If you’re wondering, “Should I refinance now?” The answer was YES in 2021. But not so much in 2022 after a ~2.75% rise in mortgage rates. Below are some thoughts from 2020 – 2021. (Jump to 2025 and there are more real estate buying opportunities) With so much pent-up savings and demand, surely prices are […]
Should I Refinance Now? Does A Bear Poop In The Woods? Read More »
The following is a guest post on money thoughts from David, a Financial Samurai reader and ex-government bond strategist in his 60s. David shares his money thoughts from a boomer retiree’s perspective with cancer. We had a fantastic exchange over e-mail and I invited David to share his wisdom about money. After all, the best
Life Goes By Quick: Money Thoughts From A Boomer Retiree With Cancer Read More »
As one of the pioneers of the FIRE movement in 2009, unfortunately, $5 million is barely enough to retire early with a family in a large city. It might sound ridiculous to you. But I assure you that thanks to inflation, retiring early is now tougher than ever before. Not only do you need to
Why $5 Million Is Barely Enough To Retire Early With A Family Read More »
One of the biggest peculiarities for hard working folks who want to achieve financial freedom is that we often don’t know when to stop grinding. In other words, when is it OK to forsake Stealth Wealth and start spending more on a better life? After all, you don’t want to die with too much money. Even
When Is It OK To Forsake Stealth Wealth And Spend Up? Read More »
Achieving financial freedom is the ultimate goal in personal finance land. Once you achieve financial freedom you can do anything you want, whenever you want. You can also say anything you want without fear of getting fired. In 2009, when I launched Financial Samurai, I helped kickstart the modern-day FIRE movement of retiring early and
Achieving Financial Freedom One Income Slice At A Time Read More »
It’s been over thirteen years since planting my financial independence flag in 2012. I want to share with you some thoughts on how life has been after financial independence. I originally wrote this post eight years after retiring early. Before neutering my day job income, I feared whether I was doing the right thing financially. What I
Life After Financial Independence: How Life Changed After Retiring Early Read More »
Let’s say you find your dream home that you want to buy. Unfortunately, everybody else wants to buy your dream home too. With competition so difficult, let me share what to do if you real estate offer is rejected and you still want to buy. Sometimes, a home is just too good to pass up.
What To Do If Your Real Estate Offer Is Rejected And You Still Want To Buy Read More »
Refinancing a mortgage without a job is brutally difficult. Once you lose your stable W2 income, you become dead to banks. Please refinance your mortgage before quitting or negotiating a severance please! Once you leave your day job, you become dead to banks. Lenders need to see at least two years of qualified income to
Refinancing A Mortgage Without A Job Is Almost Impossible: Three Potential Solutions Read More »
Entrepreneurship is great due to the high correlation between effort and success. If you want to get rewarded mainly on merit, entrepreneurship is the way to go. But just how much entrepreneur income do you need to replace your day job income? It may surprise you that it actually takes a lot more income! And
How Much Do I Have To Make As An Entrepreneur To Replace My Day Job Income? Read More »
What Is Simplified Whole Life Insurance? Simplified whole life insurance is for seniors who procrastinated about buying life insurance when they were younger. Simplified whole life insurance is also those who have medical issue and don’t want to go through a medical exam. With simplified whole life insurance, you don’t have to get a medical
Simplified Whole Life Insurance Read More »
