In 1997, Gary Winnick founded Global Crossing, a company with the bold vision of laying undersea fiber-optic cables to build a global IP-based telecommunications network. It was a massive infrastructure play, designed to form the core transport layer for the internet, connecting data centers and network hubs worldwide. But as visionary as the plan was, […]
The Last Mile Is Where Success Is Made: Always Close The Loop Read More »
The odds of a recession are rising, fueled by an ongoing trade war that could drive up prices, slow consumer spending, and trigger mass layoffs or business closures. Some economists might call this stagflation—a scenario worse than a typical recession, where prices rise despite stagnant or negative economic growth. At least in a recession, prices
10 Ways To Survive And Even Thrive During A Recession Read More »
After three years of writing and editing, I’m thrilled to finally share the release of my new USA TODAY bestseller, Millionaire Milestones: Simple Steps To Seven Figures! If you’ve enjoyed my writing on Financial Samurai over the past 16 years, you’re going to love this book. It is an instant USA TODAY national bestseller. With
New Book! Millionaire Milestones: Simple Steps To Seven Figures Read More »
With a likely recession and potentially stagflation on the horizon, I suspect many more families will join us as DUPs: Dual Unemployed Parents. Mass layoffs and company shutdowns will ripple through the economy. According to USA Facts, there were approximately 38 million single-income households in 2022. According to the Bureau of Labor Statistics, there were
The Precarious Life of Dual Unemployed Parents (DUPs) Read More »
I’ve been following Plenty since late 2023 and this is my review of their product. On April 9, 2025, Plenty announced it had been acquired by Wealthsimple after three years of operation. The news came as a surprise, especially since Plenty had raised a solid round of funding in 2024 that was expected to sustain
Plenty Review: A Way For Couples To Invest Together Read More »
Stagflation is a rare and challenging economic condition where slow or stagnant growth, high unemployment, and persistent inflation occur simultaneously. Typically, inflation rises when an economy is expanding and demand is strong, while recessions tend to bring lower inflation due to weaker demand. Stagflation defies this pattern, making it particularly difficult to address with traditional
Stagflation Is Worse Than A Recession: Here’s How To Prepare Read More »
Reciprocal tariffs will drive up the cost of most goods, making everyday life more expensive for American households. According to Fitch Ratings, the U.S. tariff rate on all imports has jumped from 2.5% in 2024 to around 22% today. Some research firms estimate the percentage is closer to 30%. As a result, more Americans may
Reciprocal Tariffs Actually Make Wealthy Americans Even Richer Read More »
One of my goals is to put my kids to work so they can earn money, contribute to a Roth IRA, and learn the value of hard work and the power of investing. By age 18, they’ll have roughly 10 years of work experience and compounding behind them. If they earn an average of $7,000
Various Things Children Can Do To Earn Money For A Business Read More »
Back in 2019, I remember being surprised at a survey by toy maker Lego that asked young adults what they wanted to be when they grew up. The top answer was YouTube creator! Of the 3,000 children surveyed between the ages of 8 and 12 from the U.S., U.K., and China, a surprising 33% said they
Helping Others While Making Millions On YouTube And TikTok Read More »
I recently came across an eye-opening chart by the National Association of Realtors showing that the median age of first-time U.S. homebuyers is now 38 years old. That’s a significant jump from 30 years old between 2008 and 2010. Meanwhile, the median age for repeat buyers has risen to 61 years old. What is going
Waiting For The Perfect Price Could Hurt Your Lifestyle And Happiness Read More »
