After working for 10 consecutive years post college, I no longer wanted to be rich. Instead, I wanted to be free and went John Galt in an attempt to unplug from the Matrix. It took three more years of planning but I finally managed to escape, or so I hope. There’s just one nagging feeling
Did you know that you can make a lot more by working overseas and save a significant amount in taxes at the same time? Now that you know, why not work overseas? The US tax system is not the most lenient by any means. American tax payers shell out effectively almost 50% of their incomes to
Why Not Work Overseas, Make More And Pay Less Taxes! Read More »
The Courage To Be Disliked is one of my favorite books. It is a must read for all of you looking to improve your lives. As I contemplate returning to work once my daughter turns two years old, I fear leaving my wife alone with two kids under three and a half. She’s not too
The Courage To Be Disliked: Change Your Life Because You Can Read More »
After over nine years of being a stay at home dad, I finally understand how I was able to consistently get up at by 5am and go until 10pm on average for 730+ days in a row: dad-guilt! Dad-guilt is an incredibly strong feeling where dads do not feel like they are doing enough to
Dad-Guilt Is Common: Here’s How Men Can Overcome Read More »
Have you ever wondered will marrying someone with bad credit hurt my credit score? If so, great job thinking about your financial future together with someone new. The short answer is: No, in the short run. However, in the long run, your credit score may be hurt if you aren’t careful. Love is love. Ever
Will Marrying Someone With Bad Credit Hurt My Credit Score? Read More »
Divorce is one of the worst destroyers of wealth. May you never have to go through one. Love birds beware. The following is a guest post from Financial Samurai reader and medical doctor, Xrayvsn. A divorced ruined his life but he clawed his way back. Divorce. Few words in the English language can elicit as
A Divorce Ruined My Life, But I Clawed My Way Back Read More »
It’s harder to get rich off stocks than it is to get rich off real estate. The main reason why is due to the absolute amount of money you need to risk to get rich in stocks. Even if your $5,000 stock investment goes up 50%, that’s only $2,500. But if your $500,000 rental property
Why It’s Harder To Get Rich Off Stocks Than Real Estate Read More »
Reaching financial independence is the holy grail of personal finance. But what does financial independence really mean? In this post I’d like to determine the three levels of financial independence. That’s right. Even in financial independence there is no one size fits all since everybody has a different desired standard of living. Some people are
The Three Levels Of Financial Independence: Because Money Is Only Part Of The Equation Read More »
There are three primary types of retirement plans in the U.S. today: Traditional IRAs, 401(k)s, and Roth IRAs. This article will focus on whether doing a backdoor Roth IRA is a good move for higher income earners. It is often debated which of the two IRA options is better: the Traditional IRA that is tax
Is A Backdoor Roth IRA A Good Move For Higher Income Earners? Read More »
Wealth management can be a full-time job if you have a lot of investments. Investing family money can be stressful. At some point, you might want to hire a money manager to help you with your finances. When I sold my rental house, I thought my stress would go down at least 80%. After all,
When Is It Time To Hire A Money Manager? Wealth Management Can Be A Full-Time Job Read More »
