Trying to make heads or tails of balance sheets, income reports, and cash flow statements is enough to make anyone’s head spin. Today’s we’re going to make it a little easier by focusing on one of the most important factors in your investment decisions: Retained earnings, how to calculate them, Read more…
Whether you are working with adults or children, or just trying to better yourself, having a few examples of a growth mindset and a few examples of a fixed mindset can help overcome many obstacles. I mean, I get it. Most of us have lived our lives without ever giving Read more…
Our Goals for August Were: Increase our monthly earnings to: $2,905 Increase our share of earnings from equities by 1% (for a new total of $352) Our total income goal (both active and passive) for August is then: $3,257 Earnings Earnings for August 2021: $3,505 We made a huge reorder Read more…
We all wish we knew how to read more books. But who has the time? And when you try find a little help online, you get really unhelpful advice like “Just spend more time reading”. We can’t all add hours to our lives. So this post will show you how Read more…
We get it. Getting yourself (or your brand) out there in the social media realm can be daunting. When we started our online business, choosing from the many social media management tools out there was our first source of real existential terror. That’s why we’ve put together this list of Read more…
Our Goals for July Were: Increase our monthly earnings to: $2,870 Increase our share of earnings from equities by 1% (for a new total of $332) Our total income goal (both active and passive) for July is then: $3,202 Earnings Earnings for July 2021: $4,045 We had another excellent earnings Read more…
One of our key philosophies here at Three Month Millionaire is “Make it once, sell it a million times.“ And one of our favorite ways to do that is with online course creation platforms. Unfortunately, the world of making your own online course has gotten very complicated over the last Read more…
The Value of Our Business In 2020 the value of our business increased 48%. We calculate our business value using the Discounted Cash Flow model. This gives us the ‘intrinsic’ value of the business (as opposed to market value which can vary wildly. In making this estimate, we must also Read more…
Our Goals For December Were: Maintain the monthly earnings of the businesses at $2,305 Grow our share of earnings from equities to a new monthly total of $266 passive income Work no more than 18 hours. Our total income goal (both active and passive) for September is then: $2,571 or Read more…
Our Goals for June Were: Increase our monthly earnings to: $2,835 Increase our share of earnings from equities by 1% (for a new total of $320) Our total income goal (both active and passive) for June was then: $3,155 Earnings Earnings for June 2021: $2,835 Another suspiciously perfect month! Why? Read more…