Family Finances

Blind Spots For Fathers Who Think They Are Doing A Great Job

One of the fun things about giving up on retirement is preparing for upcoming job interviews. I probably gave over 300 interviews myself when I was working in banking from 1999 – 2012. One of my favorite interview questions is asking candidates about a blind spot of theirs they eventually realized and how? The question’s […]

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What It’s Like Attending A Fancy Private School Fundraiser

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

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Top 10 Financial Moves To Reduce Stress And Anxiety

I realized something important after writing about the best reason to retire early. Money doesn’t buy everlasting happiness. However, having more money can reduce stress and anxiety. The goal of achieving perpetual happiness is not realistic. Happiness ebbs and flows. It’s more exciting to be an 8 out of 10 on the happiness scale because

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Before Having Kids, Consider Spending Lots Of Money

Most responsible adults who want children will strive to save and invest as much money as possible before becoming parents. However, after being a parent for six years, I realize this advice might not be ideal for living your best life. Everybody knows raising children is expensive, especially if you live in a major city.

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Generational Wealth And The Angst Of The Not Rich Enough Class

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

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Free Money! How To Game The College Financial Aid System

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

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The Different Ways To Pay For College: My Surprising Blind Spot

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

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Investing Family Money Can Be A Stressful Full-Time Job

I finally understand why I haven’t been able to shake the niggling stress I’ve been feeling lately. Despite writing less, doing fewer business deals, and exercising more, I still feel this gnawing pressure because I’m responsible for investing my immediate family’s money. When you invest family money, family money always feels more important compared to

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How Landlords Can Create Teachable Moments For Their Kids

I have a love-hate relationship with owning real estate because something always comes up. The more physical rental properties you own, the more problems you will have as a landlord. In June 2022, I decided to rent out a fully remodeled single-family home I had purchased in 2019 to a second family. We had originally

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