Financial targets are always moving. Just when you reach one financial target, another financial target is often made. The reason for the change is due to hedonic adaptation. We humans always seem to want more! To make sure you’re being financially responsible, always look at the latest economic data to determine whether you’re saving enough, […]
Financial Targets Are Always Moving: Follow Your Own Compass Read More »
As a frugal person and a personal finance writer, I love saving money. But there are smart ways to save money and stupid ones. I’ve put together a collection of stupid things people do to save money in this post for your entertainment. In addition, I hope you can learn from these examples to better
The Stupid Things People Do To Save Money Read More »
Thanks for all the recent support about keeping Financial Samurai going! Your encouragement is greatly appreciated. One feedback I got was that readers would like to hear more from a woman’s journey to financial independence. I thought who better to share her thoughts than my wife, Sydney. Sydney is the CFO of Financial Samurai and
A Woman’s Journey To Financial Independence: From Broke To Freedom Read More »
1, 2, 3 panic! The stock market meltdown of 2020 has taken us all for a ride. Thanks the coronavirus pandemic, the stock market meltdown will likely come back. Then the 2022 stock market meltdown happened again. It’s a good thing that most of us are super savers, have a diversified net worth, actively rebalance
Stock Market Meltdown Implications For Everyone Read More »
The Federal Reserve’s decision to cut the federal funds rate on July 31, 2019, the first time in 10 years, signifies several things: 1) The Fed screwed up in December 2018 by hiking rates for the 9th time in three years. Cutting rates just 7.5 months after hiking rates is like getting a divorce within
A Fed Rate Cut Is A Sign We Should All Buckle Down And Be Careful Read More »
Ever wonder the demographics of who else is reading and commenting on Financial Samurai? I’ve always felt the community here is one of the most financially savvy on the web based on my interactions with so many of you. This post will thoroughly highlight the Financial Samurai reader demographics. Polls are a great way to
Financial Samurai Reader Demographics Profile Read More »
In the spring of 2012, I took a leap of faith and retired from investment banking for good. Here is my story about retiring early to focus on travel, writing, and eventually becoming a full-time dad. It’s fun to look back on this post 13 years later and update it with some new thoughts. There
Taking A Leap Of Faith And Retiring On My Own Terms Read More »
In the great debate between real estate versus stocks, I give a slight nod towards real estate. When I was young, I wanted real estate because having it felt like I had arrived. Now that I’m middle-aged, I want real estate so I can provide a stable environment for my family. After taking over 500
Real Estate Is A Hedge Against Many Bad Things In Life Read More »
I’ve been writing about early retirement (FIRE) since 2009. As one ov the pioneers of the modern-day FIRE movement, I’m proud of how far the movement has come.During this time period, I’ve made some suboptimal pre-retirement and post-retirement moves. Therefore, if I could retire all over again, I want to share some of the things
If I Could Retire All Over Again These Are The Things I’d Do Differently Read More »
Want to get rich or feel rich? You might as well take advantage of rich people! OK, I’m not trying to be insidious. Hear me out in this post. For background, I retired with a $3 million net worth in 2012 at age 34. Today, I’m 47 with an eight figure net worth thanks to
How To Take Advantage Of Rich People So You Can Get Rich Too Read More »
