There is a never-ending debate between going to public or private school. Is private grade school and private university really worth it? I’m not so sure in this day and age of high inflation and free online education. Personally, I went to international private school while my parents were stationed abroad until I was 13. […]
Public Or Private School? Paying $1 Million For Private Not Worth It Read More »
With shelter-in-place occurring all across America, it feels like the world is healing. Pollution has decreased. I see more animals running around my neighborhood. Traffic accidents are way down. We no longer hear about school shootings. And for the first time since September 2019, nobody in my household has even a runny nose! The CARES Act Pandemic
The Best Parts Of The CARES Act Pandemic Stimulus Package Read More »
My times have changed! A while a go, I was looking at CD investment alternatives given they paid so poorly. Now, after an aggressive Fed rate hike cycle of 11 rate hikes since 2011, CDs are actually paying handsomely! The good times for high CD interest rates will unlikely last, as inflation and interest rates
CD Investment Alternatives: Ways To Diversify Your Money Read More »
During my exploration process of selling Financial Samurai, I consulted with a friend who sold his website for $2.8 million some years ago. He offered to share what transpired, what he would have done differently, and why he wished he would have held on. He regrets selling his online business. The numbers and timing have
Why I’ll Always Regret Selling My Online Business For Millions Of Dollars Read More »
Americans are facing a difficult dilemma during the pandemic. We have to decide between the economy or maybe your life or my life. How long are we willing to purposefully shut down our economy to combat the coronavirus and risk losing even more people due to a great depression? I don’t know the answer, which
The Economy Or Maybe Your Life: How Much Pain Are You Willing To Endure? Read More »
This post will look at the benefits of a backdoor Roth IRA. Long time readers know that I’m one of the biggest naysayers of the Roth IRA. The main reason is: most people will make less in retirement than during their working years. Therefore, taxes should be lower, all things being equal. However, what about
The Benefits Of A Backdoor Roth IRA Read More »
The 401(k) maximum contribution limit for 2025 is $23,500. This is up from $23,000 in 2024 and $22,500 in 2023. For participants ages 50-59 and 64 or older, the additional “catch-up” contribution limit is $7,500. Starting in 2025, if you’re between ages 60 and 63, you can contribute up to $11,250 as a catch-up contribution,
The 401k Maximum Contribution Limit 2025 And 2026 Read More »
If you’re a minority, then I encourage you to use racism as motivation to build more wealth and achieve financial freedom sooner. The sooner you can build a passive income portfolio that covers your basic living expenses, the sooner you’ll be free! When I was a kid, I used to be very combative when it
Dear Minorities, Use Racism As Motivation For Achieving Financial Independence Read More »
Hurricanes and earthquakes are a stark reminder of the importance of getting natural disaster insurance. As a long time resident of San Francisco, I wonder if I should get natural disaster insurance for earthquakes every single year. San Francisco lies close to the San Andreas fault line. It could start shifting at any moment. The last big
Should I Get Natural Disaster Insurance For Earthquakes, Floods, And Hurricanes? Read More »
If you want to be rich, never buy a brand new car or a car in its first year of redesign. I’ve been a car fanatic forever, but I’ve also been a personal finance blogger since 2009. My goal for everyone is to reach financial independence sooner, rather than later. After owning Moose, my 2000
Never Buy A New Car Or A Car In Its First Year Of Redesign Read More »
