Search Results for : windfall


Hey everyone, it’s Finance Fridays… but I forgot to write this post on Friday — so here it is — on Saturday. Sorry about that. Anyways, let’s do a “Windfall Management Exercise”. Windfall Management Exercise? Yea. I’ve talked about windfalls before in some previous posts. A windfall is defined as: 1: something (such as a tree or fruit) blown down by the wind 2: an unexpected, unearned, or sudden gain or advantage from Merriam Webster In this […]

Windfall Management Exercise #illumedati


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Hey everyone, it’s Finance Fridays again. Today is kind of another “thought” exercise kind of post about “Passive Basic Needs“. Passive Basic Needs? Yea. It kind of sounds weird, but it’s basically another take on “Passive Income”, but made more simplistic. I’m going to start this post this a story about my friend Nathan. Back in college I had a happy-go-lucky friend named Nathan. He was an extraordinarily smart kid although he found college classes […]

Passive Basic Needs #illumedati



Hey everyone, it’s Finance Fridays. Today is just a short post stating “Money isn’t real” for everyone to ponder. This picture isn’t really related to the topic. It’s a just a cute Maneki-neko I found on Pexels. “Money is just a tool.” “A means to an end.” So, in reality, in this rat race to try to obtain as money as possible, you should probably ask yourself, what is your end. Or, if you want to take it […]

Money isn’t real #illumedati


Here’s the Finance Fridays Roadmap Update (7-27-2018): So pour some coffee, sit back, relax and click on some of these links: ** denotes new since last roadmap update Stock Photo From: Pixabay I cleaned up this post a bit for this update since we have a lot of posts to deal with now: I added bullets and made some subheadings and I’m hoping that will make it easier to navigate. I don’t know anything about […]

Finance Fridays Roadmap 7-27-2018 #illumedati



Hey everyone, it’s Finance Fridays again. I’ve talked about the Windfall Management Exercise recently and about Retiring Early before. Today let’s ponder “What if I retired today?” Is this another “Finance Exercise”? Yes. Kind of like the Windfall Management Exercise, this “What if I retired today?” is another exercise, just to kind of test your mindset. Here is the beginning of your retirement story: It’s July 13, 2018, you’ve received word that you now have […]

What if I retired today? #illumedati


Hey everyone, it’s Finance Fridays again. Last week we talked about “different numbers” for “different Walters”. Today I want to discuss “How Much is Too Much?” How Much is Too Much? This question is mostly centered around retirement. As you know, my “number” currently would be considered especially high by some. For example, the friend of mine who needed $4 million, clarified to me that he only needed $4 million in all assets, which I […]

How Much is Too Much? #illumedati