Have you thought about retiring early? Maybe in your 30s? 40s? 50s? One couple, Billy and Akaisha Kaderli, did just that. They saved up $500k by the time they were 38 years old, in 1991, invested it, and called it a career. Now, 30 years later, their portfolio is worth $1 million. Adjusting for inflation, […]
Mortgage rates have never been lower than they have been in recent years. Throughout the 1970s to 1990s, mortgage rates were almost exclusively in the double digits, sometimes being as high as credit card rates are now. So it makes a lot of sense for older generations to recommend that you should pay off your […]
Over the last 35 years I was an employee for 24 years, and full-time self-employed for 11. Those first 24 years were critical in enabling me to do the work I do now through my businesses, but as far as direct compensation, they left a lot to be desired, and in some cases actually cost […]
One of the best ways to save money and get your budget back on track is to review what you’re currently spending money on. It is a lot easier to spend less money than it is to make more money — so that’s where I like to start. When you start looking into your budget, if you’re […]
One of the biggest reasons for financial stress I’m seeing recently is the normalization of debt. This leads to many young adults being financially overstretched, and loaded down with student loans and consumer debt before they even start the real business of adulting. I’m also hearing the phrase ‘good debt’ a lot in the personal […]
Making a major purchase can be stressful or exciting. If most of yours feel stressful, it could be because you’re simply not at peace with the idea of spending that much money on that particular thing. Ask yourself these questions about any major purchase, to feel a lot more comfortable with your decision. Do I […]
If you’ve never been a saver, you might have no idea where to start when it comes to saving money rather than spending it. It sounds like it should be simple, but if it were, everyone would have savings, and according to Statista, almost half of Americans didn’t, even before the crisis year of 2020, […]
You can easily find reviews online to help you evaluate doctors and lawyers, but when it comes to choosing a financial advisor, you’re mostly out of luck. In fact, the US government has made it difficult for Americans to evaluate financial advisors based on reviews from their clients dating back to 1961. But a new […]
Actively managed ETFs were first launched in the U.S. in 2008 offering benefits previously unavailable to investors. But their popularity remained limited until 2019 due to portfolio disclosure requirements favoring mutual funds as the preferred vehicle for active management. However, an announcement by the Securities and Exchange Commission in November 2019 permitting new types of […]