In 2017 and 2019, I superfunded two 529 plans for my two children. Since then, my wife and my parents have also regularly contributed to the two college savings plans. You would think with all this aggressive saving, I would feel confident we’ll have enough saved to pay for college. But I’m still unsure. Given […]
A 529 Plan Is Not Enough To Pay For College, We Must Save More Read More »
Everyone aspires to be a self-made millionaire, but surprisingly, there are fewer self-made millionaires than commonly thought. Before finding out the answer, what percentage of millionaires do you think are self-made with no inheritance or significant financial help from their parents or relatives? Here’s a Bank of America Private Bank Survey of Wealthy Americans that
Fewer Self-Made Millionaires Than You Think: A Problem? Read More »
In 2024, I am transitioning from a spender to a saver’s mindset out of necessity. I am returning to frugal habits reminiscent of my lifestyle in the first thirteen years after college. This change is prompted by the need to rebuild liquidity. One area I’m targeting to cut expenses is food. After a three-month experiment
How Couples Can Adopt The Same Financial Goals And Win Read More »
I’ve been writing year-in-review posts for over a decade now. It’s a rewarding way to document what went well and where I can improve. While 2023 brought more failures than wins, being alive and healthy fills me with gratitude. My theme for 2023 was “Back To Easy Living.” After an exhausting pandemic period, I aimed
2023 Financial Samurai Year In Review: More Fails Than Wins Read More »
While watching some competitive 5.0 tennis, a top 1% level, I suddenly started to reflect on why the window of opportunity that many of us have is smaller than we think. From 2015 until 2021, I played at the 5.0 level. I lost 69.3% of my matches, but USTA’s computer algorithm wouldn’t drop me down
Your Window Of Opportunity Is Smaller Than You Think Read More »
House rich, cash poor is when you have a lot of equity in your house but not a lot of cash. For whatever reason, a homeowner has untapped equity in their property but is unwilling or unable to withdraw it. Due to excessive spending habits or financial responsibilities, the homeowner feels poor. After paying for my
House Rich Cash Poor Is A Terrible But Fixable Situation Read More »
Let’s take a look at how Fundrise is doing and its business outlook for 2024 and 2025. Fundrise put to work over $800 million in cash since the beginning of 2023 to take advantage of real estate deals. For 2024, Fundrise is continuing to invest in attractive real estate opportunities and believes real estate prices
How Is Fundrise Doing? Business Outlook For 2024 And 2025 Read More »
Fundrise is one of the leading real estate crowdfunding today. They were founded in 2012 after the JOBS Act was passed and have grown into one of the largest and trusted platforms. This post will highlight Fundrise performance and growth figures. Fundrise is a vertically integrated online real estate company that enables non-accredited investors buy
Fundrise Performance And Growth Figures: A Top Real Estate Platform Read More »
Everybody knows that being a long-term investor is the way to go. The longer you can stay invested in the stock market and real estate markets, the greater your chances of making more money. There’s just one big problem with being long-term investors. We eventually all run out of time. And if we run out
The Biggest Problem With Being A Long-Term Investor Read More »
Empower surveyed 2,304 U.S. adults about financial happiness. And one of the most fascinating data points from the survey was that Millennials need to earn $525,000 a year to feel happy! Obviously, this is just one survey that doesn’t reflect all ~73 million Millennials born between 1981 – 1996. However, the income figure needed to
Why Millennials Need To Earn $525,000 A Year To Feel Happy Read More »
