Good fortune tends to come to those who save and invest over a long period of time. However, sometimes your good fortune goes beyond expectations. In such scenarios, you may experience money guilt. Money guilt arises when you don’t feel like you deserve your good fortune. With literally eight billion people in the world, why […]
Maybe You Don’t Deserve Good Fortune But Enjoy It Anyway Read More »
One of the concerns about the resumption of student loan payments is that it could tank the U.S. economy. Paying back student loans may cause consumers to reduce spending to the point of causing another recession. About 43.4 million Americans have federal student loans, collectively amounting to $1.63 trillion of debt, according to the National
Why Student Loan Repayments Won’t Tank The Economy Read More »
Housing affordability is at or near an all-time low and the Fed is partly to blame due to its aggressive rate hikes in such a short time frame. The Federal government is also partly to blame due to excess stimulus spending during the pandemic. However, this is not a post about who is to blame
The Housing Affordability Problem Is Creating A Nation Of Renters Read More »
The mortgage interest deduction is a positive benefit for homeowners. This itemized deduction allows homeowners to subtract mortgage interest from their taxable income, thereby lowering the amount of taxes they owe. The current maximum mortgage interest deduction is based on a $750,000 mortgage amount. Before the Tax Cuts And Jobs Act (TCJA) passed in December
How To Calculate Mortgage Interest Deduction If It’s Over The Max Read More »
Now that the Supreme Court has outlawed affirmative action in college admissions, it’s time to look at the next layer of affirmative action: getting a job based on identity versus merit. This is the diversity hire dilemma some of you or your children might one day face. It is part of the DEI, or Diversity,
The Diversity Hire Dilemma: How To Get Paid Based On Identity, Not Merit Read More »
The longer you are retired, the harder it may be to find a job if you want to go back. In this article, I’d like to share the difficulties I’ve faced finding employment in a new field. My situation should help folks think more carefully about early retirement and staying out of the workforce for
The Difficulty Of Finding A Good Job After Retiring For Years Read More »
Are you ready for another recession? After 11 Fed rate hikes, a record-long inverted yield curve, and increasing layoffs, it seems inevitable another recession is just around the corner. Don’t wait until it’s too late to prepare. There may be more regional bank failures lurking. If so, mass layoffs will spread across multiple industries, not
A Recession Preparation Checklist To Survive Bad Times Read More »
We’ve all heard of men buying midlife crisis cars to feel more alive (or make up for shortcomings). But what about buying a midlife crisis house? Have you ever thought of such an interesting phenomenon? Let’s say you’re living in a perfectly fine house that fits all your needs. It has the best layout with
The Midlife Crisis House Is A Real And Growing Phenomenon Read More »
It’s hard enough to retire early, say before age 45. However, I’ve discovered it may be even harder to stay retired once you retire early! As I was going through my archives, I realized I had a master plan to re-retire by September 1, 2022, several months after my 45th birthday. Given the birth of
Why It’s So Hard To Stay Retired Once You Retire Early Read More »
Dual agency is when a real estate agent represents both the seller and buyer. Personally, I’ve bought bought three homes using a dual agent before. I simply found each listing online, built a relationship with the listing agents, and convinced them to represent me to save on the purchase price. In the end, I believe
What Is Dual Agency? And Why Some Real Estate Agents Hate It Read More »
