I met up with a friend of mine the other day for a function. He rolled up in a new Lexus IS350 that costs about $43,000 out the door. Immediately, I was envious of his wheels given I just drive a $20,000 Honda Fit named Rhino. My thoughts of doing the economical thing of buying […]
Your Friends Really Do Influence Your Spending Habits Read More »
It’s always a good idea to make more money. If you can make more money by doing nothing, all the better! The key way to make money doing nothing is to invest. Even if your investments don’t appreciate in value, they will spit out passive income if you invest in the right assets. But let
How To Make More Money By Doing Nothing Read More »
This post shares some career advice for women from female CEOs. Women are underrepresented in leadership positions. Therefore, I think it’s great to support more women in climbing up the corporate ranks. You might be surprised to know that Financial Samurai’s CEO is a woman. My wife! She’s been the CEO since I started this
Career Advice For Women From Female CEOs Read More »
Edward Wolff, a professor of economics at NYU put together a really shocking median net worth chart over time in 2013 dollars I wanted to share with everybody. The data highlights the median net worth four years after the 2009 global financial crisis. The main takeaways are: 1) The median net worth of middle class
The Median Net Worth Of US Households Over Time Has Gone Nowhere Read More »
As a parent, there’s nothing more rewarding than helping your kids. They’re born into this world completely helpless and need you to grow and thrive. It’s a parent’s duty to help, love, and support. But, what about helping distant relatives, friends, or even complete strangers? Do you feel it’s our duty to help if we
Do You Feel It’s Our Duty To Help If We Can? Read More »
One of my readers on The Spending / Savings Balance post asked why I should feel bad spending money on remodeling my house when it should be considered an investment, so long as I don’t go over board. The truth is that when I was cutting multi-thousand dollar checks every week, I was telling myself
Be Careful Justifying Your Spending As An Investment Read More »
This post will look at the average FICO credit score for approved and denied mortgage loans over time. Since the global financial crisis in 2008, the average FICO credit score for approved mortgages has gone up. The real estate market is ever changing. Low mortgage rates help increase demand while rising rates can soften buyers
The Average FICO Credit Score For Approved And Denied Mortgage Loans Read More »
Balance is one of the keys to greater happiness. But, when it comes to money it can be hard to find the right balance between spending vs savings. We are constantly bombarded by marketing campaigns and ads tempting us to spend, spend, and spend some more. Perhaps there is a natural spending vs savings balance
Is There A Natural Spending Vs Savings Balance? Read More »
When I got my speeding ticket for going 35 mph in a 25 mph zone, all my friends laughed and jibed. “Are you sure Moose can even go 35 mph in two blocks?” (Moose was a slow, 14 year old Land Rover Discovery) “How the hell can you speed during rush hour traffic at 6:45pm?
How To Not Get Pulled Over For A Traffic Ticket: Race And Sex Matter! Read More »
In “How To Improve Your Credit Score to 800+” I shared with you five steps to take in order to enter the exclusive 800 Credit Score Club filled with beautiful people, gummy bears, and free massages. It’s good enough to get the most amount of credit at the cheapest rate, but to be elevated to
What Doesn’t Affect Your Credit Score? Dispelling Common Misconceptions Read More »
