Taking money for granted is easy to do when times are good. After a global pandemic, perhaps we are much more appreciated of money! I considered my paycheck to be “endless money.” Every other week I got paid for a service that I provided a company. Given I saved the majority of it, I began […]
Taking Money For Granted: What To Do If The Money Runs Out? Read More »
Every now and again, I receive criticism from folks who believe saving 50% of one’s after-tax income is too onerous. With such little income left, one turns into an impecunious soul who doesn’t have enough “fun.” While I do appreciate my critics elegiac responses, rest assured my heterodoxy is not without merit. For the past three
“I Want To Have Fun” – One Of The Worst Excuses For Not Saving Read More »
Author Romeo Clayton of How We Prevent Wealth is hosting a challenge for all of us to figure out how much do we exactly need for retirement. Â He calls it “The Wealth Number Challenge” where we input our current age, savings, rate of return, current tax rate, annual contribution, years during retirement and more to
What’s Your Retirement Wealth Number? Read More »
Prodigious savers of the world, unite! From the post, “How To Retire Early And Never Have To Work Again“, I mention I’ve saved roughly 15-18 years worth of living expenses after saving 55-75% of my after tax income every year for the past 13 years. If you do the math and follow the chart in
How Much Savings Is Too Much? Read More »
Despite the government saying the economy is better and jobs are plentiful, you know they are lying. How? Because there are still grown adults living at home with mom and dad! If you’re in that camp, this post has some helpful tips on how to get boys if you live at home. If you aren’t living
How To Get Boys If You Live At Home With Mom And Dad Read More »
Is it sad to say that only until I started this post did I realize Black Friday is the day after Thanksgiving? Â No, seriously, I had no idea, which means that I never buy anything on Black Friday because I’m working or up in Tahoe baby! Could there be anything more silly than taking a
What Are You Buying On Black Friday Weekend? Read More »
What would you do with $250,000 right now? Imagine waking up one morning to see a Genie at the foot of your bed with milk and cookies. She grants you the wish of converting your future earnings or current illiquid net worth into $250,000 cash. For example, say you were to work for 20 more years
What Would You Do With $250,000 Right Now? Read More »
There’s only been one bank that has consistently treated me like cow poop all these years and that’s Bank of America. When I saw its shares dip to $6.5 (-45% YTD) during our S&P downgrade meltdown, I couldn’t help but wonder whether it was just karma striking back. Granted, Bank of America has some wonderful people working
Why Do You Treat Me So Badly Bank Of America? Read More »
Don’t buy stuff you cannot afford. It’s a simple mantra to help you get rich. For some reason, some continue to not pay off their credit card bills every month. Can you believe this nonsense? Who willingly buys something they cannot afford, and then pays massive interest on something for months, if not years? That’s just
Don’t Buy Stuff You Cannot Afford If You Want To Get Rich Read More »
If you haven’t heard, the United States of America is having some serious state budget problems! It’s estimated that 44 out of 50 states will have a budget shortfall for fiscal year 2012, which starts on July 1, 2011. The largest absolute dollar offender is my home state of California, with a $25.4 BILLION shortfall. That
State Budget Problems Are Going To Screw Us All Read More »
