One reason why you might want to attend an Ivy League college or similar college is to earn a higher income. As a parent, you hope your child attending an elite university will make them upwardly mobile. A better life is what every parent wants for their kids. However, the median income earned by Ivy […]
Median Income Earned By Ivy League Graduates: Unimpressive At First Read More »
The greater the life insurance demand, the higher the anxiety of death. Good thing everyone can get an affordable term life insurance policy through Policygenius. Both my wife and I got new 20-year term life insurance policies during the pandemic given we have two young children. As a result, our anxiety went way won. One
Life Insurance Demand Quantifies The Anxiety Of Death Read More »
During a bear market, one of the things I like to do is embrace losing. The more you can embrace reality, the more you can accept reality. And the more you can accept reality, the easier you can move on with your life. Recently, I ended up losing ~$1 million in real estate. It was
Losing $1 Million In Real Estate Never Felt Better Read More »
Recently, I got an upsell from my life insurance carrier offering $500,000 in accidental death insurance for $33 a month. This is on top of my existing 20-year term life insurance policy coverage of $750,000 I found through PolicyGenius, a free life insurance marketplace. The accidental death insurance offer sounded like repetitive coverage. But I
Accidental Death Insurance On Top Of Life Insurance: Coverage Differences Read More »
One of the great benefits of being an investor is that you can sometimes make more from your investments than from your day job. After several years of doing so, you might even start wondering what’s the point of working so much! According to Zillow, home value appreciation in 2021 was higher than median wages
Making More From Your House Than From Your Salary Makes Life Easier Read More »
It occurred to me while writing my bestselling personal finance book, Buy This Not That, that a good percentage of you are HENRYs. A HENRY is a “high earner, not yet rich” consumer who is on the path to financial freedom. HENRYs mostly earn six-figure incomes who also save and invest aggressively. However, HENRYs often
Are You A HENRY? High Earners, Not Rich Yet Read More »
The more money you have, the more you can do what you want. The more power you have, the more you can do what you want as well. Perhaps ideally, you have so much money and power that you’re able to consistently be above the law. Here at Financial Samurai, we’re able to help readers
How To Befriend Politicians So You Can Do What You Want Read More »
President Biden has stated he will raise taxes on individuals making over $400K and married couples making over $450K to pay for his $1.8 trillion American Families Plan. Once you make more than $400K/$450K a year, President Biden wants to raise the marginal income tax rate from 37% to 39.6%. This is the return to
Surviving Off A $400K Income Biden Deems Rich Enough For Higher Taxes Read More »
Accurate passive income forecasting is important for tax minimization, better time utilization, stronger mental health, and increased overall happiness. Some passive income investments are harder to forecast than others. In 2020, I made a big mistake by inaccurately estimating my passive income. At the beginning of 2020, I estimated I would earn roughly $70,000 from
Accurate Passive Income Forecasting Is Vital For Long-Term Happiness Read More »
There’s an old saying in golf, “drive for show, putt for dough.” Hitting a massive 300-yard bomb looks beautiful, but what really counts is accurate putting. Well let me introduce you to a new saying, “Own one car for show and another car for dough.” I can’t tell you how many times I’ve lost money
Own One Car For Show And Another Car For Dough Read More »
