Smart Reasons to Save, Use and Invest Money

Category Archives: Goals

Wealth Pyramid Update – 2010, April 26

I decided to review my progress on the Wealth Pyramid (also called my Financial Pyramid) that I created below.  You can also view the pyramid as levels, or even a journey down the sidewalk of success.

Back to me!  So far, I’m still at the “Action Plans For Wealth Development” level!  While I have some of the elements automated (401k, Life Insurance, etc), I’m still working on the non-retirement wealth accumulation part.  I’ve been waiting for my tax return to be deposited in my checking account before I start this piece, but that has happened this past weekend.  Now I need to focus on where to put that money.  Hopefully, I’ll blog about my decision by the end of the month.

Once I get the “Action Plans” level running, it will be a short jump to the “Asset Accumulation” phase, where unfortunately, I’ll be stuck at this level for at least a few years.  Now that my house is paid off and I’m totally debt free, I’ll have extra money for Asset Accumulation!

I don’t expect to get to the Financial Independence level for at least 10 years, and that’s if everything goes well.

Realistically, I don’t even expect to get to the top two levels (Gates and Wealthy), but the picture wouldn’t be complete without them, so I added them just to be whole.

For a better analysis of each level, check out my original post which explains each level in greater detail…  Click “here on My Financial Pyramid“.

Now on to my “Wealth Strategy Pyramid”!

I like to think of things from different angles, it helps me get a more three-dimensional feel for abstract thoughts.



Millionaire Clubbing With a Friend :)

MOVE OVER GATES & BUFFETT, make room, because I’m on my way UP! Big Yep, I decided to join the Mr. J. Money’s (@ “Millionaire’s Club”. Actually former blogging buddy Jane @ “” and I are both jumping in together with both feet! (Alas, my good blogging buddy Jane is no longer blogging, we’ll… Continue Reading

Stop Drowning in Debt, Start Swimming To Shore

If you own too much money, eventually you will feel like you are drowning in debt!  I’ve felt like this for the past 10 years, in my opinion, financial progress is like the following analogy:   When we are younger, it’s like we are riding in a helicopter perhaps 20 to 50 feet above the ocean (living with our parents). … Continue Reading

My Financial Pyramid

My Personal Financial Pyramid Just for fun, I thought I’d create my interpretation of a hierarchical “Financial Pyramid” (modeled after Maslow’s Hierarchy of needs).   Financial Pyramid Level Details (Top Down analysis): Uber-RICH Warren Buffet, Bill Gates, and similar people dwell here! I don’t know what it would be like to have a Net Worth… Continue Reading

Reasons To Save Money

Money is a powerful tool, it can either make or break us.  Since this blog is called Money Reasons, I’ve decided to list reasons to save money.    Reasons to save money:   Retirement – This has been beat into the ground, but I want to have a fairly decent retirement!  Even thought my retirement is far away,… Continue Reading