Seeking approval is what so many of us want from our parents. Unfortunately, I never got much approval from my father growing up. Instead of being encouraging, he was often critical. Even to this day as a 44-year-old adult, he is a critical father of my work. Due to the criticism my father constantly gives […]
Seeking Approval From A Critical Father Read More »
Happy New Year! Time always moves faster the older we get. One day I’ll lose my mind and hopefully these journal entries will jog my memory. I’ve put together this 2013 year in review to take a quick look back at what I did well on and where I failed. Although less than 20% of
2013 Personal Year In Review On Financial Samurai Read More »
Here are the top Financial Samurai articles of 2013. 2013 was a great year because it was the first full year after I left my day job in finance for good. I’m updating this post eight years later in 2021 to see how far I’ve come. 2013 Was A Productive Year I’m always curious to
The Top Financial Samurai Articles Of 2013 Read More »
I have a habit of rejecting expensive Christmas gifts. Even with revenge spending becoming a trend post pandemic, it’s still hard for me to accept expensive Christmas gifts. I’ve got a habit that drives a close friend nuts. She always buys me an assortment of Christmas presents every year, and every year I end up
Rejecting Expensive Christmas Gifts: Admirable or Insulting? Read More »
The average inheritance amounts by country vary widely. But they are good stats to know to understand why some citizens seemingly have more generational wealth than others. Average Inheritance Amounts By Country Below are the average inheritance amounts by country. Although the United States is the wealthiest country in the world, it does not have
Average Inheritance Amounts By Country: Have You Had The Talk With Your Parents Yet? Read More »
The following is a guest post by reader Dave Scott who shares his experience of taking care of elderly family, specifically, his 97 year old grandmother. I’m thoroughly impressed with Dave’s sense of duty and attitude throughout this entire article. You can tell he feels it’s an honor to take care of his grandmother and
Taking Care Of A Elderly Family Member’s Health And Finances Read More »
If you have a top 1% net worth, you’re rich. Good for you. The question is: why do the rich hoard so much cash? If you also have a top 1% income, there is no need to have such a big savings balance. The rich are bullish on the economy just like the investing middle
Why Do The Rich Hoard So Much Cash? Read More »
There is a void in early retirement you might experience. This void in early retirement needs to be filled if you want to feel happy and productive. Over the past one and a half years since leaving Corporate America in 2012, I’ve done some deep thinking about early retirement through posts such as: When you’re
Filling The Void In Early Retirement With Part-Time Work Read More »
The definition of cash used to simply be coins and paper currency. Then the definition of cash spread to checks, money orders, and even credit with the rise of financial institutions agreeing to hold your money for an agreed upon interest rate. Banks and credit unions make money by making a spread on deposits. They
The Definition Of Cash Keeps On Expanding Read More »
At least once a year, you need to do an asset allocation review. An asset allocation review will help make sure you have the proper risk exposure. In a bull market, the wealthy get way more wealthy than the average person. Even if your $300,000 portfolio is up 30% to $390,000 this year, that’s nothing
Asset Allocation Review – How Much Richer Do You Feel In This Bull Market? Read More »
