The smartest people in the world are listeners, not speakers. If all you’re doing is speaking, how do you learn anything new? To get ahead, you need to be smart enough to act dumb. You need to also learn how to convince people you’re not very good at what you do to lower expectations. If […]
Are You Smart Enough To Act Dumb Enough To Get Ahead? Read More »
One of the funniest things I’ve come across are people who want to gain experience, but aren’t willing to sacrifice. Changing jobs or industries means you’ll likely need to take a pay cut and put in a lot of time. Several years ago, there was a lot of debate regarding employers taking advantage of their free interns. So, like
Changing Jobs Or Industries? Take A Pay Cut And Swallow Your Pride Read More »
In the spring of 2012, I took a leap of faith and retired from investment banking for good. Here is my story about retiring early to focus on travel, writing, and eventually becoming a full-time dad. In July 2009, I kickstarted the modern-day FIRE movement by launching Financial Tips and writing about my plans to
Taking A Leap Of Faith And Retiring On My Own Terms Read More »
An adjustable rate mortgage (ARM) has an interest rate cap. This article will explore how much an ARM mortgage interest rate can go up after the introductory fixed rate period is over. In general, the average maximum ARM adjustment up during the first year is 2%. Due to the limit in how much interest rates
How Much Can An Adjustable Rate Mortgage Go Up After The Fixed Period Is Over? Read More »
The cost of childcare is high. The cost of fourth trimester childcare, the three months after your baby is born, may be the highest! Not only are you dead tired during the first three months after you baby is born, you may want to spend up to get some night doula or au pair help.
The Cost Of Fourth Trimester Childcare: Potentially $40,000 And Up Read More »
Fight for financial independence every day. There’s something really confusing that maybe you can help explain. I don’t understand why some people criticize others for doing the following: Saving and investing more than 20% of their income Taking stock of all their cash during times of volatility Working more than 50 hours a week Developing side
Fight For Financial Independence Every Day Read More »
In the great debate between real estate versus stocks, I give a slight nod towards real estate. When I was young, I wanted real estate because having it felt like I had arrived. Now that I’m middle-aged, I want real estate so I can provide a stable environment for my family. After taking over 500
Real Estate Is A Hedge Against Many Bad Things In Life Read More »
If you want to save money on property tax, please don’t call the assessors office to update your city property records. Instead, let the inefficient, bureaucratic machine take its sweet time! The property assessor’s goal is to try and extract as much money from homeowners as possible. Your goal as a homeowner is to save
To Save Money On Property Tax Don’t Update Your City Property Records Read More »
Europeans see money differently from Americans. Where Americans are obsessed with money, Europeans seem to have a lighter approach about money. In other words, Europeans work to live while Americans live to work. After almost finishing my loop around Stonehenge, I stumbled across a French woman who was lying on the ground sideways. She adjusted
How Europeans See Money Differently From Americans Read More »
One of the things many responsible parents are doing today is saving for college, usually in a 529 plan. Not saving for college and expecting a student loan bailout in the future is bad planning. The same goes for not saving for retirement and hoping the government will take care of you once you can
Child Millionaires: Not Necessary Thanks To Canceling All Student Debt Read More »
