I’ve always had a real problem with authority. Especially the incompetent kind. If someone tells me not to push the red button, they’d better give me a damn good reason. It’s part due to my curiosity, and part the rebel in me.
If you have a somewhat-above-average professional salary, saving at least half of your income is totally doable. I’ve been doing it for many years, even while I was the sole wage earner for a family of four living in high-cost California.
There’s a certain satisfaction to leaving a job on your own terms. After years of being told what to do and how to do it, the tables are turned, for just a moment. I am now 2 weeks away from having that conversation once again.
Given the number of self-help books, motivational speakers, and online forums dedicated to discipline, I think it’s safe to say that lots of people realize they need discipline, and many struggle to obtain it. Discipline is one of the two primary keys to wealth.
A 5th grade mind is a terrible thing to waste. Ok, any mind is a terrible thing to waste…. I think it’s great that our schools are trying to teach kids about money. Too many people grow up to adulthood without any fundamental understanding of how to achieve financial stability and,
Any time you can get more money into tax-advantaged accounts, like IRAs, 401ks, and HSAs, I say do it. I am always scheming for new ways to take advantage of these types of accounts because they’re awesome.
Ah yes, the eternal question: What makes you happy? Being happy is, after all, the ultimate challenge in life, the holy grail. Everything we do to make money or to gain power, status, or success – is ultimately because we seek happiness.
Every few years I get a statement from the Social Security administration about my future Social Security benefits. As a Gen Xer and an accountant, I’ve long known that my Social Security is not very secure. I likely will face reduced benefits,
That’s it folks! It’s time to declare the untimely demise of “Early Retirement”. The future is unsettled. Early Retirement Dreamers can no longer stake their future on unreliable statistics and uncertain projections. Early Retirement is dead! Long live Early Retirement!
Despite all the shade thrown on 401k plans in the press this year, I would gladly take a 401k over other retirement account alternatives. The individual choices and flexibility of 401ks can be outstanding for those who know how to use it,
One of my best friends from college, Bob, came over for dinner last week. We were discussing my plans to quit my job and take a Family Gap Year in South America, and he said something that really stuck with me.