Do you have a financial plan? Apparently, most people don’t according to an old friend who has spoken to thousands of retail banking clients over the past 15 years. Not only has he spoken to thousands of people about their finances, he’s also seen thousands of banking statements as well. Frank is a regional branch […]
Develop A Financial Plan For Your Life Already Read More »
Damn. My $1.2M real estate offer for the $899,000 Golden Gate Heights fixer did not win! Time to cry in a bucket of coffee ice cream with sprinkles on top. Let me share with you a failed real estate offer I made a while back. With the housing market very strong post-pandemic, you will likely have a
Spraying, Praying, And Missing! Analyzing A Failed Real Estate Offer Read More »
One of the side effects of reading a personal finance site is that you might end up getting a lot of anxiety, or FOMO, as the younger generation likes to call it. You read how much some folks are saving, how much they are making, and how early they’ve retired and fear you’re not doing enough!
Suck It Up Already! Suffering Is A Rite Of Passage Read More »
Here is a list of accelerators, incubators, and fellowships for startup entrepreneurs. Starting a startup is tough. You will likely not succeed. But it’s always good to try! Maybe it’s destiny, but I just read an insightful article in The New York Times about entrepreneurship everyone who feels they are too old to start something should
A List Of Accelerators, Incubators, And Fellowships For Startup Entrepreneurs Read More »
Do you love money or wonder why some people do? Loving money is not a bad thing. It can actually help set you free, which I’ll discuss below. Despite my failed attempt to ascertain whether some people are just born with a frugal gene and thereby able to amass much greater wealth than the average person,
It’s OK To Love Money: Money Is Not Evil Read More »
Do frugal people have an unfair competitive advantage when it comes to accumulating a prodigious amount of wealth because they were just born that way? I’m beginning to wonder based on two things that happened recently. 1) Homejoy, a three year old housecleaning startup, decided to close its doors after raising about $40 million in
The Unfair Competitive Advantage Of The Wealthy: Being Genetically Frugal Read More »
Your goal as a homeowner is to enjoy your home and minimize costs as much as possible. If you can convince the property assessor that you live in a dump, then all the better! Unfortunately, in a rising property price environment, minimizing cost becomes much more difficult due to rising property taxes. When things are going
The Property Assessor Always Wins In A Bull Market – Filing An Appeal Is Useless Read More »
Everybody wants to be rich. At least, everybody wants to feel rich. However, there are some things money can’t buy. And one of those things is a USTA 5.0 tennis rating. For all you personal finance and tennis fans out there, this post discusses one man’s rise to 5.0 in 2015 from 4.0 in 2008.
Some Things Money Can’t Buy – How About A USTA 5.0 Tennis Rating Read More »
Sometimes P2P borrowers stop paying. Then what? I’ve been an investor with Prosper, a peer-to-peer (P2P) lending company since 2012. I usually check my account once a quarter to view my performance and to re-invest cash that has come in from borrower payments. Per my latest passive income update, the annualized return of all of the notes in
What Happens When A P2P Borrower Stops Paying? Read More »
When we’re young, we have this idealist image of the way the world should be. Then we enter the work force, get beaten down by the system, and fork over a good amount of our earnings to the government. Suddenly, we’re no longer as much about helping other people or higher taxes anymore. Instead, we’re
It’s Virtually Impossible To Escape The Allure Of Money Read More »
