When I became a father, one of the first things I did was call up my life insurance provider to review how much life insurance I have and go through the various term life insurance options. My carrier reminded me that my existing $1,000,000 term life policy is set to expire in 2022. I’d purchased […]
Beware Of The Life Insurance Bait And Switch Tactic Read More »
The average advisor fees charged by brokerage range from 0.63% to 1.17%, depending on client assets. In general, average advisor fees have been coming down over time due to pressure from robo-advisors like Empower, Wealthfront, and Betterment. This is great for clients looking to save on brokerage advisor fees. The wealth advisory business is great
Average Advisor Fees Charged By Brokerage Read More »
It’s a worthwhile goal to be great at something – top one percent great. Being a jack of all trades, master of none is an excuse many of us use because we aren’t willing to try harder. We know this, so we settle for good enough. Good enough is good enough if you’re content. But
Why Settle For A Good Retirement, When You Can Go For A Great One? Read More »
One of the biggest benefits of financial freedom is the ability to spend more time helping other people. Although writing about building wealth is useful and donating money is good, adopting or fostering a child reaches a next level of kindness. Today’s post is from Jillian at Montana Money Adventures. She has adopted not one,
Adopting From Foster Care: Clarifying The Misconceptions To Build A Loving Home Read More »
Knowledge brings about wealth and power. If this wasn’t the case, you wouldn’t have families spending $20,000+ a year for their children to attend kindergarten through the 12th grade. If knowledge wasn’t so important, there wouldn’t be any private tutoring or a test prep industry. If education was no big thing, there wouldn’t be a
An Inexpensive And Easy Solution To Improving America’s Financial Health Read More »
If you are considering selling your rental home, this post shares why I sold my rental home in 2017. Real estate is my favorite asset class to build wealth, and my rental home was a key part of my passive income portfolio. However, I had to sell to simplify life. At the time, I was
Why I Sold My Rental Home: Had To Live For Today Read More »
Let’s take a look at what a real estate crowdfunding loss looks like. When you invest in real estate crowdfunding, you have to expect there will be losses given there are no guarantees. I recently published The Worst Landlord Horror Story Ever, a story about a reader who bought a Las Vegas residential property several years
What A Potential Real Estate Crowdfunding Loss Looks Like Read More »
Lifestyle deflation is what happens when you are overly frugal. Frugality is often praised as a key element to achieving financial independence. Frugality is one of the hallmarks of the FIRE movement I help pioneer in 2009. However, it’s easy to take frugality too far. I’m frugal to a fault. For 13 years after college,
Stop Frugality From Leading To Lifestyle Deflation Read More »
Everybody needs to have a blog. Successful personal finance bloggers will agree. I was eating dinner at my local Indian joint when a late 20s couple sat at the table right next to me. The guy, a new pharmacy graduate from UCSF was with a female pharmacy student. He was buttering her up with praise about how
Are Personal Finance Bloggers Some Of The Sexiest People On Earth? Read More »
With the uptick in racist incidences in America during and after the pandemic, I wanted to share on racist incident I well never forget back in Virginia (VA). Let us stand up to racism every day and share our experiences. The more we can share, the more people can understand. And the more we understand
Silent Threats In The Night: A Forgotten Memory Until Charlottesville Read More »
