One of the most commonly asked questions I get is whether I had to make sacrifices in my pursuit of FIRE (financial independence and retire early). When they refer to sacrifices, what they really mean is whether I missed out on the typical fun experiences of a young adult. These aren’t serious sacrifices like risking […]
The Sacrifices We Make To Achieve Financial Independence Read More »
One of the most effective ways to build semi-passive income is to own your primary residence, live in it for several years, then rent it out and purchase a nicer property. If you’re aiming to retire early, over a 20-year career, you could easily build a rental property portfolio consisting of 3-5 units. This has
The Best And Worst Times To Find Renters For Greater Cash Flow Read More »
Living paycheck-to-paycheck is an unpleasant financial experience. Not only does it mean needing to spend everything you have to make ends meet, it may also create an ongoing feeling of despair. Never feeling like you’ll ever get out of the rat race and retire is demoralizing! You might even have to get into debt to
Embrace Living Paycheck-To-Paycheck To One Day Be Free Read More »
Sam Dogen stands as the visionary force behind Financial Samurai, a powerhouse in the realm of personal finance blogging since its inception in 2009. With an impressive track record, the site has drawn in over 100 million individuals eager to explore the secrets of achieving financial freedom sooner rather than later. Sam is not just
Sam Dogen, Financial Samurai Media Press Kit Read More »
I’ve been documenting my journey in Financial Independence Retire Early (FIRE) since July 2009. I’m not aware of any other blogger who commenced their FIRE journey earlier, is still currently retired or unemployed, and has maintained a consistent writing presence like I have on Financial Samurai. When I began sharing my FIRE experiences, I was
I’m Unwilling To Change The Rules Of FIRE To Win The Game Read More »
My family and I could have been set for life. Instead, due to my inability to beat back real estate FOMO, I blew up our passive income. And because our passive income is now much lower, we are no longer financially independent. Desire is the cause of all suffering. Due to my desire to own
Blew Up My Passive Income, No Longer Financially Independent Read More »
When my kids were born, I made a promise to be a stay-at-home father for the first five years of each of their lives. Mission accomplished with my son in April 2022, and my daughter in December 2024. I’m now wondering how I will fill the void once both kids are in school full time.
How Parents Can Fill The Void Once Kids Go To School Full-Time Read More »
While I consider myself frugal, there are instances where saving money isn’t worth the additional time investment. Let me share a story illustrating how excessive frugality cost me my health, productivity, and happiness. Recently, we decided to attend Monster Jam for the first time, an event featuring monster trucks racing and performing stunts. Getting there
Being Overly Frugal Can Be Terrible For Your Health And Happiness Read More »
On Jan 2, 2024, Claudine Gay resigned as the president of Harvard University amid public outcry over her failure to support the safety of Jews on campus before Congress and allegations of approximately 50 counts of plagiarism. As an author and blogger, I observed the public judgment with fascination, considering that plagiarism has been regarded
Thoughts On Plagiarism As A Thief, Blogger, And Author Read More »
At the end of every year, I highlight the best posts and podcasts on Financial Samurai. Determining the “best” of Financial Samurai is both objective and subjective. For those new here, I started this site in July 2009, at the depths of the global financial crisis. I had been considering launching the site since 2006,
The Best Of Financial Samurai 2023 – Posts And Podcasts Read More »
