Now that COVID is over, my wife and I went to our son’s school fundraiser for teachers and low-income household families. I had never been to one of these types of events before and found it fascinating. The thing is, I almost didn’t go. I had been running around all day with the kids and […]
What It’s Like Attending A Fancy Private School Fundraiser 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. However, the median income earned by Ivy
Median Income Earned By Ivy League Graduates: Unimpressive At First Read More »
College is expensive and will only get more expensive over time. If you can get good college financial aid in terms of grants and scholarships (free money), as opposed to bad financial aid (loans), attending college will be much more affordable. We’ve already talked about the different ways for us to pay for college. Now
Free Money! How To Game The College Financial Aid System Read More »
One of the main reasons why I read lots of books is to learn from people who’ve been there before. And after reading The Price You Pay For College, one of my biggest blind spots I realized is that I don’t have to save so much for college anymore! If you are a parent who’s
The Different Ways To Pay For College: My Surprising Blind Spot Read More »
Some Americans fear higher taxes so much they are willing to move. The capital gains tax rate might go up. The step-up basis might go away. And the top marginal income tax rate might go up too. Therefore, may I present the best life hack for Americans: taking advantage of Canada! I’m always looking for
The Best Life Hack For Americans: Taking Advantage Of Canada Read More »
Although it’s a bummer to hear about more layoffs as the economy slows, I also feel a lot of hope and excitement for those who have lost their jobs for two reasons. First, there is the benefit of getting a severance package. Imagine getting a severance package worth six months of salary and then finding
How One Man Negotiated A $40 Million Mass Severance Package Read More »
A 529 plan is one of the best generational wealth transfer vehicles. Instead of just giving our kids or grandchildren money, it’s way better to give them the gift of education. Thanks to the SECURE Act 2.0, we will be able to roll over leftover 529 funds to a Roth IRA without taxes or penalties.
Rolling Over Leftover 529 Funds Into A Roth IRA: Who Really Benefits? Read More »
If you plan on committing a crime, it’s good to know beforehand how bail works. This way, you can wisely conduct a cost-benefit analysis to see whether you can afford to pay for your crimes. If you can’t, then it may be best not to do something illegal. In addition, please note that the terms
How Does Bail Work? Bail And Bond Mean Different Things Read More »
Want to get into an elite university? Develop a better personality so you can receive a higher personality score during the admissions process. In the Supreme Court case regarding using race-conscious admissions (affirmative action) at Harvard University and UNC, we learn Harvard assigns a personality score to every applicant. By assigning a lower personality score
How To Develop A Better Personality To Get Into An Elite University Read More »
After two of brainstorming, writing, rewriting, and editing during the pandemic, my book, Buy This, Not That: How To Spend Your Way To Wealth And Freedom is now available! Let me share why I wrote a new personal finance book after writing about personal finance since 2009. Buy This Not That became an instant Wall
Why I Wrote A New Personal Finance Book: Buy This, Not That Read More »
