Archive for the ‘Wealth’ Category

Yesterday I went rock climbing with my friend James. About half way up the last run I hit what looked like a dead end. The next handhold above me was WAY out of reach. The piece of rock I was holding onto with my hands was right around my waist…but I couldn’t reach anything above [...]

Some people have been asking me how much money this blog makes. If you’ve been reading it for a while then you know I like making monthly financial statements, so as you might have guessed I track the numbers. Here they are for August 2008. Income: $215.00 – Book Sales $87.70 – Google Adsense $53.00 [...]

In the last 6 months or so I’ve become a big Milton Friedman fan. Complex issues like inflation, money supply, economic growth, unemployment, government spending, deficits, etc always seemed like complex issues to me with many sides to the story. You could read or ask 20 different people about issues like that and you’d get [...]

Hi Brian – are you using a self-directed IRA for your real estate investments? Also, what sort of retirement account are you using for your business. SEP-IRA vs 401K. Thanks, Chris Hi Chris, This is a great question, and it might surprise you to hear that I don’t use any IRA’s or 401K’s whatsoever. The [...]

A lot of people shy away from any talk about “finance” or “accounting” because (1) its boring (2) it involves math and (3) its hard work. Well it’s not as bad as you think. I’m going to show you how to understand financial statements in about 5 minutes. Then I’m going to give you some [...]

I’ve been listening lately to Robert Kiyosaki’s Choose To Be Rich, and I have to say that it is outstanding. Probably one of the top three book on building wealth I’ve come across, and as you know I’ve read (or listened to) a lot. He gets into all sorts of topics in the book, but [...]

Thanks to Anjali for sending in this article where four millionaires are interviewed about how they got rich. The most striking thing to me (aside from the fact that 3 out of 4 quit their jobs to do it) is that they all persevered through incredible odds and difficult times. They wanted it so badly [...]

I started re-reading one of my all time favorite books this week, The Richest Man In Babylon. The principles to building wealth really haven’t changed much in several hundred years, and this book has been around forever. Building wealth isn’t that hard; just look at what successful people are doing and model it. Trying to [...]


About this blog

Breaking Free is a blog for people who'd like to quit their 9-to-5, start their own business, and achieve financial freedom. It's written by web-entrepreneur Brian Armstrong. You can read more here »

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