I love people who are loyal. They stick with you through good times and bad. Unfortunately, when it comes to business, loyalty is dead. Firms will spit you out at a moment’s notice. Banks just move on to the next win once they’ve got you as a customer. This is why you shouldn’t be afraid […]
Loyalty Is Dead: Transfer Your Capital For Free Cash And Great Rewards Read More »
If you want to start your marriage right, then following these wedding spending rules so you don’t end up broke and alone. Given roughly half of marriages eventually end in a divorce and wedding ceremonies last for at most 12 hours in America, it’s wise to spend as little as possible on a wedding just
Wedding Spending Rules To Follow If You Don’t Want To End Up Broke And Alone Read More »
Now is the most exciting time for job hoppers everywhere. The economy is rebounding. The light is at the end of the tunnel for when the pandemic will end. I’m convinced we’ll see more employee turnover across all industries than over the past two years combined. There are people itching to leave their firms for better opportunities
The Most Important Tip For Job Hoppers: Join People, Not Firms Read More »
I originally wrote this post on October 3, 2009, right in the heart of the global financial crisis. Ultimately, I was telling myself to buy more rental property. If there’s one thing I know I will regret 15 years from now, it’s that I did not buy more rental property. When my kids become adults,
Note To Self: Buy More Rental Property! Read More »
Recessions tend to hit every 7-10 years. We had a massive recession in 2008-2009. We’ve had another unforeseen recession in 2020, and then a bear market in 2022. Therefore, let me share some thoughts on buying property ahead of a potential recession. There is a decent probability we will end up in a recession over
Thoughts On Buying Property Ahead Of A Potential Recession Read More »
Your sphere of influence is what will help propel you to financial independence. Make sure you nourish it. My first understanding of the power of influence came as a 21 year old at 1 New York Plaza, New York City. During a job interview with a sales trader at Goldman Sachs, I remember him telling
Develop Your Sphere Of Influence To Achieve Financial Independence Read More »
According to the Kaiser Family Foundation, the average cost of family health insurance offered by companies is now a whopping $20,576 a year, or $1,714.66 a month. Employers paid for 71% of that cost on average. Meanwhile, the average premium for single workers was $7,188 a year, or $599 a month. Employers covered 83% of
The Average Cost Of Family Health Insurance Is Now Outrageously High Read More »
If you have a baby or toddler or are planning to have a baby, this post is for you. I’ve been running an interesting, real-life, real-time experiment on how hard it is to get ahead if you have below-average money and little status. In 2017, we ended up applying to three preschools that accepted toddlers
The Importance Of Money And Status For Getting Into Private School Read More »
There’s an old saying in real estate, “Money is made on the purchase, not on the sale.” In this post, I’ll explain what money is made on the purchase means and why it’s so true. Getting a great deal on a real estate purchase is very important. And there are so many things we can
In Real Estate, Money Is Made On The Purchase, Not On The Sale Read More »
Do you want to retire early with kids? I’m sorry, but it is nearly an impossible task. As a father of two children now, I look back and feel like retiring early without kids was a walk in the park in comparison. Retiring early with kids is at least three times harder than retiring without
How To Retire Early With Kids: A Nearly Impossible Task Read More »
