Your first money memories may hold the keys to your relationship with money. Perhaps your first money memories may dictate your entire financial future. My first money memory was getting admonished by my father for ordering lemonade at a restaurant. I was in the sixth grade in Kuala Lumpur. He said that instead of paying […]
Your First Money Memories May Dictate Your Entire Financial Future Read More »
Tax-free profits in real estate is just one of many reasons why real estate is my favorite asset class to build long-term wealth. As someone who experienced more than nine years of the early retirement movement, I’ve noticed a growing trend to forsake owning for renting. Commonly cited reasons are cost, flexibility to move and potentially higher
Don’t Underestimate Tax-Free Profits In Real Estate Read More »
I’m always searching for reasons why things are the way they are. It’s also fun to connect the dots and come up with an investment thesis to make a lot of money. What I’ve recently discovered is that because the minimum qualifying income required to purchase a house is so low, there is still a
The Minimum Qualifying Income Required To Purchase A House Is So Low Read More »
Are you wondering: Should I work on Wall Street? I worked on Wall Street at Goldman Sachs and Credit Suisse (RIP) for 13 years. It was a good career that enabled me to retire early, build investment wealth, and grow Financial Samurai. Therefore, in summary, I recommend working on Wall Street if you are given
Should I Work On Wall Street? The Pros Of Working In Finance Read More »
Did you know that you can negotiate a severance before you’re hired? It’s a smart way to maximize your exit package. The following is a guest post from ESI Money, a blog that focuses on achieving financial independence through earning, saving, and investing (ESI). It’s written by a fifty-something ex-executive who’s now enjoying the fruits
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One of the downsides about early retirement is the expensive cost of healthcare in America. Without an employer subsidy, the average cost for a family healthcare insurance plan is about $24,000 in 2024. This post is about how to compare health insurance plans and save money. The extreme cost of healthcare is one of the
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Are you wondering whether private grade school K-12 is worth it? I am since I have two young children, one of which is grade school age. During the pandemic, where many small businesses have been crushed, many families decided private grade school K-12 was not worth it. As a result, private school enrollment went down.
Is Private Grade School K-12 Worth It? Read More »
Everybody should have a net worth target to shoot for by age, work experience, and income. Net worth targets will help you stick to your financial plan and motivate you to do more. With net worth targets, you will likely build way more wealth than if you had zero net worth targets. Too many people
Net Worth Targets By Age, Income, And Work Experience For Financial Freedom Seekers Read More »
According to the U.S. Census Bureau’s Income and Poverty Report In The United States, real median household income data reached all-time highs in 2022 at $76,330. However, it declined by 2.3% to $74,580 in the latest report released in 2H 2023. For 2025, the real median household income is about $80,000. Wonderful! In the prior
Real Median Household Income By Race Reaches Record Highs For All! Read More »
In March 2020, we pulled our son from preschool. We ended up homeschooling him until August 25, 2021, or for 18 months. He’s now attending a language immersion school. Our experience has taught us that homeschooling can be incredibly beneficial. It is more efficient and can provided customized learning for our son. Now that our
Homeschooling And The Decision To Teach Our Own Children Read More »
