Starting A Textile Company: Patents

Mar 11, 2014 1 Comment by

As I look for a new stream of income, I have decided to start an online company selling textile products. This was after considering many types of products and deciding to go with a product that requires low seed money. Patents One of my product ideas is patented by my competitors. My current challenge is [...]

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Starting A Textile Company: Textile Challenges

Mar 10, 2014 Comments Off by

As I look for a new stream of income, I have decided to start an online company selling textile products. This was after considering many types of products and deciding to go with a product that requires low seed money. 4 Products, 1 Niche I currently have 4 product ideas for a specific niche of [...]

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Ideas For 4HWW

Mar 08, 2014 2 Comments by

Product ideas have been coming to me during the last year. As a new parent, there are many new challenges where a good product does not exist and I have been turning these challenges into products. My Background My academic background is product design and engineering. I have all the skillset to turn an idea [...]

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New Income Through 4HWW

Mar 05, 2014 Comments Off

The desire to bring in more income wasn’t present in me for the last few years. I had reached my family’s desirable real estate portfolio and it allowed for my husband to stay at home while we start a family. With that income, we were also able to spend more on vacations and entertainment so [...]

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Appliances for Rental Properties

Sep 27, 2013 1 Comment

Many appliances will breakdown in your rental property. It is wise to spend money on quality for a few of these appliances and save where you can. You don’t need to spend a lot to get quality and you might not even have to buy new either. Instead, read reviews and buy smartly. Buy quality [...]

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Adequate Lifestyle

Sep 26, 2013 Comments Off

Lifestyle influences early retirement date A higher annual pending delays retirement. Early retirement is a compromise of hard work and little spending over a few years. There is no right answer on how much money you need to retire to sustain your lifestyle as this choice is purely personal. Lifestyle is a Continuum I have [...]

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Get Out Of Debt

Sep 24, 2013 1 Comment

Getting out of debt is easy on paper. You already know what to do. Look at all your expenses, separate needs from wants, drop most of your wants until you can divert your savings into debt repayment. Bring in more money if you need to. This post isn’t going to tell you the details of [...]

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New Frugality: Eating Out Is Disappointing

Mar 05, 2013 2 Comments

Eating out has been a staple in our society as one gets a coffee on the way to work, orders take out for lunch while at work, enjoys a fast food grab on the way home or a nice outing with friends or family after a long day. I used to enjoy eating out as [...]

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How Did Goldeneer Make It

Feb 20, 2013 1 Comment

In 5 years, Mr and Mrs Cannes acquired 6 rental properties and a home. The rental profits from all properties are now enough to replace one income and make them financially independent. The following were the steps taken by Mr and Mrs Cannes. Frugality As Mr and Mrs Cannes were finishing university, their  jobs during [...]

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Time Required To Manage Rental Properties

Feb 14, 2013 Comments Off

For 5 years, Mr. Cannes and I have been managing our own rental properties. People tend to think that managing properties take a lot of time, sometimes as much as a full time job. We manage 6 rental properties and typically spend 2-6 hrs each month for most of the year. There are however peaks. [...]

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