Welcome to my blog, The DIY Millionaire. As the blog’s title suggests, I firmly believe that anyone – recent college graduates, Baby Boomers, young urban professionals, non-profit professionals, etc. – can achieve significant wealth accumulation by doing it themselves.
My blog will help you build the DIY mentality and capabilities to save and invest to accumulate significant wealth, hopefully taking you well on your way to becoming a millionaire. There is no better time than in the present day to do-it-yourself when it comes to your personal finances.
We live in a globalized, highly connected and open source economy where information about personal finance and access to digital investing technologies have made saving, investing and money management so much more democratic and accessible than ever before. The road to wealth is easier than ever, so why not take advantage of all of this free information to achieve your financial goals?
This blog is specifically geared to the unique needs of the Millennial generation. I myself am a Millennial, and our generation is craving financial empowerment. DIY comes in may shapes and sizes, from home improvement to cooking to gardening, and its principles and practices apply equally as well to personal finance. I’ll condense all of the available knowledge out there into an accessible format that gives you the tools you need to DIY.
In this blog I’ll take you through various topics, such as:
- How to build your DIY mentality and skills to achieve the competence to self-manage your money, and to save and invest for long-term wealth accumulation,
- How to manage and design tax-advantaged investment accounts, such as the 401(k) and IRA, to properly save and invest for a secure and comfortable retirement,
- How to create a budget and savings plan so that you can find areas you never knew before where you can find extra nickels and dimes to build an emergency savings account, and
- How to continue building your net worth through taxable accounts, such as brokerage accounts, to gain even more diversified exposure to domestic and world markets.
To get this blog started, I’ll be taking inspiration from my upcoming book, From Millennial to Millionaire: DIY 401(k) – 5 Do-It-Yourself Steps for the Digital Generation to Design and Manage their 401(k), to write blog posts. The initial posts will focus exclusively on building your DIY mentality and designing and managing your 401(k). Afterwards, I’ll move onto additional topics listed above. My new book should be available in eBook and paperback on Amazon by summer 2017.
Please feel free to contact me under the Contacts page.
Thanks for joining in!