Winter is the best time of the year to buy a house. I’ve checked out open houses every weekend since 2003. I’ve also bought and sold multiple properties since 2003 as well. The best time of the year to buy a house is when the weather is terrible and people are on holidays. During the […]
Winter Is The Best Time Of The Year To Buy A House Read More »
We’ve all heard of trophy husbands and trophy wives. But what on earth is a trophy kid? Here’s how one expecting parent explained the term trophy kids to me at the playground one day. A trophy kid is what’s known as the 4th kid or greater in a family. Because raising kids is so expensive,
Trophy Husbands, Trophy Wives, And Now Trophy Kids Oh My! Read More »
I will make an argument why you need to start your own website today. I’ve had my own website, Financial Samurai, since 2009. It has been the best financial investment I’ve ever made. In a post pandemic world, you should own a website that can never be shut down. If you can keep spreading your
Why You Need To Start Your Own Website Today Read More »
Ranking The Best Passive Income Investments helps you strategize on developing retirement income. Over the years, the rankings have changed because economic situations have changed. In this post, I’ll be ranking debt types from worst to best. When used appropriately, debt can help provide for a better life and make us wealthier. When used inappropriately, however, debt
Ranking Debt Types From Worst To Best Read More »
Risk tolerance is a funny thing. Most people think they have a higher risk tolerance than they really do. But the reality is, only when you are losing a lot of money do you finally realize what your risk tolerance truly is. I’d like to think that I’d be able to stay the course and
Your Risk Tolerance Is An Illusion: Wait Until You Start Losing Big Money Read More »
Millions of people are quitting their jobs today in order to find more meaning with their one and only life. There are two things everyone should do before leaving your job: 1) Negotiate a severance package and 2) refinance your mortgage. If you do both, you are going to significantly improve your finances in the
Refinance Your Mortgage BEFORE Leaving Your Job Please Read More »
Wondering how much to contribute to a 529 plan? This article provides a proper framework for 529 plan contributions by age. The idea is to contribute enough so that the 529 plan can comfortable cover most, if not all of your child’s college expenses when the time comes. For background, I am a father of
Determining How Much To Contribute To A 529 Plan: Too Much No Good! Read More »
Here are some sad stories about lending money and not getting paid back. In general, I am against lending money to people you care about. These include lending money to friends and family. Don’t do it unless it’s a life or death situation. Give the money instead. Lending money to friends, family, and strangers is
Sad Stories About Lending Money And Not Getting Paid Back Read More »
A detailed rental lease agreement is imperative for both landlords and renters alike to minimize headaches down the road. The more thorough the lease to account for any issues that may arise, the better. I’ve spent the past 21 years refining my residential lease agreement based on all past experiences. Feel free to run it by a
Good Rental Lease Agreement Example For Landlords Read More »
With people spending more time at home, there is a remodeling boom. We want to make our homes as great as possible. Therefore, a common question for homeowners now is: How much should you spend remodeling a house for maximum profit? You don’t want to overspend on remodeling and not recover its original cost. You
How Much Should You Spend Remodeling A House For Max Profit? Read More »
