If you want another reason why having a high net worth is better than having a high income, all you’ve got to do is look at who gets stimulus checks from the new CARES Act. That’s right. There are millionaires getting coronavirus stimulus checks. If your latest tax return shows an adjusted gross income of […]
How Millionaires Will Spend Their Coronavirus Stimulus Checks Read More »
If you want to achieve financial independence, you need to get your housing expenses under control. This article will provide a housing expense guideline to help you achieve financial freedom sooner, rather than later. Financial Samurai began in 2009 and is one of the top independently-owned personal finance sites today with over 1 million visitors
Housing Expense Guideline For Financial Independence Read More »
Do you want to retire early with your spouse? If so, this post will discuss achieving the two spouse early retirement household versus only one spouse retiring early. After all, we often call one spouse retiring early as being a stay at home parent. I firmly believe it’s better for both partners to retire early
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Phew! It feels so good to have survived the first quarter of 2020! With the global pandemic raging on and the return of the big bad bear, March surely had to be one of the longest months of our lives. What started off as a banner quarter with solid investment gains and record high online
1Q2020 Financial Samurai Review: A Brutal, But Beautiful Quarter Read More »
Ever wonder how much money do the top income earners make? Once you know how much the top income earners make, then you can better shoot to be a top income earner yourself. After all, everything is relative when it comes to money. You’re not rich making $500,000 a year when everybody else is making
How Much Money Do The Top Income Earners Make? Read More »
If you want more money, one of the most important things is believing you deserve to have more money. There are trillions of dollars out there for the taking. Why shouldn’t you enjoy some of the world’s prosperity as an honest, diligent, and talented individual as well? I began developing my money mindset after reading countless stories
Want More Money? Ask Yourself This One Question Read More »
The median 401(k) retirement balance is low. With such low median 401(k) retirement balances by generation, it may be harder for a large swatch of Americans to retire comfortably. This post interviews various people with low 401(k) balances who explain why their 401(k) balances are so low. You likely won’t be able to live off
Explaining Why The Median 401(k) Retirement Balance By Age Is Dangerously Low Read More »
Let’s look at the only reasons to ever contribute a Roth IRA in this post. A Roth IRA is a tax-advantaged retirement account where you contribute post-tax contributions. The contributions get to grow tax-free and the withdrawals are tax-free too. If you can contribute to a Roth IRA, then doing so is a way to
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Are you a little befuddled that with every record-breaking unemployment claim, the S&P 500 surges higher? After 6.6 million jobless claims on April 9, 2020 and even more the first week of May, the total number of jobless claims in 2020 stands at roughly 30 million or almost 20 percent of the working population. Even
Maximum Unemployment For Maximum Stock Market Returns Read More »
Besides the purchase price of a car, one must also calculate the potential maintenance cost, and auto insurance cost to determine affordability. We often focus on the first two costs. But, seldom do we realize the auto insurance cost differential until we’ve purchased the car! Back in 2012, I was so happy to negotiate $2,000
Auto Insurance Basics And Recommendations For Everyone Read More »
