Building wealth has become second nature to me. It’s what happens when you write more than 1,300 personal finance articles over seven years. Not only does writing help you get smart about the topics you write about, many of the articles themselves are moneymakers thanks to the internet! Of course, everything may go to hell once […]
Track Everything! We’re Eating And Spending WAY Too Much Read More »
Whatever asset class you invest in, it’s always go to optimize the return. Even if you are just saving money in a money market account, you should optimize the return when you can. Data by the Federal Reserve Bank of St. Louis (FRED) reports the national average on non-jumbo money market accounts deposits (i.e. less
Don’t Forget To Optimize The Return On Your Savings Read More »
Are you conflicted by how much time and money you should give to help other people because you aren’t financially secure yet? Because you feel fortunate, do you feel guilty for not giving more? Welcome to the club! In my 20s and early 30s, because I was getting beaten by a stick at work, I struggled with giving
How Much Time And Money Should I Give To Charity? Read More »
The median net worth for US families in 2018 plunged to just $77,300 from a high of $126,400 in 2007. This is according to the Federal Reserve’s Triennial Survey of Consumer Finance. $77,300 can’t even buy you two years of private college tuition! No wonder why so many people think the US is screwed. The
The Median Net Worth Plummets To Early 1990s Levels Read More »
Ever wonder about a celebrity’s income and spending habits? We get to peek inside a celebrity’s income and spending habits thanks to a messy divorce. I had never heard of Amber Heard until her pending divorce with Johnny Depp went mainstream on May 27. She’s accusing Johnny of physically and mentally abusing her for years. Terrible, if
A Peek Inside A Celebrity’s Income And Spending Habits Read More »
The best money market rate I’ve found online depends on timing. If you want to get better rates and higher services from banks, you need to develop a relationship and concentrate your assets. Weeks before Lehman Brothers went bust on September 15, 2008, I decided to spread my savings out to various banks to hedge
How To Get Better Rates And Higher Service From Banks Read More »
Since starting Financial Samurai in 2009, I’ve been making better financial decisions. The reason is because before each big decision, I always spend at least a couple hours analyzing each situation through a post. The dilemmas I have are very similar to the dilemmas many of you have, will have, or have experienced. As a result, after each
A Better Way To Prevent Financial Mistakes: Convince Others Why Before You Buy Read More »
You might have the cheap disease, which will hurt the quality of your life. On your road to financial independence, you want to spend enough to enjoy everyday without worrying about running out of money. 4pm – 5:15pm was our doubles court time. At 4:05pm, our 4th player group texted us to say he was waiting for
Curing The Cheap Disease For A Better Life Read More »
Want to spend lots of money and not feel bad? Only after publishing CD Investment Alternatives did I realize the article is irrelevant to those of you who don’t save or don’t save much. I’m always trying to make my articles as relevant and helpful to as many readers as possible, so I apologize for skipping over
How To Spend Lots Of Money, Feel Good, And Not Give A Damn! Read More »
Would you give up all the pleasures in life to pay off your mortgage early? One man did, which is amazing. Before we get to his story, let me share my own mortgage pay off story. I bought my first property a week after turning 26. It was a two bedroom, two bathroom, 1,000 sqft
