Are you conflicted by how much time and money you should give to help other people because you aren’t financially secure yet? Because you feel fortunate, do you feel guilty for not giving more? Welcome to the club! In my 20s and early 30s, because I was getting beaten by a stick at work, I struggled with giving […]
How Much Time And Money Should I Give To Charity? Read More »
The median net worth for US families in 2018 plunged to just $77,300 from a high of $126,400 in 2007. This is according to the Federal Reserve’s Triennial Survey of Consumer Finance. $77,300 can’t even buy you two years of private college tuition! No wonder why so many people think the US is screwed. The
The Median Net Worth Plummets To Early 1990s Levels Read More »
Ever wonder about a celebrity’s income and spending habits? We get to peek inside a celebrity’s income and spending habits thanks to a messy divorce. I had never heard of Amber Heard until her pending divorce with Johnny Depp went mainstream on May 27. She’s accusing Johnny of physically and mentally abusing her for years. Terrible, if
A Peek Inside A Celebrity’s Income And Spending Habits Read More »
The best money market rate I’ve found online depends on timing. If you want to get better rates and higher services from banks, you need to develop a relationship and concentrate your assets. Weeks before Lehman Brothers went bust on September 15, 2008, I decided to spread my savings out to various banks to hedge
How To Get Better Rates And Higher Service From Banks Read More »
Since starting Financial Samurai in 2009, I’ve been making better financial decisions. The reason is because before each big decision, I always spend at least a couple hours analyzing each situation through a post. The dilemmas I have are very similar to the dilemmas many of you have, will have, or have experienced. As a result, after each
A Better Way To Prevent Financial Mistakes: Convince Others Why Before You Buy Read More »
You might have the cheap disease, which will hurt the quality of your life. On your road to financial independence, you want to spend enough to enjoy everyday without worrying about running out of money. 4pm – 5:15pm was our doubles court time. At 4:05pm, our 4th player group texted us to say he was waiting for
Curing The Cheap Disease For A Better Life Read More »
Want to spend lots of money and not feel bad? Only after publishing CD Investment Alternatives did I realize the article is irrelevant to those of you who don’t save or don’t save much. I’m always trying to make my articles as relevant and helpful to as many readers as possible, so I apologize for skipping over
How To Spend Lots Of Money, Feel Good, And Not Give A Damn! Read More »
Would you give up all the pleasures in life to pay off your mortgage early? One man did, which is amazing. Before we get to his story, let me share my own mortgage pay off story. I bought my first property a week after turning 26. It was a two bedroom, two bathroom, 1,000 sqft
For the record, I believe having at least 10 million dollars is the ideal amount of money to retire early today. Given interest rates have come down over the past 40+ years, the value of cash flow has gone up. Inflation is also pick up. Retirees and investors need a lot more capital to generate
What Would You Do With $10 Million? Read More »
Only 10% of the population makes more than ~$113,000 a year, but if you live in the San Francisco Bay Area, it seems as if everybody is making six figures or more due to sky high housing prices. Let’s hear from my friend Chris, who so happens to make a healthy income working at one of
If A Googler Lives In A Mobile Home, Why Complain About Living Costs? Read More »
