After delving into the exorbitant prices of new luxury cars, I’ve come to the realization that a larger segment of the population is purchasing such vehicles than I initially thought. This trend poses a significant problem for those striving for financial freedom, which is why I’ve come up with the House-To-Car Ratio guide. I see
The Right House-To-Car Ratio For Financial Freedom Read More »
I’ve faced interesting criticism for encouraging my wife to re-enter the workforce after she left in 2015. However, it’s important to clarify that she hasn’t been truly retired. Instead, she has been actively engaged as a full-time mom since 2017. In addition, she has helped do a lot of the operational and editorial work for
Life Insurance Is A Reason Why Your Spouse Doesn’t Need To Work Read More »
Zillow recently released an intriguing study that outlines the income needed to afford a “typical home” in different cities. The study considers a 10% down payment and utilizes the Zillow Home Value Index to determine the median home price in each city. A 10% down payment is lower than my recommended 20% down payment based
Income Required To Afford A Typical Home By City In 2025 Read More »
With negative cash flow, I’ve embarked on a mission to trim unnecessary expenses from my budget. In times of surplus cash before my home purchase, I hadn’t scrutinized my expenses for years. It’s not that I was lazy about budgeting; instead, I’ve always embraced the “pay myself first and spend the rest” strategy. Each month,
Three Sneaky Expenses That Are Ruining Your Budget Read More »
Net worth composition for the top 1%
Obtaining A Top 1% Net Worth Is Easier Than Ever Before Read More »
Now that cash flow is tight, I’ve reviewed all the expenses where I could potentially cut. One such expense is a private sports club membership. I joined the club in February 2023 when it was raining nonstop for three months. I was getting cabin fever so I decided to pay $180 a month for access
A Private Sports Club Membership Is Well Worth The Cost Read More »
Money is great. Money provides freedom. But you will always regret sacrificing love for money. When you get older, you will realize how true this statement really is if you haven’t found someone. Life is simply not as fun if you don’t have someone to share it with. Further, finding “the one” might also want
You Will Always Regret Sacrificing Love For Money Read More »
In general, the longer you stay invested, the greater your chance of making money. To help you maintain a long-term investment approach, it’s imperative to develop an investment thesis. Drawing from my experience in investing since 1995, it’s sometimes easy to get shaken out of a particular investment. Or it’s easier for some people to
An Investment Thesis: The Key To Making More Money Long Term Read More »
Wealthfront was launched in 2011 and is the original online financial advisor (robo-advisor) in the industry. Based in Silicon Valley, Wealthfront was the first to reach $1 billion in assets under management (AUM), and now has over $20 billion in assets under management as of 2024. Here is a comprehensive Wealthfront review. The reason why Wealthfront is
Wealthfront Review: A Leading Robo-Advisor Read More »
During my time living abroad, about 90% of my friends were fluent in a second language besides English. This high percentage was expected, given that most of my classmates at the International School of Kuala Lumpur and Taipei American School were foreigners, where being bilingual or multilingual was the norm. Upon relocating to McLean, Virginia,
The Value Of A Second Language: How Much Money To Be Fluent? Read More »
