Mike Gar

106 Flips | 2 Magazines | 1 Follower | @MikeGar2016 | Keep up with Mike Gar on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Mike Gar”

This 30-something started with $1,000 in savings and now owns 90 rental properties — here's his No. 1 tip for building wealth when you're young

In fact, the former Clemson University football player graduated college in 2003 with just $1,000 in the bank, he said on a recent episode of the Mad Fientist podcast, (thanks to his football scholarship, he carried no student debt).<p>After spending the next year scouting properties for seasoned …

Real Estate

I'm convinced there are only 5 ways to get rich

<i>Editor's Note: An earlier version of this article stated that Daniel Ally became a self-made millionaire at age 24. We are no longer confident in those assertions and have removed them.</i><p>There are many definitions of what it means to be rich.<p>Being rich is more of a state of mind than a dollar amount. …

Self-improvement

Want to Be a Billionaire? Steve Jobs and Mark Cuban Say to Do This

See the tips that took 7 billionaires to the top, and take your first step today.<p>Becoming a billionaire seems like an impossible pipe dream, but as of this year, Forbes reported a population of 1,810 billionaires globally. The journey to billionaire status is a financial Mt. Everest, to be sure, …

18 Books That Will Help You Get Rich

So you want more money. There's a variety of ways to get it: saving, investing, getting ahead at work, starting a lucrative business (in real life <i>or</i> …

Richard Branson: The Key to Success Is Intention

You won't be successful without explicitly knowing what your intentions are every day. The Virgin founder shares five tips.<p>The key to success, according to Richard Branson, is not only productivity and motivation -- but <i>intention</i>.<p>“A day without intention is a day wasted,” the Virgin Group CEO writes …

Entrepreneurship

'How can I use my £162k savings to spare me from full-time work?'

Like most parents, Jo Bishop wants to be financially comfortable without compromising the amount of time she spends with her children.<p>Ms Bishop, 47, currently works as a school administrator in Leicestershire. Her day usually finishes at 2.30pm, which allows her to spend her afternoons with her two …

John D. Rockefeller's Keys to Success | The Art of Manliness

By age 25 John D. Rockefeller controlled one of the largest oil refineries in the nation.<p>By age 31 he had become the world’s largest oil refiner.<p>By …

How to become wealthy: Apply this simple formula - money expert

<i>Many people who graduated from university at the same time I did have gone on to accumulate sizeable assets over the past decade or so. Individuals</i> …

Personal Finance

10 Success lessons from Henry Ford – “Rags to Riches” for entrepreneurs

Share33<p>Tweet<p>Share46<p>+1<p>Shares 79<p>Henry Ford is one of the most famous businessmen of all time. American industrialist and founder of the Ford Motor …

Ford Motor Company

End of Canada’s ‘Unique’ Mortgage System Means Higher Bank Costs

The days when Canada’s banks could offload much of the risk of underwriting mortgages onto taxpayers may be drawing to a close.<p>Canadian Finance …

With new mortgage rules, has Ottawa gone a step too far?

Canadian policy-makers are trying to stabilize a housing market that's on the edge. But what I see coming from Ottawa could tip it right over the edge.<p>All-time-low interest rates have juiced Toronto and Vancouver home prices to unprecedented heights. That has much of the country worried, and …

A man who retired a millionaire at age 33 explains how to graduate from college with a positive net worth — even if you take out student loans

From undergrad, McCurry went straight on to law school. In 2004, he landed his first job out of law school, working at an engineering consulting firm for $48,000 a year. Frugal by nature, he and his wife began saving diligently and maxing out their retirement accounts each year.<p>By 2013, the couple …

Personal Finance

Secrets of the 1 Percent (Shhhh!)

10 Secrets of the Capitalist Class, or the "1 Percent"<p>Updated October 27, 2016<p>01<p>10 Secrets of the Capitalist Class<p>As you learned in Class in the …

Don’t Think About What You Want, Think About What It Would Take to Get It

One of the easiest personal finance tips out there is to simply stop wanting more stuff. It’s simple, but it’s true–if you had an easy way to …

10 Smart Things You Can Do With $1,000 Right Now

Whether you're pocketing a bonus check or reveling in your newly received tax refund, landing an extra $1,000 is certainly cause for celebration. But before you go out and spend that cash all at once, here are 10 ways to put it to better use.<p>A new GoBankingRates study reveals that 69% of Americans …

How to Get Rich in Real Estate: 4 Different Cycles

People decide to start investing in real estate for many different reasons: to supplement their monthly salary, to gain a source of passive income, …

How This $700 Million Business Makes Money Without Trying to Turn a Profit

Founder Yvon Chouinard explains how doing good drives his outdoor retail company's bottom line.<p><i>In his updated book</i> Let My People Go Surfing <i>(Penguin Random House, 2016), first published in 2006, Patagonia founder and owner Yvon Chouinard describes the unique pillars of success for his famous</i> …

How to build a successful subscription business

These startups are attracting the interest and the cash of investors. Business owners share their tips for making this model work<p>In the age of the consumer, people are increasingly demanding instant access to the things they want, and the things they didn’t realise they wanted. This trend is …

How to Retire at 40

Three early retirees tell their story of living on 4 percent or less.<p>By Ben Steverman | September 29, 2016<p>From<p>The “4 percent rule” is a bedrock of …

13 Mental Models Every Founder Should Know

Mental models are to your brain as apps are to your smartphone. Just like apps, there are a ton of mental models. They help you make decisions, solve …

Living in his parents' basement, 22-year-old is diligently building wealth

Name: Brandon Benner<p>Age: 22<p>Annual income: $42,000<p>Savings: $14,786 in RRSP; $1380 in stock; $11,277 in TFSA; $5233 in pension plan; $5,121 in share ownership plan<p>Debt: None<p>What he does: Banking adviser<p>Where he lives: Kelowna, B.C.<p>It’s certainly fitting that Brandon Benner is a banking advisor. A …

15 Quotes That Will Motivate You to Achieve Your Money Goals

“The biggest risk is not taking any risk.” -- Mark Zuckerberg<p>Most rich people don’t worry about how they’ll pay their mortgages or afford the basic …

How to Be Rich at a Young Age

Getting rich at any age, and particularly a young age, requires hard work, planning, and saving for most people, unless they are lucky enough to …

How to Build Wealth: 10 Rules Backed by Science | Investopedia

We live in a world of information overload. With so much easily accessible information at our fingertips, it can be difficult to sort out genuinely …

Investing

How Ordinary Investors Achieve Great Wealth

I've been on a stretch of reading a bunch of investment books recently. This latest one provided some interesting insights.<p>I love reading about how …

The School For Humanity

Performance<p>13 Strategies To Get In Flow Based On The Latest Research By Steven Kotler<p>I got to hang with fellow author Steven Kotler at Mindvalley …

Pulitzer Prize

How to Make Money by Creating Passive Income

One of the easier ways to gain financial independence is to reconfigure your life so that a substantial portion of your income is not actively earned …

Retirement

4 Career & Investment Strategies For Employees To Attain Financial Freedom

There are more employees than employers – that’s just how it is. As such, there tends to be a stigma against employees. Some may call us losers, …

Employment