The income limits before tax deductions start phasing out are ~$260,000 for singles and ~$311,000 for married couples according to the IRS in 2019. In other words, after making more than $260,000/$311,000, you won’t be able to deduct the full amount of your mortgage interest and property taxes. You will also be subjected to the […]
Income Limits Before Tax Deductions Start Phasing Out Read More »
There’s an incredible joy of living within your means. The more you can live within your means, the happier you will become. You will appreciate more of what you have, and desire less of what you don’t. “Do not spoil what you have by desiring what you have not; remember that what you now have
The Joy Of Living Within Your Means Read More »
Welcome to my annual passive income update. I don’t do these updates more often because nothing changes too much on a month-to-month or quarter-to-quarter basis. Do you really want to see that I increased or decreased my passive income by $1,000 from the month before? I think not. Here are some immediate reasons I can
Financial Samurai Passive Income Update 2014-2015 Read More »
It’ll be two years this spring since I last worked in an office. There’s been some good times with 23 weeks worth of travel and some down times with periods of boredom. But if boredom is the worst of it, then time away from work isn’t so bad. I was able to write a book, spend
A New Adventure Begins: Consulting For A Tech Startup Read More »
Here are the top Financial Samurai articles of 2013. 2013 was a great year because it was the first full year after I left my day job in finance for good. I’m updating this post eight years later in 2021 to see how far I’ve come. 2013 Was A Productive Year I’m always curious to
The Top Financial Samurai Articles Of 2013 Read More »
Building wealth is a long game. It’s sometimes very easy to get discouraged as a result. Despite a lucky investment when I was 22, I felt very little pleasure having a large savings account in my early 20s. Money degenerates to just numbers on a screen that provides no utility unless spent. I was actually
Celebrate Small Wins To Keep Financial Motivation Alive Read More »
This post teaches you how to stop haters from hating you so much. Haters are everywhere. The more public or successful you are, the more you will attract haters. You don’t even have to do or say anything bad. You will inevitably get a hater if you achieve any type of success. Since Financial Samurai
How To Stop Haters From Hating You Read More »
The following is a guest post by insightful reader JayCeezy. He is a veteran investor who shares his perspective on investing, retirement, and risk tolerance. If you want to learn how to lose a million dollars and live to see another day, read on! How To Lose A Million Dollars Kidding. It was a lot
How to Lose A Million Dollars And Live To See Another Day Read More »
December is generally a higher expenditure month given the holidays and tempting sales galore. I would ideally like to keep my personal credit card bill in the $1,000-$1,500 range, with $2,000 as the upper limit. After $2,000, I feel like I’m wasting money because that just seems like an awful lot to spend on things
Credit Card Enlightenment: Hobbies Are Expensive! Read More »
Imagine working for 40 years, each year paying Social Security taxes and dying at the age of 62 with no spouse to bequeath. The Government is going to secretly laugh at you because they now get to keep the hundreds of thousands of dollars you paid into the system for free, baby! Meanwhile, if you
The Solution To Social Security Problems: Die Young And Stay Single Read More »
