If you’ve been laid off from an employer with 100 or more full-time employees, you are eligible for Federal WARN Act pay. An employer must provide written notice to employees 60-days prior to a plant closing or a mass layoff. In other words, the Federal WARN Act pay is equal to 60 days of pay, […]
When To File For Unemployment Benefits If You Receive WARN Act Pay Read More »
For those who follow golf, there was a blockbuster announcement that the PGA Tour would merge with the LIV Golf League. Nobody expected the PGA Tour to merge with LIV because the PGA Tour had been adamant in its disdain for the Saudi Arabia-backed league. The LIV Golf League offered obscene amounts of money to
My Regret Of Not Taking The Money Due To Company Loyalty 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 »
I’m a late adopter, which is why I haven’t thought too much about artificial intelligence (AI). I’d rather have early adopters figure out all the kinks first so I can better spend my time using the technology. However, at a kid’s birthday party one Saturday, a dad, who works in finance, came up to me
Artificial Intelligence: How To Protect Yourself And Benefit Financially Read More »
Have you ever visited Pity City? You know, the place where you feel sorry for yourself and all your problems? I think we’ve all been there before. At Financial Samurai, we accept our situation and take action to make things better. Complaining why life isn’t fair is not the Financial Samurai way! We are all
A Visit To Pity City Shows Your Boss Probably Doesn’t Care About You Read More »
One reason why you might want to attend an Ivy League college or similar college is to earn a higher income. As a parent, you hope your child attending an elite university will make them upwardly mobile. A better life is what every parent wants for their kids. And a better life often means having
Median Income Earned By Ivy League Graduates: Unimpressive At First Read More »
In 2010, Nobel Prize winners Daniel Kahneman and Angus Deaton from Princeton University argued that $75,000 was the ideal income where happiness increased no further. As someone who made as little as $4/hour at McDonald’s to multiple six figures a year working in investment banking, it was clear to me happiness continued way beyond the
Why Nobel Prize Winners Were So Wrong About The Ideal Income For Happiness Read More »
After doing a deep dive on the different ways to pay for college and how to get good financial aid, I realized the best thing for my family is for me to go back to work. Coming up with $1,500,000 for two kids’ college experience in 12-15 years is daunting. Going back to work feels
Sadly Giving Up On Retirement And Going Back To Work Read More »
Some employers pay their employees with company stock as part of their total compensation package. This way, employees become owners and potentially feel a greater sense of duty towards the firm. If you don’t own any of your company’s stock, you might be less inclined to come in early or leave late. Without company stock,
Regularly Selling Your Company Stock Is Probably A Good Idea Read More »
As the economy slows thanks to a Fed-induced recession, anger against anybody who is perceived to have more wealth or success will go up. As a result, it’s important to practice Stealth Wealth to stay safe and happy. I know anger has increased since the bear market began because I run a personal finance website
A Stealth Wealth Case Study On What Not To Do To Blend In Read More »
