I really enjoy finance as a hobby, and that is why I started and continue to run Wealth Artisan. I love helping people, I especially enjoy interacting with everyone, and I love hearing when my information has helped someone. I write a lot about building wealth, starting a business, and managing money, but I also … Read more
I love different perspectives on things. I’m always trying to provide a different perspective on finance because it makes things interesting and it makes learning easier, at least for me. A few months back, I picked up this book Weird by Craig Groeschel on a whim, and I’m very happy that I did. This might … Read more
Max Lucado said the best quote I’ve ever heard on death and money: “You never see a U-Haul following a hearse.” Max Lucado strikes upon a very important matter in the world of finance: death and money. We may not like talking about death, but it’s important to understand the relationship if you want to … Read more
I see it every day, the young hot-shot that looks wealthy. We’re fed the image every day in magazines, online, or on TV. He has a sweet sports car, nice business suit, designer sunglasses, designer watch, and leather shoes so expensive that the cows are in line with hopes of being the next pair. Before … Read more
Passive income is a popular subject in personal finance, and it is a goal of ours as well. If you’re unfamiliar with passive income, it is an income stream that you don’t have to actively earn. There are many forms of passive income such as: Dividends from stocks. Interest from CDs, bonds and other accounts. Residuals in … Read more
Few can deny that Gold has had quite an interesting resurgence recently. In just 10 short years, Gold went from $300 an ounce to the recent high of $1,400 an ounce. That’s a pretty staggering number! Critics will point to the fact that Gold did little outside of the last 10 years and, when accounting … Read more
One of our first articles was about diversified income streams. If you’re not sure what that means, then here’s a quick run down. Have you ever heard the phrase “don’t place all of your eggs in one basket?” People try to avoid this all the time, except with their income. Too many people depend on … Read more
If you like what you read, then subscribe to our feed! I’m never very big on New Year’s resolutions, because many don’t really seem to commit to them. I’m of the opinion that if I’m going to do something, I won’t just say I’ll do it, I’ll just do it. But, I’m also an advocate … Read more
Hello Everyone, We just wanted to inform you that the Wealth Artisan has officially joined facebook. You can find us under the name of Wealth Artisan or you can simply click on our excellent link right here. Be sure to like us and keep up with all things happening at The Wealth Artisan. We’ve also … Read more
In order to succeed financially it is imperative that you stop caring about what people think. Everyday we see guys aggressively driving their BMW’s, just to pull into the grocery store where they work. We see Hummers and Mercedes-Benz vehicles pulling into apartment complexes (Not condos, literally ordinary non-luxury apartment complexes), and we see McDonald’s … Read more
What Is A Pillar Of Strength A pillar is a load bearing structure that helps keep buildings standing. A financial pillar of strength is a person that is strong, dependable, and intelligent about finances. They are kind, fair, and level-headed in their approach to finances. They accept criticism and understand that they will not be … Read more
Don’t Find Comfort In Routine, Shuffle The Dividend Payers The team members of The Wealth Artisan invest on a monthly basis, and some almost on a daily basis. We all invest towards our main goal, and that is passive income. Most of us love dividends, and that is our choice for passive income, but did … Read more
What Is Yield On Cost? When investing in dividends, an important idea is “yield on cost.” If you’ve never heard this phrase before, it is OK, but it is terribly important to understand. Yield on cost is basically a short way to say: “The current return you are getting on a security compared to the … Read more
An Angry Boss, A Tough Job, and Lunch Everyone has had a job they have hated, and not necessarily because the job itself was terrible, but because of the person in charge. Some on our team have vivid memories of such a job, especially our team member Timothy. We will let Timothy take over from here: Many … Read more
What is wealth to you? To many people wealth is a big number at the end of many years of saving and investing, and to others it is a yearly or monthly income. To us, wealth is a dollar figure that will allow a person to continue their quality of life to the end of … Read more
On Friday, we discussed diversifying income by creating multiple streams of income. This will hedge against the impact of one stream shrinking, or being eliminated altogether. We will now discuss an example to help illustrate this idea. How Do You Diversify Your Income Streams? Let’s say that you decide to write articles online. There are … Read more
Build Wealth With Passive Income You may have read about how passive income is important and that even millionaires and billionaires use it to their advantage. Passive income is very much a “brick by brick” approach, and won’t result in your being rich over night, but over time it will build a nearly impenetrable wall … Read more