General Finance

What I gained from my first job

By: Wise Mind Money When I turned 16, I got two things that changed my life. A car. And a job. The car, a 1996 Chevy Monte Carlo, had a...

General Finance

General Finance

What Experiencing a Job Layoff is Actually Like

By: Matt Spillar We all have those friends on social media that portray their life as perfect. They’re always eating at some trendy new restaurant or taking an exotic vacation that looks amazing. The truth is, their life isn’t perfect. If you pull back that curtain and dig deeper you find that...

General Finance

Why I’m paying my home loan off early instead of investing

The problem is simple, do I pay off the bond and be debt free, or do I keep paying debt and invest at the same time? For this example, we will look at a home loan of R1,400,000 paid monthly over 20 years at an interest rate of 10.5%. Then, along with paying off the bond, …...

General Finance

What Can You Accomplish In A Year?

By: Life Zemplified Do you have an idea to explore or a desire to do something but still find yourself procrastinating? Then I challenge you to not only consider what you can accomplish in a year but actually take steps today to start on your way. My blog (Life Zemplified) is now one year old....

General Finance

It’s Time To Get Uncomfortable

When we sold our house and parted ways with my 9-5, I struggled with what to call this crazy adventure. Was it a sabbatical, a mini-retirement, a break, a cleanse, an experiment, or maybe something completely different? I settled on “mini-retirement”, but given how much work I’ve been doing,...

General Finance, Other

Trinity Study in Another Dimension

The following is a guest post from the Actuary on Fire. When you come to retire, how much of your nest egg will you spend each year? 4%? Right, I get it, you’ve done your homework on the ‘Trinity Study’ that originated the ‘4% Rule’. But have you looked at the Trinity Study from another...

General Finance

Why Households Need To Earn $300,000 A Year To Live A Middle Class Lifestyle Today

Let me tell you a sad story. In order to comfortably raise a family in an expensive coastal city like San Francisco or New York, you’ve got to make at least $300,000 a year. You can certainly raise a family earning less as many do, but it won’t be easy if your goal is to …...

General Finance

The Bubble That Could Ruin Your Retirement

This week is Bear Week. My Sons Father introduced me to bear week. Those that know me know that I am always a bit bearish. A copy of The Bear Dance hangs in my office and I’m probably in the minority with a framed stock certificate of Lehman Brothers. I anticipated my bear week post to come to...

Blog, General Finance

★ Why We Share Our Net Worth So Openly

Please welcome Mr. 1500 Days today, as he stops by to drop some knowledge on net worth and why our community is so open to sharing theirs. Is the guy driving the fancy car wealthy? When I was a kid, I thought so. And I thought the same about my classmates whose parents took them …...

Blog, Building Wealth, General Finance

★ 38 Money Tips from the Rockstar Community

When no one talks about money, everyone sucks at it. When everyone sucks at money, no one wants to talk about it. And when people do talk about money, everyone gets better at it. When everyone is better with their money, they are more likely to talk about it. It’s either a problem that feeds...