether or not we would […]
June 20, 2016
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Change Your Financial Future: Stop Trading Time for Money

In high school, I learned about covalent bonds but not about leveraging and investing. I learned all about the isosceles triangle, but I didn’t learn what an ROI is. (It’s a Return on Investment, by the way.) So today I’d like to offer a foundational principle for those wanting to change their financial future. Maybe you don’t want to repeat your parents’ mistakes. Or maybe you want to replicate what you’ve seen your parents accomplish. Maybe you want to pay cash for your kids’ college, or you want to have the freedom to travel when and where you desire. Whatever […]
April 1, 2016
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Crucial Question: Who Do You Believe That You Are?

  Yesterday I made a short video about how my view of myself had shifted and how that had affected my actions. This morning, as I listened to a local sports talk host whom I enjoy, he began talking about the old adage, “Dress for the job you want, not the job you have.” That tied in nicely. This is a similar concept, but it’s internal instead of external. The concept there is that people will treat you the way they perceive you. Dress like an executive, and after a while, they’ll begin to see you and treat you that […]