In 2017 and 2019, I superfunded two 529 plans for my two children. Since then, my wife and my parents have also regularly contributed to the two college savings plans. You would think with all this aggressive saving, I would feel confident we’ll have enough saved to pay for college. But I’m still unsure. Given […]
A 529 Plan Is Not Enough To Pay For College, We Must Save More Read More »
When my kids were born, I made a promise to be a stay-at-home father for the first five years of each of their lives. Mission accomplished with my son in April 2022, and my daughter in December 2024. I’m now wondering how I will fill the void once both kids are in school full time.
How Parents Can Fill The Void Once Kids Go To School Full-Time Read More »
One of the things I’ve tried to work on since high school is being less judgmental about others. To function efficiently in society, I often have default assumptions about people which can sometimes backfire. I’m also certain that if more people got to know each other there would be less conflict. As a minority who
A Blind Spot About Private School Families: They Aren’t All Rich! Read More »
After successfully replacing her lost passport, my wife finally got to Tokyo, Japan to help her mother out with her mother’s sister’s estate issues. At times, it felt like mission impossible coordinating the trip, booking the hotels, going to the countryside to place the urn, and meeting with another country’s estate planning lawyers. Her mother
The Things We Learn After Being Apart For A While Read More »
During the summer, I like to work odd jobs to remind myself of the importance of hard work and determination. This way, it helps me not take for granted the things that I have today. Since starting Financial Samurai in 2009, I’ve been told countless times that I live in a bubble and I’m out
A Summer Job Landscaping A Rental Property With My Children Read More »
After every tennis match I lost in high school, my father would console me by saying, “You just weren’t good enough.” Those words stung each time I heard them. But they were true. Over time, my dad stopped coming to my matches because I told him the pressure of his gaze wasn’t helpful. With no
The Joy Of Low Expectations: When Nobody Believes In You Read More »
One of the fun things about giving up on retirement is preparing for upcoming job interviews. I probably gave over 300 interviews myself when I was working in banking from 1999 – 2012. One of my favorite interview questions is asking candidates about a blind spot of theirs they eventually realized and how? The question’s
Blind Spots For Fathers Who Think They Are Doing A Great Job Read More »
Now that COVID is over, my wife and I went to our son’s school fundraiser for teachers and low-income household families. I had never been to one of these types of events before and found it fascinating. The thing is, I almost didn’t go. I had been running around all day with the kids and
What It’s Like Attending A Fancy Private School Fundraiser Read More »
I realized something important after writing about the best reason to retire early. Money doesn’t buy everlasting happiness. However, having more money can reduce stress and anxiety. The goal of achieving perpetual happiness is not realistic. Happiness ebbs and flows. It’s more exciting to be an 8 out of 10 on the happiness scale because
Top 10 Financial Moves To Reduce Stress And Anxiety Read More »
Do you want a rich long life? Of course you do. It turns out that marrying an Asian person may give you the highest chance of outliving and out-earning most people. Let me share how I came to this conclusion. After publishing my post on how life expectancy greatly depends on wealth and location, a
For A Rich, Long Life, Marry An Asian Person Read More »
