New (Must Read) Articles for
Savvy Wealth Builders
What Building Wealth and the Greatest Airplane Have in Common
Throughout my career I’ve read over one hundred books on building wealth, and even more on the topics of success and business. One of my favorite business management books of all time is The Fifth Discipline, by Peter Senge. It’s about how systems are critical to...
How You Win Double When You Cut Spending
At Millionaire Foundry, we believe Lowering Your Burn Rate – the amount of cash you ‘burn’ to cover living expenses – is so critical that it is the first of the four mandatory drivers to building wealth. When you cut the spending that covers your living expenses, your...
Follow Your Passion Career Advice is Tragic. How to Fix It.
At Millionaire Foundry we often challenge what we call common wisdom, which are sound bites of financial advice some often hear, accept, and then repeat as truth. Common wisdom is not all bad and may be well-meaning, but its danger is that it can steer us in the wrong...
Why One Size Fits All is Bad Financial Advice
Friends and experts often happily share their ideas on how you should manage your money. Sometimes their one-size-fits-all financial advice is preceded by “You’re crazy not to do this…” And maybe they’re right. But it can be painfully expensive for you if they’re not....
What Recipes Have to Do With Building Wealth Successfully
The power of a recipe is that an amateur cook, who carefully follows every step, can produce a result 95%+ as great as a master chef. The amateur benefits from the master’s years of training, mistakes, and successes, all of which are reflected in the published recipe....
5 Lessons from Taking the High Road in Workplace Conflict
At Millionaire Foundry, we believe that you can build wealth while keeping your day job. If that’s your preference, this means proactively managing your career becomes incredibly important to reaching your professional goals, which in turn will help you reach your...
Why It’s Nearly Impossible to Save Your Way to Get Rich
Spending less than your income is the cornerstone to building wealth. We at Millionaire Foundry believe it’s the first of four mandatory wealth drivers. We call it Lower Your Burn Rate, and it’s your most critical first step. It's powerful because every dollar you...
Two Huge Gifts From Your Job to Help You Get Rich
Starting your own business is often said to be the only path to wealth, but it’s not for everyone. If you prefer to keep your job, don’t despair, you can still get rich. When I was a future First Generation Millionaire, much of what I read about building wealth made...
The Secret Word that Can Make You Become Wealthy
As A First Generation Millionaire, I’ve invested a significant portion of my life figuring out how to become wealthy. I’ve consumed thousands of articles and over 100 books on the topic, intensely searching for the right answers. Along my wealth journey I’ve made...
Your Money Beliefs Can Help You Get Rich (or Stay Poor)
How we humans view money is complex. We’ve existed far longer than the concept of cash. It’s so new that only a few thousand years ago barter was a more popular form of acquiring what we needed and wanted. So what is money? At its core, money is power. Power to buy...
Become Wealthy By Not Worrying About What Others Think
One of the greatest gifts of life experience is that you begin to care less – a lot less – about what others think of you. I’ve talked to many who largely agree. Maybe it’s because the longer we live the more we realize it’s impossible to make everyone happy. And that...