The Minimum Investment Amount Where Work Becomes Optional
In a previous post, I discussed the futility of working when your net worth is declining. During a stock market crash or recession, your Return...
The Pointlessness of Working When Your Net Worth Is Declining
The latest stock market correction cost me about five times what I made consulting part-time for four months. If I were smarter, I would have...
Creating Connections To Save Money and Get Better Service
Life is easier when you can make a positive connection with other people. As I discovered recently, creating a connection with your service provider can...
Stock Market Crashes Can Change Your Life For The Better
On July 16, 2024, we had a mini-stock market crash with the S&P 500 declining from 5,667 to 5,186 by August 5, 2024 (-8.5%). The...
How To Decumulate Wealth: A Practical Guide
Starting at age 45 in 2022, I consciously started focusing on decumulating wealth. I realized that my life was likely half over, and I needed...
Mental Health’s Impact On Life Insurance Coverage And Pricing
In today’s world, we are increasingly aware of the challenges that affect our mental health. Many of us experience mental health conditions ourselves or know...
Money Dysmorphia May Be Growing Inside You: Let’s Cure It
Money dysmorphia is a negative and unrealistic perception of one's financial wellness or position. If you have money dysmorphia, you might constantly worry about your...
The Economics Of Being A Childless Cat Lady Or Gentleman
With elections approaching, let the political mudslinging and insults begin! This time, its regarding being childless and loving cats. Republican VP nominee JD Vance said...
A Parent’s Existential Crisis: When All Financial Obligations Are Met
After publishing my post, “When To Stop Contributing To A 529 Plan,” I felt a sense of emptiness. For years, I had been trying to...