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Category: Awareness


“We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.” ~ Warren Buffet


For the past several weeks I’ve been asked about alternative investments like bitcoins (and other cryptocurrencies) and shipping containers more than dozen times! My hairdresser, the taxi driver, our neighbor, the life coach, energy healer, etc. wanted to know what I think about these alternative investments. And let me tell you…when your hairdresser wants to know if it’s not too late to buy bitcoin… I know we’re at the top of the market.


I’ve heard about investing in cryptocurrency for the first time over a year ago. It is my rule not to invest in something that I don’t understand. I either don’t invest in it or I research it, take time to understand the investment and then decide if I want to invest my money into it.


What I see right now regarding the hype about cryptocurrencies reminds me the frenzy I witnessed in the 1999-2000 dot-com era when I was working on Wall Street.


Before I share with you my stance on bitcoin and other alternative investments like shipping containers or vending machines, let me share with you what I know.


Bitcoin is a digital currency. It can be saved, spent, and treaded. As a cryptocurrency, Bitcoin is generated through the process of “mining”, which uses your computer’s processing power to solve complex algorithms called “blocks.”


I have no expertise in Bitcoin or any other cryptocurrencies. I do know, however, that when I first heard about Bitcoin in the early 2016, it was priced at ~ $400. Today, at the time of this writing, Bitcoin (BTC) is worth Euro 4,021 and US$ 4,774! That’s almost 12 times higher!


Many people expect to get rich of cryptocurrencies from here on…. I recently spoke with a young woman from Europe who just started trading Bitcoin in July 2017 and is making great returns on her money according to her trading company located in the Middle East…. She plans to pay off her house in a year and retire in a few years.


Maybe Bitcoin fans will get rich. Maybe not. I don’t know.

However, to me this Bitcoin/cryptocurrency frenzy feels like the craze in the Nasdaq Composite Index in 1998-1999.


Cryptocurrency rise in popularity is attributed to a new technology that is used for trading cryptocurrencies – “blockchain” technology, which, from what I’ve heard, is considered to be revolutionary, just like the Internet was in the 90-s.  In the 90-s Internet was promised to be a revolutionary technology of the 20th century and it was. However, many internet (aka dot-come) companies failed and many investors lost their shirts….


So, it could very well be that in 15-20 years from now the “blockchain” technology will be used everywhere. However, the likely certainty of the widespread of an innovative technology is not the same as the certainty of making money from it. In other words, there is no guarantee that jumping into the cryptocurrency game at this point is a good money-making opportunity for investors or even speculators.


Look, I admit it – I don’t understand the “blockchain” technology that is fundamental for cryptocurrency exchanges. And I really don’t know how much money one can make from this point on speculating on Bitcoin or any other cryptocurrencies.


What I do feel, however, that we might be at the top (or close to the top) of this cryptocurrency bubble and for me, it’s not worth the risk. The dot-com bubble of the 90-s is a good reminder of what could happen. But again, you may have a different risk appetite and tolerance level than I do.


I was also asked recently about another alternative investment, which provides a passive income opportunity – shipping containers. Again, I am not an expert in this investment opportunity either. However, here is what I do know:


It is income-only, depreciating asset (the value of the containers is decreasing over time due to usage, damage, etc.); it’s not liquid (you have to honor your lease term when you lease your container to the shipping companies); you have to pay fairly high fees to the broker when you buy and rent your containers; and your agreement with the broker is govern by the Chinese or Hong-Kong laws….


On the other hand, you may (subject to negotiation) sell back your depreciated asset to the broker (although at a much lesser price than you paid for it); a promised return on your money (paid monthly or quarterly) is fairly high, in the range of 12%-25%, so you may break even and repay your investment in about half-way through your lease term (the numbers are approximated in this example.)


As you know, every investment has a built-in risk. That doesn’t mean that you should never invest. Risk is not the same as recklessness. Calculated risk is healthy – it makes you pay attention and do your due diligence. It’s also very important to be aware of your risk tolerance.


The ultimate message that I am trying to convey here is that you must invest in what you understand OR make time to understand what you’re going to invest in.


To Your Health, Wealth and Freedom!






“I can’t change the direction of the wind, but I can adjust my sails to always reach my destination.” ~ Jimmy Dean


There was time in my life when I desperately wanted to become rich. For me becoming rich wasn’t so much about big houses, designer clothes or fancy cars (although there is nothing wrong with wanting them)… I was craving FREEDOM. And it took me years to become clear about the stages of creating Wealth and the essential elements needed to get to REAL Financial Wealth – the Financial Freedom.


Today I want to share with you the 4 stages of Financial Fitness because looking at where you are now in terms of your financial health will help you focus on solutions needed to evolve or leap your way to Financial Freedom.


There are 4 stages in Financial Fitness funnel:


1.  “Not Enough”: This is the stage when I < E (Income is less than Expenses)

Typical characteristics of this stage:

  • People spend more on their lifestyle than they earn, whether they have a job or a business, and whether they are high-income earners or low-income earners
  • High-interest Debt (credit cards, car loans, or private loans) is often used to make the ends meet
  • There are No Savings
  • People need to work for their money       


2.  “Just Enough”: This is the stage when I = E (Income is equal Expenses)

Typical characteristics of this stage:

  • People spend everything that they earn to cover their lifestyle
  • High- and Low-interest Debt (credit cards, student loans, mortgages, car loans) is often used to maintain a desired lifestyle
  • There are usually No Savings
  • People need to work for their money

3.  “More than Enough”: This is the stage when I > E (Income is more than Expenses)

Typical characteristics of this stage:

  • People spend less on their lifestyle that they earn
  • Low-interest Debt (credit cards are paid off monthly, low-interest mortgage(s), student loans) are sometimes used to maintain a desired lifestyle
  • There are often multiple sources of income
  • There are usually Savings and Investments
  • Philanthropy is quite common
  • People need to work for their money


4.  “Financial Freedom”: This is the stage when I > E (Income is more than Expenses) and there is no need to work for the money

Typical characteristics of this stage:

  • People spend less on their lifestyle that they earn
  • There is No Debt or Low-interest Debt (credit cards are paid off monthly, low-interest mortgage(s)) are rarely used to maintain a desired lifestyle
  • There are multiple sources of income
  • There are significant amount of Savings and Investments
  • Philanthropy become part of lifestyle
  • People don’t need to work for their money – their money works for them


What stage of Financial Fitness do you think are you currently at?


