Jul 30, 2018
How can a family of four shift from earning two incomes to one, while still pursuing financial independence?
How would a 55-year-old couple with $2 million saved know if they're ready to retire?
Can parents use leftover money in their 529 plan to help their daughter with her college loans?
If you start a job with an...
Jul 23, 2018
"I'll get around to rolling over my 401k ... next week."
"Eventually I'll switch to a cheaper insurance plan."
"I really should move my portfolio into lower-fee funds."
"Yeah, yeah, I know I should create an estate plan. I'll do it later."
We know how to improve our financial lives. We know what steps we ought to...
Jul 16, 2018
Should you buy a rental property that mandates HOA payments? How do you adjust for cap rate over the years, as the property's rent increases with inflation? Should you buy an $88,500 house that rents for $1,250 a month? And can you dive into detail about how you work with contractors and property managers?
Jul 9, 2018
Five years ago, at age 29, Kim E. started her first professional, salaried full-time job, working as a firefighter for the City of Austin, Texas. She received a starting salary of $42,000.
Today, five years later, she has saved:
- one year's salary ($40,000) in an emergency fund
- one year's salary ($42,000) in a...
Jul 7, 2018
There’s a famous quote that’s attributed to Henry Ford. The
quote says, “If I had asked people what they wanted, they would
have said faster horses.”⠀
There’s no proof that Henry Ford actually said this. But whether or not that quote is historically accurate, the point remains. If Elon Musk had asked...