Being rich refers to the amount of money one has at a given point in time, whereas wealth refers to how long that money can last for someone without working.

Thoughts are extremely powerful. Often times what we think about will become reality.

Money is often thought of as what pays the bills and buys us a night out. However, money can do much more than that for us.

By educating yourself and becoming more comfortable with financial literature, you will find yourself making smarter decisions and becoming better with your money.

The rich and wealthy are often thought of as selfish and ignorant, however are often times quite the opposite. Giving, both time and money, has a tremendous effect and return.

It might sound crazy, but infinite returns do exist. There are many ways, real estate included, in which this is feasible.

Financial education is more important now than ever. We are moving towards a time where we must solely rely on ourselves and our own decisions to be financially free.

Reputation takes years to build yet seconds to destroy. We are the only ones in control of our character, and thus our reputation.

Nowadays, saving is actually losing you money. If your money is sitting in a savings account that produces a lesser interest rate than that of inflation, you are losing the value of your money.

Cash flowing assets are ones that put money into your pocket on a regular basis, whereas capital gains assets are those that produce value over longer periods of times, or at the sale of the asset.

As I will always say, financial education is arguably the most important learning we can do. Here are a few of my personal favourite books that have helped me, and can help you as well.

Contrary to popular belief, being more generous and giving more can and will actually make you more wealthy.

Leverage is the ability to do more with less. What makes wealthy people wealthy, is they are able to use debt or other people’s money to earn themselves money.

Money doesn’t just have to be something that pays our bills. Money can become a useful tool to earn more of it if utilized correctly.

With COVID and all the other uncertainty in the world, financial education is more important than ever. In order to survive financially, we all need to be educated first.

Our homes are often thought as as assets - but are they really? For many, they are liabilities, things that take money out of our pockets.

Majority of people are earning what is known as earned income - money that is earned from the time we put into a job. By purchasing assets that give us passive and/or portfolio income, we can get some of that time back.

COVID-19 has had a rippling effect on our economy and markets. Just recently interest rates dropped .5%, which for many can be a scary thought. For a real estate investor, an opportunity.

Your rental property is most likely not going to be the house next-door. Being distant from the property requires you to have great property managers to look after the property for you.

“Wealth is a person’s ability to survive so many number of days forward … or … if I stopped working today, how long can I survive?”