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Traditionally, financial independence involves earning, saving, and investing a large sum of money in your early years so that work becomes optional well before conventional retirement.

The idea is to do the hard work upfront in your 20s and 30s — pursuing promotions or taking on side hustles to earn more money while also cutting back your expenses so that you can save half or more of your income.

Some people may choose to stick it out in a job that they dislike because the salary is high and will allow them to reach their financial independence number as quickly…

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Financial independence and financial freedom. There are plenty of definitions and ways to think about these terms. In fact, they are often used interchangeably in the personal finance space.

However, by framing them as distinct, with financial independence as a numerical goal and financial freedom as a state of mind, you will ultimately lead a more meaningful and successful financial journey.

While financial independence is an amazing goal, achieving a mindset of financial freedom is equally important. It is also possible to reach financial freedom and the benefits that come with it, well before you reach financial independence.

What is financial independence?

As a…

Here’s why the sky is always falling and everything is a bubble…

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I’ve just finished listening to The Psychology of Money by Morgan Housel on Audible. I enjoyed it all but one chapter, in particular, struck a chord.

It’s Chapter 17: The Seduction of Pessimism.

Today I’ll cover the big idea from that chapter and add in some of my own thoughts to help you when it comes to your relationship with sensationalized news and media consumption.

But first, some personal context and observation about this problem.


In 2018, I set a “money resolution” and committed to turning my financial life around. I knew I needed to immerse myself in the world…

I changed my financial life in one year. Here’s how and why…

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This is the story all about how my life got flip turned upside down. So I’d like to take a minute so just sit right there. I’ll tell you how I became The Money Resolution, future millionaire…

If you’ve watched my YouTube channel, you know I decided I want to retire early. That’s my desire. That’s why I FIRE. And I figured, why not have fun and rhyme while trying to inspire? This is about getting time back. Not just about acquiring Benjis to stack.

So relax and if you have the time, kick back, and lend me your ear…

AKA what to look forward to if you’re still grinding 9 to 5…

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As much as I enjoy analyzing the financial saving and investment path to retirement so we can earn more time and freedom back — it often begs the question:

What will you DO with all the newly found time and freedom in retirement?

Today I present 101 ridiculously awesome ideas because 101 is kind of my thing. Here are 101 short finance lessons, for example.

I came up with the first 80 ideas on my own in a flurry of inspiration. I found the last 20 ideas via research (they’re even better than mine!). But #101 is the most valuable.

Hint: You can do it yourself and get there automatically

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This article started as a personal challenge: Can I explain how anyone can retire with a $1 million nest egg in less than 10 minutes?

Why $1 million?

It makes for good math, it’s a sexy number, and $1 million should sustain most people throughout their retirement years. It’s as simple as that.

Let’s get started.


First off, let me stress one key point:

You cannot save your way to $1 million dollars. You must invest your savings so your money can grow.

If you were to save $1,000 a month, it would take you 83 years to save $1…

You can achieve FIRE with a modest income. Here’s how…

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When it comes to early retirement or the FIRE movement in general, many assume you have to be a super high earner to achieve it. However, it’s a myth that all people that achieve FIRE are six-figure plus income earners.

If you’re on a low income and aspire to retire early, or even just on time, here are 10 practical actions and money tips you should be thinking about because anyone (yes, even you), can retire early if they get resolved about it.

If you’d rather watch this article, you…

Yes, you too can become an everyday millionaire next door

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If you want to become a millionaire, you should study Millionaires. Learn how they gained their wealth and study their behaviors so you can replicate it.

Today, that’s what we’re going to examine. I’ll be sharing what I found out about current millionaires and pick apart what we should glean from it — what information we should use to inform our own actions to help us achieve the same level of financial success.

If a million dollars to your name someday is a goal of yours, you’re in the right place.

I’ll also share my own thoughts on the matter…

Here are the new rules of thumb to follow instead…

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Most common pieces of financial advice are okay at best. Some are outdated, some are aggravating, and some are flat-out wrong. Unfortunately, this traditional financial advice is holding many people back.

Since most of us didn’t learn about personal finance growing up, we got our financial know-how either from our parents or traditional rules of thumb. Unfortunately, this advice has not dated so well.

Today, I’m going to cover a handful of commonly followed financial advice and give you my thoughts as to why I think it’s bad advice and what you should do instead if you want to achieve…

Yes, you read that right. Hardcovers have arrived!

Hardcovers have begun rolling out as a beta program for some self-published authors, myself included.

This is not a drill.

If you want more evidence than the image above, see below:

Frankie Calkins

M. Ed. Seattle, WA. Marketing Manager by day. Personal finance YouTuber and Author by night and weekends. @TheMoneyResolution

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