If you became a newly minted millionaire, where would you migrate to? Due to inertia, I bet most of you would stay right where you are. A lot of us are afraid of change, which is why we stay at jobs we hate and suffer through broken marriages for too long. But how about being
Millionaire Migrations: Where Millionaires Are Moving Globally Read More »
If you want to grow your wealth faster than the average person, I suggest trying to think in two timelines that move together in unison. The first timeline is analyzing what’s going on right now. The second timeline is analyzing what could happen in the future, with a consistent spread. It’s like having a dual
Think In Two Timelines If You Want To Build Greater Wealth Read More »
Dear Financial Samurais, The May CPI came in lower than expected at +0.1% MoM and +2.4% YoY, with core inflation at +2.8%. These are relatively benign figures, especially considering May was the first full month potentially impacted by the tariff debacle. The cooler inflation data has revived expectations for two Fed rate cuts. Unfortunately, renewed
Newsletter For June 15, 2025: AI Momentum Is Reaccelerating Read More »
I recently received a question that boils down to this: How do you know when you have enough money? And once you do, when is it time to shift from chasing excess returns to simply maintaining what you have? There are several ways to approach this question, which I’ll explore in this post. I’ve come
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I’ve been focused on building passive income since 1999, back when I had to be in the office by 5:30 a.m. and worked past 7 p.m. often. Weekends were another eight hours or so. I knew I couldn’t sustain a traditional 40-year career working those kinds of hours, so I began saving and investing aggressively
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Have you heard of the no-spend chalenge? It’s a popular concept among budget-minded and minimalist bloggers who encourage us to save more and declutter our lives. The idea is simple: stop spending on non-essentials for a set period and see how much you can save. The more you save (and invest), the sooner you’ll achieve
The Time To Participate In A No-Spend Challenge Is Now Read More »
I’ve been using Empower’s free financial tools, previously know as Personal Capital, to track my net worth, manage my cash flow, and optimize my investments since 2012. Empower is a leading wealth management and retirement services company in the US that helps individuals like you and me grow, manage, and plan our financial futures. Let
Empower Review 2026: Best Personal Finance Tool Read More »
If you are a parent, your mission is clear: develop into a rich Bank of Mom & Dad to save your children. Without your financial support, they might never launch. If you don’t have wealthy parents yourself, then unfortunately, life might stay on hard mode forever. It’s up to you to break the cycle for
Rich Banks of Mom & Dad Are Everywhere—Accept It and Adapt Read More »
There is more wealth out there than you think. But the government and media sometimes likes to trick us into believing there is not. Government data says the median net worth in America is around $200,000. Meanwhile, the media keeps highlighting financial struggles, convincing us there’s a looming retirement crisis. But what gets overlooked is
The Rise Of Everyday Middle-Class Multi-Millionaires 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
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