The average interest rate by debt type is important to know to utilize debt more efficiently. This article will look at the average interest rate for student loans, auto loans, credit cards, and mortgages. We are an indebted nation thanks to our desire for more and our financial system’s ability to grant us more. When […]
Average Interest Rate By Debt Type: Auto, Credit Card, Mortgage Read More »
Once your housing expense is under control, the next thing to tame is your consumption habits. The most common waste of money today is buying an automobile. New cars are simply too expensive for the median household income. But because car manufacturers have created ways for consumers to stretch with financing and leasing deals, consumers
The 10X Investment Consumption Rule To Fix Bad Spending Habits Read More »
Everyone deserves a nice car. If you’ve been saving and diligently for years, then a nice car you should get! After analyzing the safest cars on the road and researching the best mid-life crisis cars to buy, I’ve finally come to a decision on what to get next. For almost three years, I’ve been driving a
You’re Worth It! Everyone Deserves A Nice Car Read More »
As a father of two young kids, I’ve done hours of research understanding the safest cars and SUVs to survive a crash. Nothing is more precious than my children and my spouse. You can be the safest driver on the road and still get into an an accident. As a result, there is no shame
The Safest Cars And SUVs To Survive A Crash Read More »
One of my readers on The Spending / Savings Balance post asked why I should feel bad spending money on remodeling my house when it should be considered an investment, so long as I don’t go over board. The truth is that when I was cutting multi-thousand dollar checks every week, I was telling myself
Be Careful Justifying Your Spending As An Investment Read More »
Are you wondering whether to fix the car or buy a new one? Used car prices are up huge post pandemic. Therefore, new cars may be of better value. That said, buying any type of car that costs more than 1/10th your annual gross income is a waste of money in my opinion. This month
Fix The Car Or Buy A New One? Best Way To Save Money Read More »
Deciding on leasing or purchasing a new car is a big decision that can cost you money if you make the wrong one. As a car fanatic since the 1990s with dozens of cars under my belt since, let me provide some tips on how to choose. I have both leased and purchased cars over
Deciding On Leasing Or Purchasing A New Car: Saying Good-bye To Moose! Read More »
Are you part of the mass affluent class and wondering what type of car to buy? Look no further as Financial Samurai speaks directly to the mass affluent crowd. We previously described the mass affluent class by income, wealth, and investable assets. Mass affluent is essentially a subset of the middle class that’s well educated and
What Kind Of Car Should The Mass Affluent Buy? Read More »
Your car says a lot about your investing style and money making acumen. The nicer your car, perhaps the more aggressive you are as an investor. Quick: what was the fastest production car that General Motors made in 1987? The Corvette? A common answer – but the performance champion was the lesser known Buick GNX,
What Your Car Says About Your Investing Style And Money Making Acumen Read More »
Are you looking for a car buying guideline? Do you think my 1/10th rule is too harsh? If so, do not fret! Let me also introduce to you the net worth rule for car buying guideline to follow. The net worth rule for car buying is generally reserved for wealthier people or retired people with
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