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Tag: wealth building

29 Feb
Beautiful Italian farmhouse in Tuscany surrounded by nature with a large garden

My #1 Strategy For Storing Wealth

8938. That is the number of the IRS form you have to fill out to report foreign financial assets. If you own foreign assets, you have to fill out IRS Form 8938 even if you’ve lived out of the country for most of your life. However, here’s an important point: You do not have to […]

02 Oct
How To Be Wealthy

How To Be Wealthy

Years ago I heard a definition of “wealthy” that has stuck with me. Being wealthy, the thinking goes, is having enough passive income to cover your living expenses. I know people who make a lot more money than I do each year, but they aren’t wealthy. Some of them are living paycheck to paycheck. They […]

07 Jul
Couple watching the sunset in a beautiful national park

The Secret To A Wealthy Retirement Revealed

How much money do I need to retire comfortably? That question was torn apart in a recent article I read. More precisely, the author was ripping into the non-expert experts that were answering the question in various forums online. It’s an unanswerable question without knowing more about the person asking it and their circumstances. My […]