When you’re young, you spend time accumulating wealth. When you’re old, you should spend time protecting wealth. Building a CD step stool to protect a portion of your wealth is a smart way to go. A CD step stool is when you buy CDs or Treasury bonds with only up to two-year durations. Multi-millionaires go […]
Build A CD Step Stool, Not A CD Ladder In A Flattening Yield Curve Environment Read More »
If you want to save money on car maintenance, never go to the car dealer for service. A car dealership is the most expensive way to service your car. Their hourly rates are much higher than an independent auto shop. The other day, Moose’s battery light went on. Unlike the three other yellow error lights
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Good news! It just got a little bit easier for everyone 40 and under to become 401(k) millionaires by the time you turn 60. The maximum 401(k) contribution limit for 2021 is $19,500, the same from 2020. Meanwhile, the combined employer and employee contribution limit rises by $1,000 to $58,000. In other words, your employer
The Maximum 401(k) Contribution Limit For 2021 Read More »
There are many benefits of being short I’d like to discuss in this post. I firmly believe being tall is overrated. Unless you are a basketball player, volleyball player, wide receiver, or tennis player, there’s not much benefit to being tall. I’m 5’10”, the average height in America. If I played in the NBA, I’d
Paying For Height Is A Waste Of Money: The Many Benefits Of Being Short Read More »
When I was in high school, I got in a lot of trouble with the law. I was also suspended once for fighting. As a result, I often wondered if anybody would ever give me a chance at life. Because I ended up receiving multiple chances despite my screw ups, I’ve learned to be more
Don’t Ever Give Up: Surviving 10 Years Of Prison Read More »
The first day of preschool was tough. Not so much for our boy, but for my wife and me. My immediate thought was, so this is where creativity comes to die. My wife and I spent three hours a day with him for the first week to help with the transitioning process. During this time,
Why Preschool Is Worth Every Penny And More! Read More »
As a frugal person and a personal finance writer, I love saving money. But there are smart ways to save money and stupid ones. I’ve put together a collection of stupid things people do to save money in this post for your entertainment. In addition, I hope you can learn from these examples to better
The Stupid Things People Do To Save Money Read More »
After a brutal sell-off in March 2020 and the correction in early 2022, we should really ask ourselves: Do we really own any of our wealth? When trillions of dollars of wealth can disappear in a matter of days, maybe not. Now that the stock market has rebounded, it really is time to spend more
Do We Really Own Any Of Our Wealth? Or Are We Just Custodians? Read More »
Well now, it looks like some people weren’t very happy with my defense of people who like to eat out to win business or order food delivery to save time and their marriages. I’m not sure whether the true anger lies in going against the food preparing norm or highlighting the truth about how we
The Healthiest Foods To Make You Fit And Rich Read More »
If there’s one recommendation I can confidently give to you all, it’s that you should never risk your life for money! You can always make more money, but you can never resurrect someone from the dead! The logic is similar to why I think it’s better to retire early than to retire rich. Time is
Never Risk Your Life For Money: A Beijing Abduction Adventure Read More »
