Budgeting & Savings

The Average Saving Rate By Income (Wealth Class)

The average saving rate by income increases the more you make. That’s logical since living expenses like housing and food tend to more relatively more fixed. However, the average saving rate doesn’t always increase with more income due to a lack of discipline. We all know people who spend way too much and live paycheck-to-paycheck […]

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A $500,000 Redo: How One Couple Got Their Mojo Back!

Sometimes we all need a redo in life. About once every couple of years, a Financial Samurai post goes a little nuts on the internet. Recently, Twitter got a hold of “Scraping By On $500,000 A Year: Why High Income Earners Can’t Escape The Rat Race” and consumed it like a rabid dog shaking a rag doll.

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The Top One Percent Income Levels By Age Group

Being in the top one percent income level is a big stretch goal for many go-getters. In 2023, a top one percent income threshold is at least $650,000, this is up from $470,000+ in 2019, and $380,000 in 2015! Talk about inflation and economic growth pushing the top one percent income higher and higher! And

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Include Primary Home When Calculating Net Worth Or Not

There’s a perpetual debate raging whether one should include their primary home when calculating net worth or not. I think it’s absolutely fine to include your primary residence as part of your net worth. It’s also fine not to include your home as part of your net worth. You should calculate both because there is

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How To Measure Fiscal Responsibility: Calculate Your FS-FR Score

Want to know how to measure you fiscal responsibility? The key is to calculate your FS-FR score. So far, we’ve got the Financial Samurai Debt And Investment Ratio (FS-DAIR). It provides a logical framework for deciding how much to invest and how much debt to pay down every time you have some disposable income. The

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Average vs. Recommended Expenditure On Housing, Food, Transportation

From a previous post, we know that the average expenditure by U.S. consumers is huge. This post will look at the recommended expenditure on housing, food, transportation and more. According to the Bureau of Labor Statistics (BLS), the latest data for 2019 shows the average U.S. household spends $63,036 a year and earns $82,852 a

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The Stealth Wealth Compendium Of Useful Phrases To Deflect Attention

The Rise of Stealth Wealth is here to stay as long as there’s an ever growing government and widening income inequality. This article provides a stealth wealth compendium of useful phrases to help you get through life easier. It’s only a matter of time before enormous social unrest wipes the country clean of the wealthy

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How Much You Need To Retire And Never Have To Worry Again

“How much do I need to retire?” is a question that comes up over and over again. So once and for all, let me suggest a simple, very logical and conservative method. I hope you can utilize my method to estimate how much you need to retire. Having specific retirement goals is a key to achieving success and

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The Secret To Weight Loss: Losing Your Way To More Money

The secret to weight loss is not more exercise. The secret to weight loss is eating less. In the process of eating less, you’ll also save more money. I wrote this post on July 25, 2009, and wanted to revisit it 11 years later. I was 165 – 167 lbs back then. Today I’m 168

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