“How do you know about these financial stages?” you may want to ask. Well… a bit of research and a lot of personal experience. I myself was at each of these financial fitness stages more than once!


Important: it is not uncommon to see “Financial Fitness Funnel” jumpers – people who jump as oppose to evolve from one stage of financial fitness to another. Yes, people often ‘jump’ in both directions of financial fitness range – from lower financial fitness stages to higher and back!  Yes, it’s not always the upward spiral, the regression back to the lower financial fitness level is not uncommon.


Now let’s talk about obvious and not so obvious levers that you can use to improve your financial fitness.


Here are the essential factors of your Financial Fitness:

  1. Spending rate
  2. Income stream(s)
  3. Degree of Prosperity Consciousness (Wealth Mindset)
  4. Level of Financial Education


Obvious levers are Income and Spending. If you are currently in stage 1 or stage 2 in your Financial Fitness Funnel, you must honestly and courageously look at your spending patterns as well as contemplate ways to increase your income.


The key words here are honestly and courageously. I’ve met people with different income levels – from fairly low to fairly high – who got stuck in stages 1 or 2 in their Financial Fitness. Obviously, the Income factor is NOT the only important factor here.


The not so obvious yet essential levers are Wealth Mindset and Financial Education.


There are people who are considered to be rich because they own big houses and fancy cars. However, many of them are ridden by competitiveness, fear of losing their ‘stuff’ (houses, cars, money), by the need to make more so that they could consume more, by the need to keep up with the Joneses, or to impress or prove something to someone. This is the consciousness of scarcity and lack, which often leads to regressing from higher levels of Financial Fitness to lower levels.


And then there is financial education. Before you decide to jump into investing – whether it’s stock market investing, Real Estate investing, Cryptocurrency investing, or buying a business – you really must know what you are doing if you don’t want to lose all your money. It’s the naked Truth. And it is rather common that people over-estimate their financial knowledge only to get burned and learn the lessons the hard way.


Clarity Enables Empowerment.


My ultimate goal is to support you on your journey to REAL Wealth – to stage 4, which is Financial Freedom.


No, I don’t promise to give you freedom. I promise to give you the key to your ‘money prison’ cage.


I want to teach you how to make your money work for you. To show you that there’s a bigger, freer world you can live in. To help you unlock the money prison you might be living in (unconsciously) and let you fly away.


That’s what The Millen Method™ of Wealth Mastery is all about.


You can also watch the recording of my VIDEO on this topic HERE


To Your Health, Wealth and Freedom!




Millen Livis


You’ve always dreamed about and hoped that you would have a successful and beautiful life: a loving family; a rewarding career; a lovely home; and personal and financial freedom. You’ve got great ideas, good education and professional experience. You work hard and find time to take care of your family.


You look confident and poised… on the surface. Deep inside, you still have this disturbing self-doubt and fear… fear that you may not have enough money to pay your bills; fear that you may lose your job, medical insurance or your home; fear about your financial security and your retirement… You worry about money so much that it affects your sleep, your health and even your relationships.


You avoid talking about your feelings with your partner…. Unfortunately, money worries destroy relationships, families and careers! Do you know that money is the number ONE reason most marriages end in divorce?
You want to have more abundance, more love and liveliness in your life but… you are afraid of change.

  • ::Millen has a way of opening up conversations that not only make you feel safe to talk about money, but her questions have been so profound that they have made immediate shifts in my mindset and my circumstances have changed almost immediately too, including more money showing up, but more importantly, more and more opportunities.  I have found new and inspired direction, and am feeling a lot more peaceful and excited about life in general. Millen offers so much value and a solid advice! She is a big picture thinker and it is infectious! Thank you, Millen, from the bottom of my heart and the top of my soul.

    ~ Renee Commins, Coach, Renee Commins Coaching

  • ::Millen Livis is a gift to humanity. Millen is very generous with her time and energy, sharing her vast life experiences and strengths, empowering me to become a better human being. Millen has impacted my life spiritually, emotionally, physically and financially, by her encouragement and clarity. I have not said, “Thank you!” enough.

    ~ Heidi Stefan, B.A. Detox Support Counselor, Archstone Recovery Center of the Palm Beaches, Inc.

  • ::Millen brings together an interesting mix of feminine wisdom, clear logic, assertiveness and humility in all of her interactions. With her warmth, intelligence, diverse experience and passion for ‘Dare to be the best you could be’ message, she inspires other women to reach for the goals they set for themselves.

    ~ Sharon Keller, Golden Bear Realty, LLC

  • ::Using laser like energy, Millen gives her full attention to your issue and stays with it until a satisfactory resolution or conclusion is reached. Open minded, yet direct and honest, Millen balances objectivity with compassion. It is a joy to work with her!

    ~ Mary L. Holden, Freelance Editor and Writer

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