Create More Cash Flow, Grow Your Wealth
Hi, I'm Paul Blacquiere. My website is all about helping you to save money, create more cash flow and grow your wealth.
Whether you're...
- Looking for early retirement
- In debt and want out faster
- Want to generate extra income, or
- Craving freedom from your job
...education is the first step to achieving your goals.
Spirepoint provides financial education, courses and software to help you to earn, keep and grow your money.
Feel free to browse the website, and if you like what you see, you can subscribe to the Spirepoint newsletter and get cash flow and wealth creation tips, free educational webinars, and more – direct to your email inbox.
And if you keep reading below, you can discover a bit more about Spirepoint and how it got started...
How Spirepoint Started
I started Spirepoint in 2004 but it wasn't originally about financial education - it was about real estate investing.
I had bought a few properties at that time and was trying to attract investors to expand my real estate portfolio. I figured a website would be a great way to do that... and it was!
Over the years, I pivoted the website to offering online training courses about real estate investing, and then expanded to other cash flow and wealth building topics - things I had been interested in for many years before I bought my first property.
In fact, this story goes back even earlier in my life...
What Do The Rich Do?
Since I was very young, I always had a fascination with making money.
From collecting coins and stamps to running a lemonade stand to even writing a book report on money (including attached coins!) - I tried many different things.
In my early 20s, I decided to get more serious about it and research how people become wealthy and what they invest in.
After reading many magazines, books and courses, I discovered the wealthy focus on 3 main areas:
- Businesses
- Paper Assets (stocks, options, bonds, etc.)
- and Real Estate
Sometimes they built wealth using a business, and stored it long-term in real estate. Other times they built wealth in real estate, and stored it long-term in paper assets.
But almost always they focused on a combination of these 3 things.
My $2,000 Discovery
I realized my first step was to get my personal finances in shape. If I was going to invest in real estate or trade stocks, I would need capital!
I was in college at the time, and one night I was watching TV and I saw an infomercial for a free seminar in my area on improving your finances, investing and starting a business.
It was exactly what I needed.
I attended the event and they were selling a home study program at the end of the night. I didn't have the money (I was a broke student!) so I drove home and somehow convinced my mom to give me the money.
Now the pressure was on... I HAD to show some results!
After reviewing the course, I discovered some areas where my mom could save money on her taxes and maybe get a tax refund.
After filing an adjustment for her tax returns, she received a check for over $2,000.
I was hooked! (and so was my mom)
Business, Real Estate, Stocks and more
After that initial success, I wanted to learn more about finances and investing, but what should I do next?
I had no idea what was best for me and my talents and skills, so I tried a variety of different things to see what worked (at least for me).
Here are a few examples...
- Setting up a home-based business
- Tax planning and savings
- Buying a House, and Renting rooms to roommates
- Real Estate investing, including renovations, flips, and more
- Raising JV Capital, retirement funds, and more to fund deals
(that's how this website got started!) - Starting an Online Business and selling products online
- Stock Market investing for cash flow
- Bitcoin & Crypto-currency investing and cash flow
- And more
Not everything was very successful, but the experience I gained from trying different things was invaluable.
For example, I wanted to try real estate investing, and I figured buying a home and renting out rooms to roommates would give me some ‘practice’…
- Dealing with tenants
- Collecting rents
- Managing expenses, etc.
This worked very well! I learned a LOT about taxation, money management, and dealing with people (the most important thing in real estate).
I also learned why you should never rent rooms only to guys, and never only to girls – always have a mix of both 🙂
Want more Cash Flow & Wealth?
Today, I'm still discovering new ways to create cash flow and wealth in business and investing.
And I'd like to share some of my best knowledge with you right now.
Just scroll down to the bottom of this page and enter your best email address in the box to get my free video case study on how I used 1 piece of paper to prove $27,938 in down payment funds to buy rental properties.
(By the way, it works if you're a home buyer as well! )
As a subscriber, you'll also receive regular Cash Flow and Wealth Building email tips, free educational webinars, and more.