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By this point, the majority of us know what house hacking is. It is the idea of purchasing a multi-unit property, living in one unit, and renting the other(s). This is one of the best strategies...
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You’ve just had a child or you’re watching your child grow up—and the specter of college lingers in the back of your mind. How do you start saving for college? What vehicles exist? How much should...
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In a troubling financial analysis, Financial Samurai recently penned a post outlining why he thinks you’ll need $8 million for a “modest retirement.” If you just choked on your coffee, you read correctly. He argues you...
Most people think they’re financially stable.And yet most Americans have less than $1,000 in savings—one of many indicators that they are not, in fact, financially stable.
Creating true financial stability is the first step on the ladder to becoming wealthy....
Your credit score is a crucial factor that can determine your ability to buy a house. Credit scores are powerful indicators of creditworthiness and the likelihood of default, especially when applying for mortgages. When it comes to buying a...
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Years and years ago, when I first started in real estate investing in my mid-20s I paid off all my bad debt in two years.
I had college loans, a lot of credit card debt, bad debt...
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Sitting down to iron out estate planning issues isn’t what anyone would consider a fun way to spend an evening, but taking the time to do it now while you are healthy, especially during an unpredictable...
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We all make financial mistakes. Sometimes, those mistakes end up costing us so much that we dig a hole we can’t climb out of.
As embarrassing as bankruptcy is, the gift of a fresh start is often...
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You know that scene in a movie when the protagonist gets a call saying they’ve been named the trustee or executor of a million-dollar estate? That doesn’t really happen that often. But if it does, you’ve...
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What does “wealthy” mean, anyway?
Almost no one even thinks of themselves as “wealthy.” No, really—only 28% of millionaires consider themselves rich.
Even our conceptions about what being wealthy looks like are mostly wrong. Fancy cars? Sprawling houses?...
