People frequently wonder, "how much should I be saving?" You want to make sure you're saving "enough," but is there such a thing as saving too much? How do you decide how much that is? In most cases, people under-save, but there are also outlying cases that people over-save to the point that it actually … Continue reading How much should I spend to be happy?
In 2017 I graduated with my MBA in Finance and then went to work for a Fortune 50 company as a Senior Financial Analyst. When I would tell people where I worked and what I was doing, many would be impressed. According to conventional wisdom, I had made it. I was working for a market … Continue reading 5 reasons why I joined a startup
If you want to achieve financial independence, it's essential that you understand the different ways to earn money. I first learned about this concept years ago when I read Robert Kiyosaki's book called The Cash Flow Quadrant. That book helped me to better understand what types of income I needed to pursue if I wanted to be … Continue reading Multiply your income using the Cashflow Quadrant
Not too long ago, I was discussing with my coworkers our company's best perk-- the 8-week maternity/paternity leave. While we were raving about how amazing it is to have an extended time away from work (my two co-workers are mothers and had used this policy) it made me wonder "would the company be okay with … Continue reading Are you unconsiously building your own prison?
When my wife and I first got married we decided to go on a cruise for our honeymoon. My wife spent hours doing research on the best way to get to the cruise port at the absolute lowest cost possible. She decided to take the bus from the airport to the cruise port because it … Continue reading Why I don’t have an FI number
How many times in your life have you ever thought to yourself, "this isn't a big deal, this [insert purchase] only represents [insert number of hours] of my life." The most common example I can recall is going out to eat. Let's say you want to go all out and get that $50 steak, and … Continue reading What is your true hourly rate
For my 9-5 job, I work as a financial analyst for a Fortune 50 company. This company spends billions of dollars each year in order to manufacture high-end technology. My job is to forecast depreciation for the entire company. I'm going to get a little "financy" here for a minute, so hang with me-- I … Continue reading Be careful before you lay the concrete
If you're into personal finance you've probably heard the term "financially independent," but what does that even mean? Financial independence is the ability to live off the income of your own personal resources. Those personal resources could be stocks, bonds, real estates, businesses, annuities, royalties, or any other investments. Being financially independent (abbreviated as FI) … Continue reading What is financial independence?