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 […]
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Want to know how to measure you fiscal responsibility? The key is to calculate your FS-FR score. So far, we’ve got the Financial Samurai Debt And Investment Ratio (FS-DAIR). It provides a logical framework for deciding how much to invest and how much debt to pay down every time you have some disposable income. The
How To Measure Fiscal Responsibility: Calculate Your FS-FR Score Read More »
From a previous post, we know that the average expenditure by U.S. consumers is huge. This post will look at the recommended expenditure on housing, food, transportation and more. According to the Bureau of Labor Statistics (BLS), the latest data for 2019 shows the average U.S. household spends $63,036 a year and earns $82,852 a
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 »
Are your spending habits out of control? You’re not alone. We are constantly tempted to spend money and splurge on things we don’t need. Clever marketing tactics, FOMO, the YOLO economy, and the desire for more have become a common part of daily life. But it doesn’t have to stay that way. If you care
Control The Urge To Splurge: How To Save More Money Read More »
After some debate between paying by cash or by credit card, I decided to pay $750 in cash to fix my car fan instead of paying $1,004 with a credit card to get points and peace of mind. By paying $750 cash, I’d save $254 and still get a one-year warranty and receipt. By paying
If Given A Choice, Always Pay By Cash To Save Money Read More »
A well-written real estate love letter can reduce a buyer’s purchase price by 1% – 10%. If we’re talking about a $1 million property, that’s $10,000 – $100,000 in savings. Therefore, learning how to write a real estate love letter is essential if you want to save money on your next property purchase. At the
How To Write A Real Estate Love Letter And Save Big Bucks Read More »
