PinnedMeet Personal Finance Writer, Ben Le FortWhere you can find my best work. — 3 ways you can follow my writing in 2022 #1 —Get notified when I publish a new article. #2 — Subscribe to my weekly newsletter and have a bonus article delivered to your inbox. #3 — Pick up a copy of my book, “The Financial Freedom Equation.” Bonus: Follow me on Twitter for bite-sized financial tipsMoney1 min readMeet Personal Finance Writer, Ben Le FortWhere you can find my best work.3 ways you can follow my writing in 2022#1 —Get notified when I publish a new article.#2 — Subscribe to my weekly newsletter and have a bonus article delivered to your inbox.#3 — Pick up a copy of my book, “The Financial Freedom Equation.”Bonus: Follow me on Twitter for bite-sized financial tips2782789
Published in Making of a Millionaire·1 day agoThe Lesson We Must Learn From the Death of the Meme-Stock MovementInvesting in what’s “popular” is a deeply flawed, losing strategy — The revolution will not be monetized. Bloomberg recently reported that day traders in the “meme-stock” craze of 2021 have lost all of their gains from the ludicrous run-up in value of GameStop and other meme stocks. This story deserves more attention than anything else that is happening in the financial…Investing4 min read
Published in Mind Cafe·3 days agoThe Career Mindset Shift That Changed How I Look At WorkYou don’t have an employer; you have a client. — Having a good job can trick you into thinking small. We spend so much time working at, traveling to, and thinking about our jobs that it becomes easy to conflate our career with our job. Many people believe they owe their career — and by extension of what their career…Work4 min read
Published in Making of a Millionaire·Updated 5 days agoMillennials: This Is the Wealth-Building Opportunity of Your LifeWe’ve been waiting for this moment our entire adult lives. Here’s how you can take advantage — Bashing Millenials and blaming their money problems on avocado toast has always been stupid. You can only play the cards you’ve been dealt, and they’ve been dealt some pretty bad financial cards: Graduating college with crippling debt. Starting their career in the worst job market since the great depression.Money4 min read
Published in Making of a Millionaire·5 days agoMaking of a Millionaire Submission Guidelines — 2022How to get your article published in MOAM — We all have a “money story.” Money impacts our lives every day in both positive and negative ways. Whether it be the anxiety caused by lack of money, the thrill of making money, the fear of losing money, or the responsibility of managing money, we all have a story to…Money3 min read
Published in Making of a Millionaire·May 9The Creator of the 4% Rule Doesn’t Follow His Own AdviceHere’s how you can get serious about financial planning and leave oversimplified rules of thumb behind — As the great Mike Tyson once said; Everyone has a plan until you need to start withdrawing from your portfolio without a paycheck. Of course, that is not the actual quote, but Tyson’s point applies to a very important financial reality we all have to deal with: Creating a financial…Money10 min read
Published in Making of a Millionaire·May 5How to Prepare Your Finances for a RecessionHint: Continue doing the things you should be doing already — The financial media feasts on doom and gloom. Anytime there’s volatility in the stock market or weak economic data is released, your social media feed gets flooded with headlines with the following two-step template: Insert warning about an impending recession. Click here for the answer on how to protect your…Money4 min read
Published in Making of a Millionaire·May 4Together We Eliminated $2,100 worth of Medical Debt In AprilHere’s how you can help us eliminate more medical debt in May — Earlier this year, I committed to tieing the future of Making of a Millionaire to helping eradicate medical debt for those who are unable to repay it. I am happy to report that in March, we were able to make donations that eliminated over 2,000 in medical debt. Here’s how it works $1 donated…Charity2 min read
Published in Making of a Millionaire·May 2Why You Should Root for the Stock Market, Even If You’re Not investedWhen the stock market goes up, local businesses win — Capitalism rocks and creates win-win situations for everyone. Sadly, expressing that reality has become a controversial statement. Capitalism has many flaws, but the benefits far outweigh its flaws. Most opinion pieces about the economy focus exclusively on the flaws. It’s more profitable to make readers mad than it is to…Economics5 min read
Published in Making of a Millionaire·Apr 28How to Manage Money as a 30-something Upper-middle-class ProfessionalSimplifying money and lasering in on the one variable that really matters — Here’s how you know you are destined for financial success: Every year you become less obsessed with working. The more wealth you build, the less you need to “grind” to feel like you’re getting ahead. If you’re still living paycheck to paycheck, you have no choice but to constantly worry…Money4 min read