If you live in the United States, you are wealthy beyond what most others dream of. Your salary is 99% higher than of the world population. You are already wealthy, stop complaining! If you find yourself complaining, visit areas like India, and Africa, and you’ll see what real poverty looks like. If you moved there, you […]
You Are Already Wealthy, Stop Complaining! Read More »
This is my Financial Samurai 2015 goals in review. Every year since I started this site in 2009, I set goals and review goals. For 2015, I created seven personal goals and five financial goals to achieve. I revisited these goals at the mid-year point to make sure I was on track, and now it’s time for a
Financial Samurai 2015 Goals In Review Read More »
For the record, I believe having at least 10 million dollars is the ideal amount of money to retire early today. Given interest rates have come down over the past 40+ years, the value of cash flow has gone up. Inflation is also pick up. Retirees and investors need a lot more capital to generate
What Would You Do With $10 Million? Read More »
We’ve talked about the risks of investing in startups. Now let’s talk about investing in IPOs and how the IPO process works. Taking private companies public was a big part of my job when I worked in the Equities department at a couple major banks for 13 years. Knowledge is wealth and I’m here to share
How Does The IPO Process Work? An Inside Look At Becoming A Public Company Read More »
The following is a guest post by Colleen Kong Savage, an illustrator and designer transitioning from SAHM for over a decade to trying to make it on her own as a freelancer. She discusses why it’s so hard to ask for what we’re worth. Why does asking for money make so many of us squirm?
Why Is It So Hard To Ask For What We’re Worth? Read More »
I know plenty of people with money, lots of money. Me, I’ve got just enough to not work full-time, which makes me happy. I know far fewer people with power, lots of power. For those with power, their lives seem quite fascinating. Given we tend to want more of what is less common, is it
Billionaires: They’re Just Like Us Read More »
“富不过三代 (fu bu guo san dai) = Wealth does not go beyond three generations”- Chinese proverb. Let’s look at how to create multi-generational financial security. My definition of multi-generational wealth is three generations: yours, your children’s and your grandchildren’s. We humans are selfish, especially when it comes to money. Given the past 20 years has
How To Create Multi-Generational Financial Security Read More »
The following is a review post by my good friend Sydney, who’ve I’ve brought on board to write more frequently here on Financial Samurai. This is a sponsored review. We all love to have choices. Being able to choose our jobs, where we live, what cars to drive, and what we do with our money
Cinch Financial Review: An Easy Way To Find Better Financial Products Read More »
One of the side effects of reading a personal finance site is that you might end up getting a lot of anxiety, or FOMO, as the younger generation likes to call it. You read how much some folks are saving, how much they are making, and how early they’ve retired and fear you’re not doing enough!
Suck It Up Already! Suffering Is A Rite Of Passage Read More »
Do frugal people have an unfair competitive advantage when it comes to accumulating a prodigious amount of wealth because they were just born that way? I’m beginning to wonder based on two things that happened recently. 1) Homejoy, a three year old housecleaning startup, decided to close its doors after raising about $40 million in
The Unfair Competitive Advantage Of The Wealthy: Being Genetically Frugal Read More »
