MoneyRedPill
MoneyRedPill

MoneyRedPill

Unrefined Financial Independence information for the unawakened Entrepreneur, Self-Employed, and Freelancer, deep inside you.


Are credit cards a trap?

9 Feb 2020 1 minute read 2 comments moneyredpill

“Don’t take out a credit card no matter what.” “Credit cards are a trap.” “If you get a credit card you’ll fall into debt.”  We’ve heard all of the above since adolescence, even more surprisingly from the mouths of people in authority who should kn...

NYC 86's Apartment Broker Fees

7 Feb 2020 1 minute read 0 comments moneyredpill

If you’re a New York renter, the unthinkable has happened: State regulation enacted in June 2019 officially states that broker fees are no longer the tenant’s responsibility to pay unless a tenant advertently hires the broker, according to the DOS. I...

What's Next for Bitcoin's Price?

6 Feb 2020 1 minute read 0 comments moneyredpill

Bitcoin rallied to around the $9,700 level on Wednesday, 2/6/20. The market is showing signs of strength as it may reach towards the $10,000 level, which is a significant psychological round figure that should garner much interest. This is a level th...

Don't Live to Work; Work to Live!

6 Feb 2020 3 minute read 0 comments moneyredpill

You shuffle through your bag for your keys. It’s late, well past dinnertime, and you’ve just returned home from yet another exhausting, arduous 12+ hour day of work. You slide off your bag, slip off your shoes, and undo your belt, all of which you’ve...

Don’t Follow Your Passion; Do What You’re Good at

5 Feb 2020 3 minute read 0 comments moneyredpill

From the time we’re in grammar school, we’re told our primary objective in school, university, and life graduation is to “find your passion.” Once you find your passion, you pursue it for the rest of your days and will likely evolve into financial in...

Saving Money is Not Enough

5 Feb 2020 2 minute read 0 comments moneyredpill

Let’s be clear: Yes, interest is effective. However, ~1-2% is not a sufficient rate to effectively accumulate wealth over time, let alone secure a comfortable retirement. And while high-interest savings accounts do exist for a reason and provide a se...

Now is the Best Time to Reinvent Yourself

31 Jan 2020 4 minute read 0 comments moneyredpill

2019 is an exciting time to be alive. Socio-politics aside, we are fortunate enough to experience first-hand a massive advancement in technology only seen once every generation or so, and what many are calling the ‘Fourth Industrial Revolution.’ At t...

10 Habits for Financial Independence

29 Jan 2020 5 minute read 0 comments moneyredpill

This week we’re lightening the mood a bit and breaking down 10 habits and behaviors which have been shown to support and optimize one’s overall health, mental clarity, and most importantly, performance to best achieve one’s financial independence goa...

Finally, a Win for Retail Traders

28 Jan 2020 1 minute read 0 comments moneyredpill

As the financial services realm continues to move from the 1980’s into the 21st century, it was only a matter of time until incumbent institutional trading brokerages caved. In a surprise announcement, Charles Schwab announced October 1st it would fo...

You don't need to be a millionaire to live the life you've always dreamed of

28 Jan 2020 3 minute read 0 comments moneyredpill

What would it take for you to feel financially independent, confidently able to retire, truly ‘free’? It seems like from the time we’re children, we are indoctrinated into school, expected to study for advanced degrees, seek full-time jobs, and build...