Do you ever feel you have to donate to your college alma mater? It seems like every quarter, you get an e-mail from your alma mater asking for money. It sometimes feels weird because some colleges have massive endowments. For example, Yale University’s endowment is more than $30 billion! Recently I was contacted by an […]
Donate To Your College Alma Mater Or No? How To Make A Decision Read More »
This post is dedicated to those who refuse to welch on their mortgage debt, even if they bought at the wrong time or got into a high interest rate mortgage that cannot be refinanced. I know your pain and frustration. I’ve got a confession. I’ve been reluctant to pay down my 4.25%, 30-year fixed vacation property
The Key To Paying Down A Bad Mortgage Quicker Read More »
If you want to increase your happiness, you must change your perspective. Let me share with you a simple example of how a change in perspective immediately boosted my happiness. When an ambulance zooms by, sirens blazing, do you feel happy or sad? For the longest time, I felt sad. I’d imagine someone convulsing on
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Reasons Not To Buy A House From A Millionaire Investor, is a guest post by Kristy from Millennial-Revolution.com. Kristy and her husband have been all over the Canadian news recently for denouncing homeownership. They considered buying a Toronto property in their late 20s when they realized they couldn’t get anything nice for ~$500,000. Instead of buying,
Reasons Not To Buy A House From A Millionaire Investor Read More »
Every single startup’s dream is to get acquired or go public for big bucks. However, there is a downside for a startup getting acquired as well. Mainly capped upside and employees getting screwed. In the fintech world, the startup acquirers are the large financial institutions like Fidelity, BlackRock, JP Morgan, and Bank of America with billions
The Downside For A Startup Getting Acquired Read More »
If you want to achieve financial independence, focus on building net worth even more than growing income. A big net worth gives you more flexibility. You are also taxed at a lower rate. A high income is great. But W2 income is taxed at the highest rates. Instead, you want to generate as much investment
Focus On Building Net Worth Even More Than Growing Income Read More »
Love your colleagues. If you love your colleagues, you will get paid and promote faster. Everyday, we are inundated with e-mails. I personally get over 300 a day, and other colleagues I’ve heard get 500. Despite many of the e-mails being largely irrelevant, or impersonal given the blast distribution trend, it’s worth responding every once
Love Your Colleagues Thirty Minutes A Week Read More »
Are you wondering how to make people happy all of the time? I’m not sure that’s a wise endeavor, but let’s see if we can try. When I was ruminating on whether or not to go back to work after two years of absolute freedom, my friends all thought I was crazy. “What if your
How To Make People Happy All Of The Time Read More »
When I left my job in early 2012, I made it a goal to achieve a $200,000 annual passive income figure by June 2015. At the time, I had around $80,000 in annual passive income and figured why not shoot for $200,000 in order to never have to go back to work again. In those days, 4% interest rates
A Long Road Home: Financial Samurai Passive Income Update 2017 Read More »
Consumer debt is bad. Please don’t accumulate credit card debt and other debt if you want to achieve financial freedom. During the depths of the financial crisis, one of the proposals I sent to the Obama administration was to institute spending curbs based on high school or college grade point averages. It didn’t matter whether
Should We Still Be Spending Money And Having Fun While Deep In Consumer Debt? Read More »
