I’m a late adopter, which is why I haven’t thought too much about artificial intelligence (AI). I’d rather have early adopters figure out all the kinks first so I can better spend my time using the technology. However, at a kid’s birthday party one Saturday, a dad, who works in finance, came up to me […]
Artificial Intelligence: How To Protect Yourself And Benefit Financially Read More »
Have you ever visited Pity City? You know, the place where you feel sorry for yourself and all your problems? I think we’ve all been there before. At Financial Samurai, we accept our situation and take action to make things better. Complaining why life isn’t fair is not the Financial Samurai way! We are all
A Visit To Pity City Shows Your Boss Probably Doesn’t Care About You Read More »
Are you trying to determine your level of financial satisfaction or dissatisfaction? After all, if you’re more satisfied financially, you should also be happier and less stressed. Good news! The FS Wealth Reality Ratio (FSWRR) will help you quantify your feelings and reveal the unhappiest cities in America! The core attribute about the FS Wealth
The Unhappiest Cities In America Based On A New Wealth Reality Ratio Read More »
One reason why you might want to attend an Ivy League college or similar college is to earn a higher income. As a parent, you hope your child attending an elite university will make them upwardly mobile. A better life is what every parent wants for their kids. And a better life often means having
Median Income Earned By Ivy League Graduates: Unimpressive At First Read More »
Let’s say you’ve currently got a good amount of cash to invest. $250,000 in this case. With the potential for a global financial recession due to still-high interest rates and trade wars, investing is now getting trickier. At the same time, inflation has peaked and now the Fed is no longer hiking rates. In my
How I’d Invest $250,000 Cash In Today’s Market Read More »
The older you get, the more you will value life because you have less of it. If you want to live longer, you should aim to grow richer and live in a more hospitable place. As you will see in this article, the correlation with life expectancy, wealth, and location is strong. In 2024, life
Your Life Expectancy Depends Greatly On Wealth And Location Read More »
Are you finding yourself stressed out more often? Are you feeling burned oput after the pandemic or amidst all this chaos and uncertainty due to Trump’s ridiculous trade wars? If so, maybe the source of all stress in life is giving a giant crap. The less you can give a crap about things, the less
The Source Of All Stress In Life: Giving A Giant Crap Read More »
In 2010, Nobel Prize winners Daniel Kahneman and Angus Deaton from Princeton University argued that $75,000 was the ideal income where happiness increased no further. As someone who made as little as $4/hour at McDonald’s to multiple six figures a year working in investment banking, it was clear to me happiness continued way beyond the
Why Nobel Prize Winners Were So Wrong About The Ideal Income For Happiness Read More »
Have you ever wondered why there is so much angst and anxiety from some high-income earning households that seem to have it all? Based on my years of research, the three main reasons are: 1) never-ending comparison, 2) a lack of generational wealth, and 3) having children. Generational wealth is next-level wealth. If you have
Generational Wealth And The Angst Of The Not Rich Enough Class Read More »
After doing a deep dive on the different ways to pay for college and how to get good financial aid, I realized the best thing for my family is for me to go back to work. Coming up with $1,500,000 for two kids’ college experience in 12-15 years is daunting. Going back to work feels
Sadly Giving Up On Retirement And Going Back To Work Read More »
