With Donald Trump set to become the 47th President of the United States, it’s natural to wonder what this new administration could mean for your finances. For most people under 30, a change in leadership might not significantly impact financial planning. In your 20s, you’re often not earning enough or rich enough for a president’s […]
Financial Planning Through Changing Presidencies: My Journey Read More »
I remember being a broke college student during my senior year at The College of William & Mary. A group of us gathered at the Spanish House, the language immersion dorm where we lived, to brainstorm easy ways to make money. None of us had job offers yet, and we were anxious to prove to
Government Grift As A Lucrative Side Hustle To Build More Wealth Read More »
Not raising the debt ceiling could cause another sell-off in the stock market. If so, history has shown it is worth buying the dip as politicians eventually agree to raise the debt ceiling limit and curb some spending. However, have you ever wondered why the government doesn’t spend more responsibly? After all, we individuals are
Debt Ceiling Debacle: Why Not Just Spend More Responsibly? Read More »
Bear markets and bank runs aren’t good for most people. But let’s try to look at the upside if the Fed destroys the middle class, shall we? Thinking in extremes provides clarity to help make better decisions. To set the stage, we know at least these three things: The last time the Fed Funds rate
The Upside Once The Fed Destroys The Middle Class Read More »
You might be wondering why rich central bankers remain unrelenting in their desire to raise interest rates. After all, there are plenty of signs individual components of inflation are rolling over. Given each interest rate hike takes at least six months to have an affect on slowing the economy, the Federal Reserve could easily over
Understand How Rich Central Bankers Think So You Can Outperform Read More »
Have you ever wondered what the ideal income is to live a comfortable life before retirement and after retirement? Well, look no further than the student loan forgiveness income threshold of $125,000 per individual and $250,000 per married couple. On August 24, 2022, President Biden unveiled a plan to cancel up to $10,000 tax-free in
Why The Ideal Income Is The Student Loan Forgiveness Income Threshold Read More »
The more money you have, the more you can do what you want. The more power you have, the more you can do what you want as well. Perhaps ideally, you have so much money and power that you’re able to consistently be above the law. Here at Financial Samurai, we’re able to help readers
How To Befriend Politicians So You Can Do What You Want Read More »
The Met Gala is an annual fundraiser for the benefit of the Metropolitan Museum of Art’s Costume Institute of New York City. If you want to attend, a ticket costs $35,000 and a table costs between $200,000 – $300,000. However, even if you have the money, you might not be able to go. Anna Wintour,
How Rich Do You Have To Be To Attend The Met Gala? Read More »
One of the great things about being a member of Congress is having power. The more power you have, the more influence you have. And the more influence you have, the more money you can make. Most senators, representatives, and delegates make a salary of $174,000 per year. However, the speaker of the House makes $223,500
Invest Like The Richest Members Of Congress To Make Big Returns Read More »
As the wealth gap continues to widen, it may be beneficial to learn how to convince people you are middle class when you’re actually rich. Otherwise, you might become target enemy number one when the revolution comes! To get things out of the way, I feel rich. Not only do I feel rich, but I
How To Convince People You Are Middle Class When You’re Actually Rich Read More »
