If you’re trying to figure out how much to spend on a house, my 30/30/3 home-buying rule is the best guide I can offer. I developed this rule in 2009 during the global financial crisis, and since then, it has gained worldwide recognition from numerous publications and industry experts. Following the 30/30/3 rule gives you […]
The 30/30/3 Home-Buying Rule To Follow Read More »
Having reliable and sufficient car insurance coverage is so important. But how do you know if you have enough? Car accidents are incredibly expensive today! Here’s how I found that out the hard way. Several years ago, I did something stupid. Instead of backing straight out of my parking stall, I turned too soon. As
Your Car Insurance Coverage Might Not Be Good Enough Read More »
As soon as your real estate offer gets accepted, you should notify your lender with the relevant ratification documents and lock in a rate. The rate lock is usually for 30 – 60 days. However, sometimes things take longer than expected and you need to get a mortgage interest rate extension. A mortgage interest rate
Mortgage Interest Rate Extension: The Cost And Why You Might Need One Read More »
Right before the pandemic began, I did a fun podcast interview with Andy from Marriage Kids & Money, a work-from-home solopreneur. It was nice to connect with another father of two young children in the online world. Andy took a leap of faith at a very similar age as me in 2012. Although my main
Work-From-Home Solopreneur: How I Made The Leap As A Young Father Read More »
Are you wondering how do hedge funds make so much money? Working for a hedge fund is one of the most promising ways students from top universities try to get rich. Elephant hedge fund managers make $100-million-a-year CEOs look like mendicants. Guys like David Tepper from Appaloosa, George Soros from Soros, Ray Dalio from Bridgewaters
How Do Hedge Funds Make So Much Money? Best Business Model In The World Read More »
Striving for status and fame is an anathema to the Financial Samurai way. Instead of trying to get famous, it’s much better to just be rich and stealth. When you are rich and not famous, you are more free to do as you please. But things weren’t always this way. When I first started Financial
Be Rich, Not Famous: The Joy Of Being A Nobody Read More »
I’ve got an efficiency idea that could do my community some good: Provide subsidized housing to those who may need it the most. Given times are more difficult during a pandemic, being able to provide affordable housing may be very beneficial. The remodeling in my new home is almost done. I could move into my
Solving The Housing Affordability Crisis By Providing Subsidized Housing Read More »
Your net worth might be much higher and you don’t even know it. This is a realization I came to after receiving some feedback from a reader. In the post, To Pocket List Or List On MLS, I wanted to help home sellers who value privacy to get the best price possible for their homes.
Why Your Net Worth May Be Much Higher: Lessons From A $655,000 Loss Read More »
We all suffer from some level of financial insecurity because society can be cruel. The future is always unknown, as the global pandemic has shown us! Financial insecurity is the reason why we tend to stay in cash long after the signs of a recession are over. Financial insecurity is the reason why we work
Solving Financial Insecurity To Live More Freely Read More »
We’ve got the poor, the middle class, the upper class, and the rich. This article looks at the definition of upper class based on income and several other factors. When you think of the words “upper class,” what do you imagine? I often conjure some passengers sitting on a British Airways flight. They are literally
Upper Class Definition Based On Income And Other Factors Read More »
