Income taxes can hinder wealth creation. Fortunately, for Americans seeking to save on taxes, there are nine states without income tax where we can choose to reside. These states are listed below in alphabetical order. Of the list, we need to find the best no-income-tax states to work and get rich. Ideally, you’ll secure a […]
The Best No-Income-Tax States To Work And Get Rich Read More »
Understanding the fundamentals of personal finance is pivotal for kids to successfully launch into the world of adulting. Money skills are necessary to navigate effectively through everything from life’s humdrum day-to-day tasks to its elaborate complexities. Yet what surprises me is that most schools are still not required to teach financial literacy to students. Due
Raising Money-Smart Kids: A Guide To Teaching Personal Finance Read More »
One of my ongoing challenges as a writer is explaining financial concepts in an easy-to-understand manner. With ann MBA from Berkeley and 13 years in banking at Goldman Sachs and Credit Suisse, financial concepts come naturally to me. Despite writing over 2,500 personal finance articles since 2009 on Financial Samurai, however, some concepts still get
Navigating Retirement: Dynamic Safe Withdrawal Rates In Action Read More »
On August 7, 2023, I received an email from Amy X. Wang, the assistant editor at the New York Times Magazine, inquiring about the modern-day FIRE movement and its Fat FIRE offshoot. Amy is a self-proclaimed FIRE enthusiast who has worked side hustles to earn extra money and utilized rewards points to save. As one
Behind The Headlines: My Experience Working With The New York Times Read More »
In 2023, my passive income took a significant $150,000 hit, representing a decrease of 39%, following the purchase of a new house we didn’t really need. It was funded by proceeds from selling public stocks and bonds. The decision to buy the house with cash was agonizing, as we didn’t need a nicer home. It
Why Earning Less Passive Income Has Changed My Life For The Better Read More »
Understanding how home prices fluctuate over time is one of the most intriguing insights gleaned from my post on the reasons behind property bidding wars. Learning how prices change will empower you to make more informed purchases in the future. I contend that timing the housing market is comparatively simpler than timing the stock market,
Analyzing Home Price Dynamics: A Guide To Smarter Purchases Read More »
Well folks, as anticipated, bidding wars are back with a vengeance, at least here in San Francisco. With so much tech wealth created in 2023 and 2024, the San Francisco real estate market in 2025 will likely be strong. If I were a real estate agent, I would never encourage my clients to engage in
Understanding Why People Get Into Property Bidding Wars Read More »
Despite my extensive experience of 13 years working in international equities, living abroad for the same duration, and visiting approximately 60 countries, I don’t allocate much of my investments to international stocks. I believe the risk outweighs the potential reward, especially when there are already numerous lucrative investment opportunities available in the United States. If
Investing In International Stocks Is Unnecessary, Here’s Why Read More »
I recently caught up with Ben Miller, CEO of Fundrise in person, about their venture product’s latest investments in private AI (artificial intelligence) companies. With OpenAI closing a new round of funding valuing the company at ~$750 billion, after just raising money at a $154 billion valuation in the first half of 2025, the AI
Invest In Private AI Companies Without Connections Or Big Money Read More »
My life has been filled with rejections, and I’ve finally come to embrace rejection as a natural part of life. To me, being rejected is akin to the urgent need to visit the bathroom after indulging in too much Taco Bell. The discomfort is undeniable at first as your stomach sours from the inside out.
Embrace Rejection! How Getting Denied Saves Us Over $50,000 Read More »
