To keep motivation up, remind yourself about the reasons for saving and investing so diligently. Once you have clear purposes for your money, saving aggressively becomes much easier. It’s too easy to eat one more cookie and find ourselves unrecognizable 10 years later. When we live in a free and abundant country, life can get […]
The Best Reasons For Saving And Investing So Diligently Read More »
Let me introduce to you the next best frugal site: Frugal Wonderful! A buddy of mine who so happens to be a very successful frugal blogger gave me some incredible advice recently. He said, “Sam, you’re doing it all wrong focusing on the mass affluent / aspirational niche. Instead of writing about investing, entrepreneurship, and
Creating The Next Best Frugal Site: Introducing Frugal Wonderful Read More »
Before the pandemic, the personal saving rate in America hovered between 5% – 6%. Post pandemic, the personal saving rate in America shot up above 25% as people freaked out about their future. Today, the U.S. personal saving rate is hovering around 3.6% as Americans revenge spend like there’s no tomorrow! We already know the main
The Personal Saving Rate In America And The Best Way To Save A Ton Of Money Read More »
If you are frugal, you’ll likely never get into financial trouble. I was very frugal saving between 50% – 70% of my after tax income until about age 35. Then I decided there was no point saving so much money if I wasn’t going to live a little. This post will discuss things worth spending
Things Worth Spending Max Money On For A Better Life Read More »
Lifestyle deflation is what happens when you are overly frugal. Frugality is often praised as a key element to achieving financial independence. Frugality is one of the hallmarks of the FIRE movement I help pioneer in 2009. However, it’s easy to take frugality too far. I’m frugal to a fault. For 13 years after college,
Stop Frugality From Leading To Lifestyle Deflation Read More »
Boomers bashing millennials about their avocado toast craze became a meme. And the reality is, spending massive money on simple food is not a great habit to build wealth. “When I was trying to buy my first home, I wasn’t buying smashed avocado for $19 and four coffees at $4 each,” Tim Gurner, an Australian
Millennial Avocado Toast Analysis: Permission To Splurge Because You Can! Read More »
A fantastic topic came up over dinner one day regarding how to increase job security in today’s highly volatile economy. The usual tips came up, such as: be invaluable, develop strong internal relationships, and never call in sick on a Friday (slacker). All tips were logical, but the more we drank, the more out of
How To Dramatically Increase Your Job Security For Life! Read More »
Here’s a guest post from an angry retail banker. Every time I’m waiting in line to deposit a check at a bank, I wonder what the hell is taking so long. Who are these people with huge envelopes full of cash? Why does the elderly lady always have to argue with the teller about why
Confessions From An Angry Retail Banker Read More »
Millennials tend to get a bad reputation for work ethic, money management, and common sense. The term quiet quitting was invented by Millennials during the pandemic as a way to not work more. But perhaps this is not fair as every older generation tends to bag on younger generations. However, if you’ve gotten a sense
No Wonder Why Millennials Don’t Give A Damn About Money! Read More »
Let’s go through a new year checklist for financially wise people. If you want to build wealth, then you need to be methodical in your financial decisions. The great thing about the Financial Samurai community is that most of you are intelligent, hard working, non-delusional people who are willing to put in effort for reward.
New Year Checklist For Financially Wise People Read More »
