Have you ever had the sinking feeling of falling further behind? Your peers keep charging ahead, but no matter what you do, you can’t keep up. I’ve felt this way before and many are feeling this way no during the pandemic. During my days off from consulting work I tend to schedule other work to […]
That Sinking Feeling Of Falling Further Behind Read More »
As a father now, saving our daughters from bad men and a life of misery is an important responsibility. I originally wrote this post in 2014 in anticipation of having a daughter. In 2019, I actually had a daughter! How is that for manifest destiny. Having a daughter is truly a blessing, which is why
Saving Our Daughters From Bad Men And A Life Of Misery Read More »
The average 401(k) account balance is now over $100,000 thanks to a long bull market since 2009. Even during a global pandemic, risk asset investments are doing well. Investment management firm Vanguard reported the average account balances for 401(k) plan participants reached a record high of $120,650 at year-end 2024. Meanwhile, Fidelity reports that the average
The Average 401(k) Account Balance Breaks $100,000: Here’s How Much To Save By Age Read More »
So you listened to the State Of The Union and heard President Obama muff the pronunciation of MyRA. Was that “My IRA?” Or was that “Myra,” like a woman’s name? I’m going with the latter. There’s an excellent 2,100 word piece entitled, “Will MyRA Solve The Retirement Crisis?” on Daily Capital you may want to check
MyRA Won’t Help The Retirement Savings Crisis Read More »
The following is a guest post by Colleen Kong-Savage, an illustrator and writer who lives in Manhattan. She shares with us the difficulties of finding employment after a divorce and being out of the workforce for almost 10 years to raise her son. Some people are good at making money. Others are not. I am
Learning To Do The Hustle: One Freelancer’s Search For Meaningful Work Read More »
The only reality is the one you know, which is why it’s odd for someone to ever say you’re “out of touch with reality.” To do so would imply your reality is superior to another’s reality, which is arrogant. But many people have commented I’m out of touch with reality over the years because of
Being Out Of Touch With Reality Doesn’t Make Sense Read More »
Don’t confuse revenue with profits. When you see someone online claim they are generating huge revenue, that doesn’t mean how much they keep. You could generate $1 million a year in revenue, but if you spent $1 million a year in advertising, is that really that impressive? It’s not. Silly Revenue Bragging “I generated $100,000
Don’t Confuse Revenue With Profits When Growing A Business Read More »
It’ll be two years this spring since I last worked in an office. There’s been some good times with 23 weeks worth of travel and some down times with periods of boredom. But if boredom is the worst of it, then time away from work isn’t so bad. I was able to write a book, spend
A New Adventure Begins: Consulting For A Tech Startup Read More »
Active income is much more enjoyable than passive income due to the positive feeling of purpose. We want to know our actions make a difference no matter how small the scale. But what is the ideal split between passive income and active income? Finding the right balance leads to a better life. For those of
The Ideal Split Between Passive Income And Active Income For A Better Life Read More »
The biggest problem I see in society is the widening gap between the rich and the poor. When CEOs make 300X their average worker’s salary and the top 5% own roughly 74% of all the assets, we’ve got some serious wealth inequality here! However, perhaps we need to take more personal responsibility about why the
Maybe It’s Your Fault Why Wealth Inequality Continues To Worsen Read More »
