Opportunity Zones: The Tax Efficient Investment Of The Future

Opportunity Zones are special investment zones designated to provide tax deferment or tax-free returns depending on the length of the investment. Opportunity Zones are usually more rundown areas that could use some outside capital to boost the environment. When I traveled to China in the early 2000s for business, I frequently explored Special Economic Zones […]

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Win The Small To Conquer The Big: A Life Strategy

Win the small to conquer the big is a strategy to help you succeed at bigger things in life. By winning the small stuff, you will naturally develop more confidence and more skills to tackle new challenges. I recently experienced one of the most satisfying experiences of my life. I’d rank the feeling right up there with getting into

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The Making Of A 529 Child Millionaire: A Necessity Due To Soaring Tuition

Can you imagine having a 529 child millionaire? With the cost of education continuing to skyrocket, creating a 529 child millionaire might be a necessity for parents with children under five nowadays. By the time kids go to college in 15-18 years, it may very well cost $1 million for all four years! With regular

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Become A Mortgage Refinance King Or Addict To Save Money

Be a mortgage refinance king to save money and maximize your returns on your real estate. Whenever interest rates decline, you must take action to refinance and save. Ever since starting Financial Samurai in 2009, there are two things I love about personal finance: 1) Making money and 2) Saving money. Both require effort, which

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Are There Really People Who Only Work 40 Hours A Week Or Less And Complain Why They Can’t Get Ahead?

There have been a number of data points recently that have caught me off guard. Apparently, there are people in this world who actually work 40 hours a week or less and complain why they can’t get ahead! I understand the complaining if you are a student, have a disability, doing heavy manual labor, or

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Don’t Let A Credit Card Rewards Program Change Your Spending Habits

These are the best rewards credit cards today. They have the best cash back credit card rewards and the highest sign-up bonuses. I used to receive a ton of credit card solicitations in the mail until I finally put my address on the do not spam list. Some of the credit card rewards offers really

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Joining Startups Will Probably Make You Poorer Rather Than Richer

Joining startups will likely make you poorer, not richer. Let me explain as someone who has lived in the startup capital of the world, San Francisco, since 2001. I have literally met thousands of people who have joined startups and less than 10% of them got rich. I’m talking a top 1% net worth. Several

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