Everybody wants to become a millionaire. Unfortunately, not everybody’s chances of becoming a millionaire are the same, partially because the playing field is not even. This article looks at historical data on your chances of becoming a millionaire by race, age, and education. Getting to at least one million dollars in net worth is a […]
Your Chances Of Becoming A Millionaire By Race, Age, And Education Read More »
Do you make as much as a union worker electrician? Chances are greater than 50% you do not. This post explores how people with regular jobs can make six figures a year no problem. The media loves misery. There’s definitely a lot of bad out there, but does the media really have to focus on suffering
Do You Make As Much As A Union Worker Electrician? Read More »
Are you looking to learn how to better manage your 401(k) for retirement success? You’re in the right place. At 34, I managed to grow my 401(k) to over $500,000 during my relatively short 13-year career working in finance. Today, my 401(k) is now worth over $1,200,000, which is now a rolled over IRA after
How To Better Manage Your 401(k) For Retirement Success Read More »
The NY Fed, Federal Reserve, Bureau of Economic Analysis, and Morgan Stanley put out a series of fascinating household debt charts we should all be aware of. The charts show the household debt composition mix over time. Excessive debt is what makes extremely rich people go broke. Leverage is what crushed the economy once the
Household Debt Composition Mix Over Time: Student Loans Way Up Read More »
Are you wondering how long does it take to get a life insurance payout? The short answer is 30 days on average to get a life insurance payout. Let’s explore more what may affect the length of time it takes to get a life insurance payout. After successfully doubling my life insurance coverage for less
How Long Does It Take To Get A Life Insurance Payout? Read More »
The best way to fix your credit score is to fight back online. When I found out Pacific Gas & Electric (PG&E) destroyed my credit by 100 points for an $8 non-payment by my tenants who moved, I was devastated! I was more than 80 days into my primary home mortgage refinance when my bank
The Best Way To Fix Your Credit Score: Fight Back Online! Read More »
Many of us are now looking for viable ways to make money from home. One way is by self-publishing a book. During my research I came across a fascinating self-publishing book scam every crooked politician would be proud of. I’m assuming that the more dire the economy gets the more scams there will be. The
A Self-Publishing Book Scam That Took Down A Greedy Politician Read More »
Creating next-level wealth is all about next-level thinking. When you first graduate from school, you may have a desire to make six-figures a year. Then once you make six-figures and get taxed out the wazoo, you start wondering how to create next-level wealth. Next-level wealth is based on net worth, not income. Earning a top
How To Create Next-Level Wealth: When A Million Just Won’t Cut It Read More »
This post will explore the retirement savings by age in America. Unfortunately, the retirement savings by age is pretty low, which is why Americans need to work longer. From a personal finance writer’s point of view, I found a pot of gold with the Economic Policy Institute’s report looking at the state of American retirement.
Retirement Savings By Age Show Why Americans Are Screwed Read More »
Here’s my July 2020 recap. From now until the end of the year. I’ve decided to focus mainly on the positives. It’s too easy to get caught up in the negatives, which is why I’ve significantly reduced my consumption of news and time spent on social media. In March 2020, I was hopeful that by
July 2020 Financial Tips Recap: Dada! Read More »
