This is the forty-fifth in a series of personal finance blogger interviews with fellow personal finance bloggers. Today’s guest is Alexander from Cash Flow Diaries.
Cash Flow Diaries is a personal finance/real estate investing blog dedicated to helping myself and others reach financial independence. Passive income is the key for retiring early and I plan on getting to that point as early as possible by acquiring as many rental properties as I can. Cash Flow is King!! The blog is very helpful for newbie real estate investors who are looking into achieving a similar goal. Please stop by and say Hi! Would love to hear from you.
Who is Alexander?
Alexander: A daredevil, a renegade and a rebel! Ha! okay maybe not a renegade but I do tend to have daredevil like qualities. At least in my younger days. Here are some of the crazy things I have done in my life: Jumped off an 80 ft cliff, driven a motorcycle 165 MPH, sky dived twice, white water rafted class 5 rapids and climbed a 14k foot mountain in the Colorado Rockies. Pretty wild right? See I told you I’m a daredevil. But of course those days are long over. The only daredevil tactics I use now are driving my “slow” motorcycle 80 MPH sometimes. Hey it still feels fast!!
Why did you start your blog?
Alexander: The original purpose of Cash Flow Diaries was to track my net worth online. By tracking it online, it would motivate me to achieve faster growth. Then a few days later as I started writing the content, most of it was about my real estate investments and it all of a sudden dawned on me that I am a full blown real estate investor and I can write to the world how I have achieved what I have so far. And then I discovered the awesome world of other bloggers which is super fascinating. There are bloggers out there literally making 100k per month from the blog. It’s insane!
So now I write about blogging too but mostly about real estate investing. Because real estate is my passion and I really want others to be able to achieve what I will achieve.
What are your favorite Blogs?
Alexander: I literally only discovered blogs this year. Just a few months before I started blogging which was in late May early June 2015. I have came across tons and tons of blogs but the only ones I see myself going back to are:
When did you first become financially literate?
Alexander: Four score and seven years ago! Ha okay that was dumb. I just googled what that meant and it means 87 years ago. Isn’t that wild?! Okay well I first read Rich Dad when I was about 22 and the light bulb when off. That is when I changed my life for the better. I owe it all to Kiyosaki dag gummit! Ha, believe it or not, there are a ton of people who don’t like him. I mean I don’t worship him or anything but it was his book that shined the light on me so I am grateful. FYI – I am in my mid thirties right now.
What was the last item you regretted purchasing?
Alexander: Oooh this a tough one because I don’t really regret anything. Okay I just thought of something, the last thing I regret purchasing was a nasty late night mcdonalds meal about a year ago. I was starving, on the road and needed something and of course they are everywhere so I broke down and did it. It had been over 5 years probably since I stuffed nasty mcdonalds down my throat and I did not enjoy any of it. Totally regret that now that I think about it. Anyways, never touching that food again!
If you died today, would your family be okay from a financial standpoint?
Alexander: Well right now its just my girl friend and I plus our two dogs. So if I died today I think they would be okay. But for my future family, once the kids start rolling in which will probably be soon, I am sad to say that they would not be okay yet. I am still in growth mode and need to get a lot more rental properties before I will feel comfortable to say my family would be okay financially if I died. I will get there though. Trust me!
What are you teaching (or will you teach) your kids about money?
Alexander: My parents taught me to have a really super high work ethic, be the best I can be at anything, put in 110% and all that mumbo jumbo. That is exactly what I will teach my kids. They will live comfortably, but they will know they need to work to live a good life like that.
What’s your dream job?
Alexander: Well now that I know there are bloggers making 40k to 100k per month from blogging that is what I want to do. Stay at home, chill with the dogs, and write blog posts all day long! Ha, that would be crazy huh?! My real dream job is to be a full-time real estate investor. Right now I have a day job at a software company and its great and all but there is no way in the world I can continue working for others and basically being their minion. I want my own minions dang it!!
Do you travel much? (write in question)
Alexander: Traveling is my favorite thing to do. When I was 19 years old, I back packed through Europe for a month and that changed my perspective on life. Since then, I have now been to 23 different countries and have seen amazing things. I have seen so many cultures and eaten so much good food. It is astonishing how big this world is and how little of it people are ever going to see. I will never stop traveling and look forward for my next trip. Not sure where that will be yet but it will be an amazing place. Travelling has literally shaped who I am today. Much of my personality and way of thinking stems from seeing and meeting so many different types of people. From third world countries to some of the world’s top nations, each one you will learn something new from.