There is a lot of talk about budgeting, but you do not hear about net worth tracking as much. Budgeting is just one part of the wealth equation. Budgeting tracks your income and expenses which is key. However, tracking your net worth tracks your wealth. It gives you a complete picture of your finances. Are […]
If you have been reading real estate books, you may know what private lenders are. For those of you who do not, private lenders are individuals like you and me that have spare money to invest. They can lend money to you at a higher interest rate for a shorter period so that you can […]
Buying property cash may or may not make sense in certain situations. If you ask Dave Ramsey, the answer is yes, but if you ask me, the answer is… Depends. If you have read any of my real estate investing blog posts, you know I am a big fan of using debt to buy real […]
Do you need one to start investing? No Should you consider opening an LLC or Corporation before you buys? Definitely. Depending on your circumstances, an LLC may be a must-have. I am not a lawyer and I would highly recommend you do your research or talk to a lawyer beforehand. If you ask me “Katherine, […]
A lot people dislike budgeting. I totally get it, I did too! The word budget itself comes with a stigma. Budgeting is often seen as restrictive and boooring! I am not going to say budgeting is a lot of fun, but it can be. So how did I go from hating budgeting to loving it? […]
Do you ever hear or read about someone who already accomplished what you are trying to do and think to yourself “If I had known what I know now, I’d be there already”? I was having a conversation with a friend about this the other day and thought I’d share. I know we shouldn’t compare […]
Back in July 2018, I started my first official side hustle, Moonstone Accounting. An accounting firm providing tax and bookkeeping services to small solo-preneur businesses. This was at a time where I desperately wanted to get out of the 9-5 life at any cost. I thought “I am an accountant, why not?” So I did […]
It’s been a while since I last wrote a blog post so there is much to catch up. I figured I’d start with the sale of our duplexes. At the beginning of 2020, we had no intend to sale the duplexes. The goal was to refinance from our high interest private loan into a conventional […]
Ufff what a year! Everyone can agree that 2020 came with a lot of challenges and we all had to adapt one way or another. There were challenging times, but I am extremely thankful that things worked out at the end. In 2019, I made a conscious decision to not set goals, resolutions or agenda. […]
I don’t have to tell you why setting goals are key to success. You’ve probably read this millions of times already and there are really good books out there about goal setting. I will say that due to my tendency to obsess over goals (or anything), I had to change the way I set goals […]