Every now and again, I stumble across something that makes me wonder, “Are you a financial dumb ass?” Someone forwarded me a post from a year ago where a PF blogger spent $60,000 on a luxury car right after revealing his net worth was only $55,000! He clearly violated my 1/10th rule for car buying everyone […]
Are You A Financial Dumb Ass? Be Honest With Yourself To Get Rich Read More »
Years ago, I once knew someone who was unhappy with her husband. Let’s call her Nancy. To fill her void, Nancy went on dates with various men while her husband stayed late at work. At the cafeteria one day, Nancy mentioned she was falling in love with one of her men named Jack. Jack was handsome, single, charming, and
Why Tough Love Is Important When It Comes To Your Finances 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 »
In America, we are truly blessed with opportunity to help us chart our own course and grasp success as much as we desire it. Services provided by financial institutions are one of the things that we as American citizens have easy access to, allowing us to utilize financing and credit to further our goals in
Kiva Loans: Alleviating Poverty Using Microfinance Read More »
I’ve been doing my own taxes for over 10 years. I didn’t do them when I first graduated college in 1999 because I didn’t know how. Further, DIY tax software wasn’t as easy to use as it is now. But after paying some accountant over $500 to do my taxes one too many years, I
Doing Your Own Taxes Might Make You Change Your Life Read More »
Ok, I’m back from my 28-hour break! Thanks to so many for encouraging me to continue. Boy did it feel amazing to unwind after publishing my post on shutting this site down. Just the act of not responding to a single comment allowed me to recharge my empty battery by a couple percent. I’m feeling like
Don’t Forget To Look Up Sometimes Read More »
Back at my parents’ home in Honolulu one afternoon, my father asked me, “Are you sure you’re just consulting 25 hours a week? Because it sure seems like a full time job!” “Of course I’m sure Dad,” I retorted. But before I knew it, the sun had already set. Another day in paradise, gone. I
Shutting Down For Now: Financial Samurai Is Taking A Break Read More »
China is one of the wealthiest countries in the world. With over 1 billion mainland Chinese, it is an inevitability that China will become the richest country in the world one day. Here’s a look at how to profit from the wealthy mainland Chinese as they look to buy more foreign assets and diversify. Mainland
How To Profit From The Wealthy Mainland Chinese Read More »
Being taken for granted sucks. Let’s how to stop being taken for granted by your spouse once you guys have gotten rich. Next time you go out to eat, notice who digs in first, who refrains until others have their share, and who decides to serve others before eating. The person you want to marry
How To Stop Being Taken For Granted By Your Spouse Once You’re Rich Read More »
In order to achieve financial freedom, you must build your financial nut as large as possible. Once you have a larger enough financial nut, it will be able to generate enough passive income to cover your living expenses. This is the true definition of financial independence. In some years, your financial nut will return an
Build Your Financial Nut: 401(k) Retirement Contributions Matter Less Over Time Read More »
