Everybody should have a net worth target to shoot for by age, work experience, and income. Net worth targets will help you stick to your financial plan and motivate you to do more. With net worth targets, you will likely build way more wealth than if you had zero net worth targets. Too many people […]
Net Worth Targets By Age, Income, And Work Experience For Financial Freedom Seekers Read More »
An Income Sharing Agreement, or ISA, is an alternative way for students to pay for university. Traditionally, students take out loans and take all the risk. If a student graduates from college with no job or a low-paying job, a university isn’t going to make up the difference. This asymmetric risk profile is one of
Edly Review: A Way To Invest In Income Sharing Agreements (ISAs) Read More »
The best area to buy property in San Francisco is Golden Gate Heights followed by Forest Hill. For lifestyle and price appreciation potential, Golden Gate Heights is number one. Golden Gate Heights is a quiet neighborhood on the west side of San Francisco, which is a vibrant, safe, and growing area that is attracting families
The Best Area To Buy Property In San Francisco (Or Any Major City) Today Read More »
According to the U.S. Census Bureau’s Income and Poverty Report In The United States, real median household income data reached all-time highs in 2022 at $76,330. However, it declined by 2.3% to $74,580 in the latest report released in 2H 2023. For 2025, the real median household income is about $80,000. Wonderful! In the prior
Real Median Household Income By Race Reaches Record Highs For All! Read More »
The home remodeling industry is booming because everybody is spending more time at home. In addition, with all the chaos and uncertainty under the new administration, the desire to own real assets that generate income and provide utility has also gone up. The housing market will likely stay robust for years to come as a
Why Home Remodeling Always Takes Longer And Costs More Than Expected Read More »
In March 2020, we pulled our son from preschool. We ended up homeschooling him until August 25, 2021, or for 18 months. He’s now attending a language immersion school and so is our daughter. Our experience has taught us that homeschooling can be incredibly beneficial. It is more efficient and can provided customized learning for
Homeschooling And The Decision To Teach Our Own Children Read More »
The US government has blessed us with the ability to deduct our mortgage interest expense from our income. This thereby enables us to lower our tax liability. The maximum mortgage tax deduction ultimately depends on income, which I’ll get into below. Although you could deduct mortgage interest on up to $1 million in mortgage indebtedness
The Maximum Mortgage Tax Deduction Depends On Income Read More »
The median homebuyer age in America is getting older and older each year. Higher home prices and higher mortgage rates are pushing the median homebuyer age up. The median age of first-time homebuyers is now 35. This is the oldest age on record dating back to 1981, according to the National Association of Realtors. Back
The Median Homebuyer Age Is Getting Older: We Better Live Longer! Read More »
生き甲斐, pronounced ikigai, is a Japanese concept that means “reason for being.” In other words, what makes you get up in the morning without an alarm clock because you’re so damn excited?! Ikigai is at the heart of Financial Samurai, this personal finance site I created in 2009 to hep people achieve financial freedom sooner
Ikigai Is Why You Shouldn’t Be Afraid Of Retirement Read More »
If you want a better life, you should strive to be in the top one percent of something, perhaps anything really. By being in the top one percent of something, it shows that you’ve achieved mastery. When you achieve mastery, you gain confidence that will help you be successful in many other endeavors. You know
For A Better Life, Be The One Percent In Something, ANYTHING Read More »
