Mr. Hobo Millionaire - Observations on Life, Business, and Money from a Life-Long Entrepreneur
  • Latest
  • About Mr. Hobo Millionaire
  • Contact Mr. Hobo Millionaire
Latest
About Mr. Hobo Millionaire
Contact Mr. Hobo Millionaire
Mr. Hobo Millionaire - Observations on Life, Business, and Money from a Life-Long Entrepreneur
  • Latest
  • About Mr. Hobo Millionaire
  • Contact Mr. Hobo Millionaire
Browsing Tag
savings
Life Money Relationships

Find Your Why… For FI

My pursuit of financial freedom started in my 20’s (30 years ago). I did not know anything back then about FI or FIRE, or one of the original books on all of this… “Your Money or Your Life”. I simply didn’t want to have to work and be controlled like my father was at his jobs. My father served in Vietnam in the 101st Airborne in his early 20’s. After that, with his jobs, he pretty much got up to an alarm at 5am for almost 50 years until he died. While I deeply respected my father’s hard work and sacrifices (I’ve never known anyone who worked harder), I wanted more, and I wanted to not be a slave to an alarm clock for the rest of my life.

Fast-forward to 2012, I was finally making some good money after 20+ years of hustle (200+K of profit). I was technically a millionaire on paper by then due to my software subscription business model (X multiplier of net profit with recurring revenue), but I certainly didn’t feel like it. Just a few years prior I was paying off IRS debt (that’s another long story), and I had zero savings. Yes, you read that correct, zero.

Continue reading
Reading time: 9 min
Money

A Very Basic Intro to Investing and the Stock Market

First and foremost, I want you to remember this one thing from this article, even if you don’t remember anything else… YOU need to know and understand YOUR money and investments.

  • Never stop reading and studying about money and investing.
  • Do not depend on others to handle your money.
  • No one will put your interests first like you.

An investment in knowledge pays the best interest.

Benjamin Franklin

A knowledge of investment builds wealth.

Mr. Hobo Millionaire

With that said, here’s a few basic terms and things to understand about investing and the stock market…

Continue reading
Reading time: 6 min
Hard Work

Hard Work And Getting Ahead

I am so thankful my father taught me (and led by example) the value of a strong work ethic. Nothing beats the feeling of accomplishment hard work gives a man (or woman). A sense of pride, self esteem. I am all for helping someone down on their luck, but I want to see genuine effort from them to improve their lives, too. For THEIR sake, not mine. I’m fine whether they improve their lives or not.

Opportunity is missed by most people, because it is dressed in overalls and looks like work.

Thomas Edison

Success (and wealth) looks a lot like hard work.

Mr. Hobo Millionaire (with a hat tip to Mr. Edison)

A lot of people complain they just can’t get ahead, yet they work 40 hours or less per week. News flash… you’ll never “get ahead” working 40 hours a week. You must put in extra effort/extra time to get ahead. If 40 hours were all that was required to get ahead, nearly everyone WOULD be ahead.

Continue reading
Reading time: 2 min
Money

Wealth, Not FIRE

FIRE (“Financial Independence Retire Early) — “retiring early” is a strange goal. But the ability to “Work On (your) Own Terms — WOOT!… that’s a worthy goal.

WOOT! or Retirement?

The idea of saving for retirement can be boring. If you’re 50 or older and haven’t saved, saving for retirement can feel like life-or-death, but when you’re in your 20’s, 30’s, and early 40’s, retirement is the last thing on your mind. I’m hoping to help change your mind by not making saving about retirement, but about building wealth.

Continue reading
Reading time: 2 min

About Mr. Hobo Millionaire

I blog about money, financial independence (FIRE), life, and entrepreneurship. I got rich slowly (over 20+ years) with a niche software business. I also failed at a number of other things (and mild success with a few others). I share what I did right along the way, and a lot of what I did wrong, with a goal to encourage you think differently about life and money.

Subscribe to Blog via Email

Enter your email address to subscribe to this blog, and receive notifications of new posts by email.

Follow

@MrHoboM on social media:
Twitter | Facebook | Instagram

  • twitter
  • facebook
  • instagram

 Featured On

Physician on FIRE

Millionaires Unveiled

FinanciallyAlert.Com

ESIMoney.Com

Popular Posts

The World Is Not Safe. It Has Never Been Safe. It Will Never Be Safe.

The World Is Not Safe. It Has Never Been Safe. It Will Never Be Safe.

June 30, 2020
The 7-Hour Workweek

The 7-Hour Workweek

May 19, 2019
Find Your Why… For FI

Find Your Why… For FI

April 27, 2019
Why I Have My Entire Stock Market Holdings In One Single Stock (VTI)

Why I Have My Entire Stock Market Holdings In One Single Stock (VTI)

November 18, 2019
Equality? We Are NOT All Equal… And That’s OK.

Equality? We Are NOT All Equal… And That’s OK.

July 14, 2019

Recent Comments

  • Dave on The World Is Not Safe. It Has Never Been Safe. It Will Never Be Safe.
  • Mr. Hobo Millionaire on The World Is Not Safe. It Has Never Been Safe. It Will Never Be Safe.
  • Dave on The World Is Not Safe. It Has Never Been Safe. It Will Never Be Safe.
  • Marc Archibald on Equality? We Are NOT All Equal… And That’s OK.
  • Mr. Hobo Millionaire on Equality? We Are NOT All Equal… And That’s OK.
  • Mr. Hobo Millionaire on The World Is Not Safe. It Has Never Been Safe. It Will Never Be Safe.
  • Marc Archibald on Equality? We Are NOT All Equal… And That’s OK.
  • Marc Archibald on The World Is Not Safe. It Has Never Been Safe. It Will Never Be Safe.
  • Mr. Hobo Millionaire on The World Is Not Safe. It Has Never Been Safe. It Will Never Be Safe.
  • Ben on The World Is Not Safe. It Has Never Been Safe. It Will Never Be Safe.
  • Mr. Hobo Millionaire on The World Is Not Safe. It Has Never Been Safe. It Will Never Be Safe.
  • Impersonal Finances on The World Is Not Safe. It Has Never Been Safe. It Will Never Be Safe.
  • Mr. Hobo Millionaire on Cars Are Money Pits and Kill Wealth Building
  • Vee on Cars Are Money Pits and Kill Wealth Building
  • Ben on The World Is Not Safe. It Has Never Been Safe. It Will Never Be Safe.

Tag Cloud

2nd place abundance Apple auditions business choices compounding critics death dividends entrepreneurship financial independence Financial Samurai FIRE freedom hard work Harry Potter investing investments JK Rowling life losers losing microsoft millionaire money negativity Oracle passion Quora recurring revenue retirement s&p 500 saving savings software SteveArk.Com stocks theodore roosevelt Vanguard VOO VTI winners winning work

© 2019 copyright MrHoboMillionaire.Com // All rights reserved
Designed by Mr. Hobo Millionaire