Only The Rich (Or Fools) Can Afford To Buy New Cars Today
As someone who is planning to buy a new car by 2025, I’m having second thoughts. With the average new car price at almost $50,000,...
You Will Always Regret Sacrificing Love For Money
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...
How Landlords Can Create Teachable Moments For Their Kids
I have a love-hate relationship with owning real estate because something always comes up. The more physical rental properties you own, the more problems you...
How One Man Negotiated A $40 Million Mass Severance Package
Although it’s a bummer to hear about more layoffs, I also feel a lot of hope and excitement for those who have lost their jobs...
The Difference Between Active Income And Passive Income
After writing about building passive income since 2009, people still seem to be confused about the difference between active income and passive income! Let me...
Short-Term And Long-Term Capital Gains Tax Rates By Income
Do you need more incentive to generate passive income in order to give yourself more freedom? Then look no further than the below two charts....
The Best Reason To Retire Early: Years Of Greater Happiness
I’ve finally discovered the best reason to retire early. A longer steady-state period of happiness. It has taken me 10 years of fake retirement to...
Rolling Over Leftover 529 Funds Into A Roth IRA: Who Really Benefits?
A 529 plan is one of the best generational wealth transfer vehicles. Instead of just giving our kids or grandchildren money, it’s way better to...
Why Early Retirement / FIRE Is Becoming Obsolete
Early retirement / FIRE is becoming obsolete and that’s a good thing! No longer do you have to grind as hard and save as much...