A 529 plan is one of the best generational wealth transfer vehicles. Instead of just giving our kids or grandchildren money, it’s way better to give them the gift of education. Thanks to the SECURE Act 2.0, we will be able to roll over leftover 529 funds to a Roth IRA without taxes or penalties. […]
Rolling Over Leftover 529 Funds Into A Roth IRA: Who Really Benefits? Read More »
If you plan on committing a crime, it’s good to know beforehand how bail works. This way, you can wisely conduct a cost-benefit analysis to see whether you can afford to pay for your crimes. If you can’t, then it may be best not to do something illegal. In addition, please note that the terms
How Does Bail Work? Bail And Bond Mean Different Things Read More »
Want to get into an elite university? Develop a better personality so you can receive a higher personality score during the admissions process. In the Supreme Court case regarding using race-conscious admissions (affirmative action) at Harvard University and UNC, we learn Harvard assigns a personality score to every applicant. By assigning a lower personality score
How To Develop A Better Personality To Get Into An Elite University Read More »
After two of brainstorming, writing, rewriting, and editing during the pandemic, my book, Buy This, Not That: How To Spend Your Way To Wealth And Freedom is now available! Let me share why I wrote a new personal finance book after writing about personal finance since 2009. Buy This Not That became an instant Wall
Why I Wrote A New Personal Finance Book: Buy This, Not That 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 »
After 2.5 long years, Buy This, Not That: How To Spend Your Way To Freedom, is now available for purchase! Pick up a hardcopy on Amazon, Barnes & Noble, or your local bookstore. It also became an instant Wall Street Journal bestseller! As a result, I was offered a subsequent two-book deal from Portfolio Penguin.
What Makes A Bestselling Nonfiction Book? Insights From A Major Publisher Read More »
There are good reasons to go to business school and then there are bad reasons to go to business school. Let me share one of the worst reasons I’ve ever heard. I’ve changed some names and figures for privacy reasons. I caught up with a friend, Peter, who is a partner at a private equity
The Most Illogical Reason To Go To Business School I’ve Ever Heard Read More »
Ever since the college admissions bribery scandal in 2019, I’ve been patiently waiting for society to start viewing public schools in a higher light. I postulated that some public schools will eventually be viewed as more prestigious than many private schools since it’s harder to bribe your way in. Getting into public universities is all
Why More Public Schools Will Eventually Rank Higher Than Private Schools Read More »
As part of my sabbatical, I’ve convinced my wife to write more posts. Yes! My master plan is working. Here is Sydney discussing money lessons for college students. – Sam Even though I haven’t been in school for over twenty years, I always get excited during back to school season. I think back to the
5 Money Lessons For College Students To Graduate Financially Ahead Read More »
Something funny happened on our long and intricate preschool admissions journey. A school we had applied to in 2017 reached out and said they have a spot for our son this fall. Now we have to decide whether to forego an enrollment deposit at another school or stay the course. We jokingly refer to this
Forfeit The Enrollment Deposit For A Better School? Read More »
