The average saving rate by income increases the more you make. That’s logical since living expenses like housing and food tend to more relatively more fixed, unless you suffer from tremendous lifestyle inflation. However, the average saving rate doesn’t always increase with more income due to a lack of discipline. We all know people who […]
The Average Saving Rate By Income (Wealth Class) Read More »
Sometimes we all need a redo in life. About once every couple of years, a Financial Samurai post goes a little nuts on the internet. Recently, Twitter got a hold of “Scraping By On $500,000 A Year: Why High Income Earners Can’t Escape The Rat Race” and consumed it like a rabid dog shaking a rag doll.
A $500,000 Redo: How One Couple Got Their Mojo Back! Read More »
Being in the top one percent income level is a big stretch goal for many financial go-getters. After all, only one percent of the working population can earn a top one percent income level. This post will go through the top one percent income levels by age group. In 2025, a top one percent income
The Top One Percent Income Levels By Age Group Read More »
There’s a perpetual debate raging whether one should include their primary home when calculating net worth or not. I think it’s absolutely fine to include your primary residence as part of your net worth. It’s also fine not to include your home as part of your net worth. You should calculate both because there is
Include Primary Home When Calculating Net Worth Or Not Read More »
Want to know how to measure you fiscal responsibility? The key is to calculate your FS-FR score. Fiscal responsibility means managing money in a careful, sustainable, and disciplined way — whether at the personal, business, or government level. In simpler terms: The core idea is to make smart financial decisions today so you don’t create problems tomorrow —
How To Measure Fiscal Responsibility: Calculate Your FS-FR Score Read More »
This post will look at the recommended expenditure on housing, food, transportation and more. As someone who kickstarted the FIRE movement (Financial Independence Retire Early), I’d like everybody to spend less, save more, and invest more for financial freedom! According to the Bureau of Labor Statistics (BLS), the latest data for 2019 shows the average
Average vs. Recommended Expenditure On Housing, Food, Transportation Read More »
The Rise of Stealth Wealth is here to stay as long as there’s an ever growing government and widening income inequality. This article provides a stealth wealth compendium of useful phrases to help you get through life easier. It’s only a matter of time before enormous social unrest wipes the country clean of the wealthy
The Stealth Wealth Compendium Of Useful Phrases To Deflect Attention Read More »
Why You Shouldn’t Bother Cooking Your Own Food To Save Money
Why You Shouldn’t Bother Cooking Your Own Food To Save Money Read More »
“How much do I need to retire?” is a question that comes up over and over again. So once and for all, let me suggest a simple, very logical and conservative method. I hope you can utilize my method to estimate how much you need to retire. Having specific retirement goals is a key to achieving success and
How Much You Need To Retire And Never Have To Worry Again Read More »
The secret to weight loss is not more exercise. The secret to weight loss is eating less. In the process of eating less, you’ll also save more money. I wrote this post on July 25, 2009, and wanted to revisit it 11 years later. I was 165 – 167 lbs back then. Today I’m 168
The Secret To Weight Loss: Losing Your Way To More Money Read More »
