In the spring of 2012, I hung up my sword after working in finance since 1999. But I’ve discovered it’s impossible to stay retired once you retire early. There was actually a hiccup the very last day of work, a Friday. When I was e-mailing some personal files from my work account to my personal account […]
It’s Impossible To Stay Retired Once You Retire Early Read More »
I hope everybody is locked and loaded to get… loaded again! It doesn’t matter what new year it is. Every year we should have a goal to make more money, save more cash, and growth our net worth. Only after you’ve achieve financial independence can you take things down. Let me first discuss five basic
Make More Money, Save More Cash, Grow Your Net Worth Now! Read More »
Published on 11/22/2014, updated on March 25, 2021 as I go through my 13th month of lockdown. I’m trying to build grit and perseverance as I care for my two children and wife. Life is funny. I remember looking out my new living room window one morning and seeing the Farallon Islands for the first
The Epitome Of Perseverance: Joe Locke’s 14-Hour Swim Through Cold And Darkness Read More »
There’s active income and then there’s passive income. If you want to achieve financial independence, you’ve got to build as much passive income as possible to covered your desired living expenses. However, I believe active income is much more enjoyable than passive income. Making money while not doing anything is the ideal scenario, or so
Active Income Is Much More Enjoyable Than Passive Income Read More »
If you want to get rich or simply just grow your wealth, first you have to be willing to save more money. Then, you have to be willing to smartly invest that money to beat inflation and benefit from compounding returns. But, perhaps you’re in need of motivation to save more money. Funny or not,
A Great Way To Save More Money: Visualize Your Broke-Ass Lonely Self Read More »
When we first graduate, we have little-to-no options since we know nothing. We’re a cost center that does what we are told and likes it. We develop skills that provide us more options over time. We look for better opportunities or ask for raises with more skills. Sometimes we get complacent and just stick with a company
How Much Is Optionality Worth To You? Read More »
Every month I contribute $1,500 to my 401K so that by the end of the year, the 401K is maxed out at $18,000 (the max increases to $18,500 for 2018). Unfortunately, $18,000 a year is a ridiculously low amount of money to save for retirement if you really do the math. After 10 years, you
View Your 401K Like Social Security And Write It Off Read More »
Welcome to my annual passive income update. I don’t do these updates more often because nothing changes too much on a month-to-month or quarter-to-quarter basis. Do you really want to see that I increased or decreased my passive income by $1,000 from the month before? I think not. Here are some immediate reasons I can
Financial Samurai Passive Income Update 2014-2015 Read More »
When you join a company, you may have to decide between equity o cash compensation. Usually, the equity or cash compensation is split more heavily towards cash. However, at a startup, you may elect to have lower cash compensation for more equity compensation. As a veteran worker who has received cash and equity compensation over
Equity Or Cash Compensation? Deciding What’s More Valuable To An Employee Read More »
And just like that, I’m no longer in the 800+ credit score club full of beautiful people. As part of my mortgage application process, the bank had to pull my credit score. The big white envelope in the mail with the results reminded me of my college acceptance letter way back in 1994. When I
What’s Hurting My Credit Score And Why Is It Fluctuating So Much? Read More »
