This post will provide a detailed look into property taxes by state. The differences in property taxes by state from the highest (Illinois at 2.32%) to the lowest (Hawaii 0.28%) is astounding. Although, these are average property tax rates by state because many counties have slightly different property tax rates within a state. Therefore, just […]
Property Taxes By State – From Highest To Lowest Read More »
There’s a lot of debate on whether it’s better to rent or own. If you are a renter, I’m sorry to say the return on rent is always negative 100%. You get a place to stay for your rent, which is great. But there is no potential financial return on rent as opposed to owning.
The Return On Rent Is Always Negative 100%: How To Live For Free Read More »
I’m often asked why get life insurance if you’re financially independent. It’s a good question that merits a deep dive. I became financially independent in 2012 and have life insurance because I had children in 2017 and 2019. Many of you will face the same dilemma once your passive income can cover all your living
Why Get Life Insurance If You’re Financially Independent Read More »
Micromanagers are the worst! Dealing with micromanagers is one of the main reasons why I decided to fake retire from the finance industry in 2012. I couldn’t take this one boss in NYC always calling in to check up on me even though I was ranking well with my clients. There’s probably nothing more annoying
How To Deal With A Micromanager Without Killing Yourself First Read More »
Sometimes we all need a redo in life. About once every couple of years, a Financial Samurai post goes a little nuts on the internet. Recently, Twitter got a hold of “Scraping By On $500,000 A Year: Why High Income Earners Can’t Escape The Rat Race” and consumed it like a rabid dog shaking a rag doll.
A $500,000 Redo: How One Couple Got Their Mojo Back! Read More »
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 Is A Lot 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 »
The “one more year syndrome” is a debilitating syndrome faced by people who want to retire but keep putting retirement off. Before you know it, the one more year syndrome might turn into five years or even 10 years of still working at the same place. Then you might look back on your life with
Overcoming The “One More Year Syndrome” To Do Something New Read More »
A while ago, I was looking at CD investment alternatives because they paid so poorly. However, due to the Fed’s aggressive rate-hike cycle over the past few years, however, CDs became attractive again. Even though the Fed began cutting interest rates in September 2024, CD rates are still relatively attractive. In the past, CDs were
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 »
