Folks,

Most personal finance bloggers are paupers, with net worths somewhere south of $100,000.  Because of this, their perspective and experiences limits them to a specific set of topics, very often from the viewpoint of conventional finance.  If you are looking for a departure from the ordinary personal finance perspective you might consider surfing on over to http://7million7years.com.  Seven years to seven million was started by Adrian, an Australian businessman who moved to the U.S. and made seven million selling software.   He has interesting views on the process of wealth building, including how to set strategy and what kinds of assets to buy.

There is a reason why blogs like Adrian’s are important.  If you want to achieve high net worth, you need to start adopting the mentality and behaviors of those who do have high networth.  This blog is a great opportunity to get started on that path.

Best,

James

 

This entry was posted in Blogging, Net Worth by James Hendrickson. Bookmark the permalink.

Avatar photo About James Hendrickson

James Hendrickson is an internet entrepreneur, blogging junky, hunter and personal finance geek. When he’s not lurking in coffee shops in Portland, Oregon, you’ll find him in the Pacific Northwest’s great outdoors. James has a masters degree in Sociology from the University of Maryland at College Park and a Bachelors degree on Sociology from Earlham College. He loves individual stocks, bonds and precious metals.

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1) Collaborate: Meet regularly to talk about money, set goals together, track and monitor them.

2) Understand and respect your partner. Take time to understand your partners values about money.

3) Watch the numbers. Get a budget, monitor your spending and track your net worth.

4) Max your retirement. Maximize contributions to your tax deferred retirement accounts.

5) Invest in stock. Stocks perform better than bonds or cash.

6) Avoid high interest debt. Credit cards and title loans are financial cancer.

7) Diversify. Don't put all your eggs in one basket.

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