SoFi started in 2011 and is a lending company that recently surpassed $15B in funded loans as of 2017. They have 225,000+ customers, 240 employees and have raised $1.9 B in equity funding after raising $500M led by Silver Lake in February 2017. Here is my SoFi review. The company was founded by Mike Cagney, Dan […]
SoFi Review: Social Lending For Student Loans, Mortgages, Personal Loans Read More »
It’s normal to dream about being rich. But the real question is whether you want to be rich or do you want to be free? Personally, I chose freedom in 2012 at the age of 34. That’s why I walked away from a multiple six-figure job in finance. Some people want mega riches. Others don’t
Do You Want To Be Rich Or Do You Want To Be Free? Read More »
I believe everybody needs a money coach in some form or another. Your money coach can be your spouse, parent, best friend, sibling, or mentor. He or she just needs to be a little bit more experienced and financially savvier than you. If not, she needs to at least be a good listener so they can reflect
What’s A Money Coaching Experience Like? Read More »
I’ve got a confession. I have a money addiction. My money addiction is partially why I started Financial Samurai in 2009 and have written 2,500+ posts since. I wanted money then, and despite reaching FIRE in 2012, I still want money now to take care of my family. However, I’m doing my best to try
How To Overcome Money Addiction: A Never Ending Struggle Read More »
Americans seem financially unprepared. According to an American Psychological Association survey, 72% of Americans say they’ve felt stressed about money at some point in the last month. Meanwhile, as many as 50% were so stressed out they admitted to not being able to sleep. Is that you? Hope not, because this is Financial Samurai! If
Are Americans Really So Financially Unprepared? Read More »
Since writing, The Dark Side Of Early Retirement, I’ve sometimes wondered whether writing about early retirement hurts society and the very people who decide to leave the work force early. Being able to do what you want when you want sounds great. But is it healthy? Let’s look at all the reasons not to retire
Rejecting Reasons Not To Retire Early And Live Your Dreams Read More »
I remember going to Airbnb’s Friday afternoon happy hour back in 2012. My college buddy’s wife worked as an assistant chef and invited me over. The office wasn’t very large and Joe Gebbia, one of the founders, was horsing around with a wig held together by a white headband. After speaking to Joe for about
After Five Years Of Unemployment, I Finally Found A Dream Job! Read More »
Ignorance is bliss. But, goofing up on your taxes can be costly. Let’s go through the main reasons to do and not to do your own taxes. When you don’t know your boss is getting a huge bonus for saving the firm money by screwing your bonus, you’re happy. When you don’t know the reason
The Main Reasons To Do And Not To Do Your Own Taxes Read More »
The rich get rich by buying appreciating assets like stocks, bonds, real estate, and fine art. They have very diversified investment portfolios. The people who don’t get rich spend their money on depreciating assets. They buy cars they can’t comfortably afford instead of using my 1/10th rule for car buying. And, they waste money on
How To Cheaply Build A Diversified Investment Portfolio If You Don’t Have Much Money Read More »
Millennials tend to get a bad reputation for work ethic, money management, and common sense. The term quiet quitting was invented by Millennials during the pandemic as a way to not work more. But perhaps this is not fair as every older generation tends to bag on younger generations. However, if you’ve gotten a sense
No Wonder Why Millennials Don’t Give A Damn About Money! Read More »
