Trust funds are becoming more popular given the massive amount of wealth the Baby Boomers have created. This post will share everything you wanted to know about trust funds and more! I was speaking to Bob, a 42 year old acquaintance who told me he received a trust fund when he was 35. His parents […]
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The government estimates that roughly 31% of the American workforce are independent contractors / freelancers. Meanwhile, Intuit did a study several years ago saying that 40% of the American workforce, or ~60 million people will be freelancers, contractors and temp works by 2020. Well, it’s 2023 now and more people want to know how to be
How To Become A Rockstar Independent Contractor / Freelancer Read More »
Being a full-time parent is hard. It’s way harder than any day job I’ve ever had. And I worked in the high-pressure world of investment banking fo 13 years. After being a stay at home father since early 2017, I long to take a vacation from parenthood by going back to work. Both kids will
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Not all commercial real estate is being negatively affected by the coronavirus. Some commercial real estate is seeing tremendous demand. This post provides a great overview of how commercial real estate is affected by the coronavirus pandemic. The expert insights come from CrowdStreet. CrowdStreet is one of the leading real estate marketplaces today. It focuses
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There is a dark side of early retirement I want to tell you about. I originally wrote this post in 2011 when I was strongly considering retiring early from banking after 12 years. I was burned out and stopped caring about climbing the corporate ladder or making a lot of money. At the time, I
The Dark Side Of Early Retirement: The Downsides Of Not Working Read More »
The 529 plan is one of the best was to save and invest for your children’s college education. Although you contribute after-tax dollars, your investments get to compound tax free. When used for qualified educational expenses, there are not taxes. Let us dig deep into the recommended 529 plan amounts by age. The appropriate 529
Recommended 529 Plan Amounts By Age: Careful Saving Too Much Read More »
Starting an online business changed my life for the better. I’ve technically been a business operator since 2009, when I started Financial Samurai. Financial Samurai really didn’t make any money for the first two years, but I stuck with it. In this post, I want to share the best reasons to start an online business,
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Once the pandemic is over, I’m sure millions of people are going to gear up to travel as much as possible. One such destination is Asia. I grew up in Asia for 13 years and it is my favorite region of the world to explore. This post goes into the cost of traveling to Asia
The Cost Of Traveling To Asia: Time For Another Business Trip! Read More »
When it comes to real estate, watch out for the illusion of added value. Realtors and sellers have a way of marketing there is more value added since the last purchase of the home than reality. This post highlights the illusion of value of a great property I’ve been tracking in Honolulu, Hawaii since 2014.
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I moved from annual reviews to quarterly reviews this year, but with how quickly April flew by, I just had to write another! April was supposed to be a terrible month based on the downward trajectory we were experiencing in March. It was easy to imagine the S&P 500 heading below 2,000. However, financially, April
Freedom Is Way More Valuable Than Money: Quarantine Edition Review Read More »
