Back on April 20, 2012, I had just negotiated a severance from my banking job. My next thoughts were one whether to start a family. So I had a thought: Is the top 1% better than the 99% at raising a family? Let’s discuss! The Top 1% And Raising A Family I stumbled across a […]
Is The Top 1% Better Than The 99% At Raising A Family? Read More »
The following is an April 12, 2012 guest post from Mr. Money Mustache (MMM) about early retirement. As someone who kickstarted the modern-day FIRE movement in July 2009, I let MMM guest post on Financial Samurai to help spread the word. He had recently started his blog to focus on what we now call Lean
Early Retirement: It’s Not As Risky As You Might Think Read More »
Australia is one of the richest countries in the world. In fact, the average inheritance in Australia is the highest in the world! How can this be when Australia doesn’t have many world-class companies you’ve heard of? Let’s explore Australia’s education, investment, tax, healthcare, and retirement system. Australia: One Of The Richest Countries In The
A Look Inside Australia’s Education, Investment, Tax, Healthcare & Retirement System Read More »
Since the very beginning of Financial Samurai, I’ve sought to delve into the psychology of wealth by focusing on stories about wealth and moving beyond numbers. My favorite is, “The Curse Of Making Too Much Money And Not Pursuing Your Dreams“. It’s infinitely more interesting to learn about what makes people happy, and what wealth
The Psychology of Wealth Book Review And Giveaway Read More »
Corporate greed by PG&E killed my friend’s family. It is a sad sad story. Pacific Gas & Electric (PG&E), your San Bruno gas pipeline blast killed my friend’s wife of over 20 years and his daughter in 2010. Thousands of people depend on you for energy to heat their homes and cook their food. How
Corporate Greed By PG&E Killed My Friend’s Family And My Credit Score Read More »
I just got done with two things: 1) Writing a check for another $1,000 more in taxes to the Federal Government for 2011, and 2) Re-reading the article, “The Average Percent Of Income Donated To Charity Can Improve“. Hopefully all of you are on pace to finish doing your taxes before the April 17th deadline.
Is Paying Taxes A Form of Charity? Read More »
After January/February’s credit card spending blow out of around $3,100, I’ve successfully reduced my latest credit card spending by 61% to $1,200! $1,000-$1,500 is the target credit card spending range I have every month. If I can spend just $1,000 one month, it’s like building a $500 buffer to be able to spend $2,000 ($1,500
Reducing Credit Card Spending One Month At A Time Read More »
Have you ever wondered when is it time to give up and admit defeat? You’ve tried so hard at something and things aren’t going as planned. Instead o f suffering more, perhaps it’s better to give up! I played 6 sets of singles the other day. That’s right, 6 consecutive sets over the course of
When Is It Time To Give Up And Admit Defeat? Read More »
In a great display of public income profiling, the IRS highlighted during the Obama administration they are increasing their audit rates for income levels above $200,000. If you study the chart carefully, you will see that after $200,000, your audit rate percentage goes up anywhere from 3X to 30X the average audit rate for those
What Is The Average Audit Rate By Income Level? Read More »
The coronavirus pandemic devastated our economy and caused tens of millions of Americans to become unemployed. A Financial Samurai reader shares what it was like being unemployed during the previous financial crisis. This Is What It’s Like Being Unemployed My name is Rachel, and I was unemployed for just a bit more than 6 months
What’s It Like Being Unemployed? Read More »
