After publishing Why We Keep Spending Even Though We Know We Shouldn’t, I realized something important: the real reason I wasn’t willing to spend on a vacation rental this summer is because we no longer have financial freedom. I didn’t think about this fact until after I got a lot of feedback from readers on how […]
The Choices We Make To Achieve Financial Freedom Aren’t For Everyone Read More »
Nobody enjoys a stock market downturn, especially those who rely more on returns to survive due to a lack of active income. But as parents, we can use these sell-offs as an opportunity to help turn our kids into future millionaires. Although I’m a perennial optimist, I believe our kids are kind of screwed. The
Use Stock Market Downturns To Make Your Kids Millionaires Read More »
This newsletter is sponsored by Fundrise, my preferred private real estate investment platform. Fundrise manages nearly $3 billion for over 380,000 investors who are looking to diversify into residential and industrial commercial real estate, particularly in the booming Sunbelt region. If you’re looking to diversify your real estate holdings and generate more passive income, check
Newsletter For April 27, 2025: Super Zweig Breadth Thrust Read More »
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 »
