How big of an investment portfolio should I have to be financially free or start feeling free? This is one of the most common questions people starting on their financial independence journey ask. For background, I’ve been writing about achieving financial independence since 2009, when I started Financial Samurai and helped kickstart the modern-day FIRE […]
The Minimum Investment Portfolio Balance To Start Feeling Free Read More »
If you’re like most people, you want to get as much value out of any purchase as possible. Therefore, you’d probably never buy a First Class or Business Class airline ticket. You might use miles to upgrade. But you certainly wouldn’t pony up your hard-earned dollars to sit in a wider seat. However, money is
How To Pay For A First Class Airline Ticket Without Feeling Remorse Read More »
In 2009, Sam Dogen founded Financial Samurai, one of the top independently owned personal finance sites today with about 1 million organic visitors a month. Here’s Sam telling his story. Hello everyone, thanks for being here. I thought I’d share some background on who I am, what makes me tick, and how financial independence has shaped
Who Is Sam Dogen, Founder Of Financial Samurai? Read More »
Between the ages of 18 – 32, I experienced chronic back pain, sciatica, tennis elbow, golfer’s elbow, and TMJ. It was only after reading Dr. Sarno’s book, Healing Back Pain, did my chronic pain eventually went away. Now, at 44, I hardly have any chronic pain. And when some ailment does flare up, I review
Curing Chronic Pain And Getting Your Life Back On Track Read More »
One of the reasons why I continue to save so much is that I’m a perpetual failure. I’ve made so many mistakes in my life that I need a financial buffer to constantly bail me out. A landmine-filled upbringing has also embedded in me the necessity to save. If it’s not an investment mistake, it’s
Perpetual Failure: The Reason Why I Continue To Save So Much Read More »
When it comes to your health, be risk-averse. When it comes to your money, you can be more risk-loving. After all, if your investment returns take a hit, you can always spend time earning back your losses through work. However, if you lose your health, you might never recover fully. Sure, having money to pay
Be Risk-Averse With Health, Risk-Loving With Money Read More »
There’s a saying that goes something like this: To feel rich, take whatever you earn and triple it. Once you get there, triple it again. In other words, due to hedonic adaptation, it’s impossible to ever permanently feel rich! We all know that making a top 1% income or top 0.1% income means you are
When Do You Finally Feel Rich? It’s Not Always About The Money Read More »
Are you worried about President Biden’s tax hikes? Don’t be. Biden’s tax hikes won’t be as bad as expected due to checks and balances. The Ways & Means committee will reduce many of Biden’s tax hike proposals in order for tax legislation to pass. Let’s review the latest Biden tax hike proposals and what it
President Biden’s Tax Hikes Won’t Be Too Bad Read More »
Although there is a growing apathy towards work given some people’s investment returns are beating their work income, the best time to work might be during or right after a pandemic. The way millions now work is much more flexible, which is much better. One of the biggest things I disliked about work was having
The Best Time To Work May Be During Or After A Pandemic Read More »
Have you ever thought about getting away from it all and retiring in Hawaii? My parents retired in Hawaii 17 years ago and I’d love to join them. They live a simple life with a paid off house and a government pension after serving for over 25 years in the U.S. foreign service. I’ve actually
Retiring In Hawaii: The Pros And Cons Of Living In Paradise Read More »
