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What Will August Bring…

Updated: 02/08/2021 by Financial Samurai 1 Comment

Ah the end of summer is quickly approaching. What will August bring this year? I had lunch today with one of the co-founders of BuzzLogic. We caught up on life and discussed the world of online social media.

If you don’t know about BuzzLogic, the company is one of Silicon Valley’s great start ups. They got into the blogging world early. BuzzLogic developed a unique technological platform and a fantastic premium display ad network. It maximizes the returns of advertisers and publishers alike. If you’re an advertiser or publisher, it’s definitely worth a look.

Related: How To Start A Blog: Insights Into Building Your Own Website

What Will August Bring?

The funny thing is, my friend and I have been playing poker together for the past couple years, and I had no idea what he did. I just assumed everybody was a poker junky.

Anyway, I did my best to blend in. Often times I tried to beat the lowest denominator on the dress scale. My go-to was raggedy sweats and a soiled baseball cap.

Perhaps they’d have mercy on me given my appearance, or perhaps they’d smell blood and bulldoze me over! Both strategies have their strengths and weaknesses. But after a while, they all figured out I’m one of the tightest players at the table.

At any rate, it just goes to show you how small the world is. So be nice to everyone, especially in a big city. While you’re at it, work on improving your emotional intelligence. You’ll make more friends, and get farther in your career and life.

Let’s Make A Difference This August

My friend shared with me many great tips for Financial Samurai, one of which I will implement today. At the end of every month, I will produce an “Editorial Calendar” with a theme for the following month.

Given that it’s only a matter of time before the unemployment rate breaches 10% nationwide, many of August’s entries will be related to the intricate world of employment.

From interview tips, to maximizing your chances of getting your foot in the door, to getting ahead in your career, I’d like to share some of my strategies and experiences.

In addition, I want to highlight posts from the personal finance community to analyze and discuss. I’m confident that we can collectively help make a difference.

“How High Can Unemployment Go Before We Derail?”


“To MBA Or Not To MBA”


“Do Rich People Try Harder?”

Increase Your Knowledge And Make More Money

Here are some additional personal finance resources I’ve put together. I hope they will help you on your financial journey. With more knowledge you can earn more, save more, and have a comfortable retirement!

  • Take advantage of free online financial tools: Free Wealth Management
  • Explore my top financial products recommendations
  • Learn how much you should aim to have saved in your 401(k) by different ages. The numbers could surprise you.
  • Look beyond your salary and start earning passive income. Here are the best passive income streams I recommend.

Have a wonderful weekend everybody and stay frugal!

Keigu,

Financial Samurai – “Slicing Through Money’s Mysteries”

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Filed Under: Career & Employment, Education

Author Bio: I started Financial Samurai in 2009 to help people achieve financial freedom sooner. Financial Samurai is now one of the largest independently run personal finance sites with about one million visitors a month.

I spent 13 years working at Goldman Sachs and Credit Suisse. In 1999, I earned my BA from William & Mary and in 2006, I received my MBA from UC Berkeley.

In 2012, I left banking after negotiating a severance package worth over five years of living expenses. Today, I enjoy being a stay-at-home dad to two young children, playing tennis, and writing.

Order a hardcopy of my new WSJ bestselling book, Buy This, Not That: How To Spend Your Way To Wealth And Freedom. Not only will you build more wealth by reading my book, you’ll also make better choices when faced with some of life’s biggest decisions.

Current Recommendations:

1) Check out Fundrise, my favorite real estate investing platform. I’ve personally invested $810,000 in private real estate to take advantage of lower valuations and higher cap rates in the Sunbelt. Roughly $160,000 of my annual passive income comes from real estate. And passive income is the key to being free.

2) If you have debt and/or children, life insurance is a must. PolicyGenius is the easiest way to find affordable life insurance in minutes. My wife was able to double her life insurance coverage for less with PolicyGenius. I also just got a new affordable 20-year term policy with them.

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Comments

  1. Resort At Squaw says

    July 31, 2009 at 10:11 pm

    RB – Looking forward reading the series about unemployment. It's been especially tough for a lot of us in the outskirts of major cities, such as where I am now in beautiful Lake Tahoe. I would estimate unemployment to be closer to 15% where we are. Rough!

    Reply

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