Chopping the budget isn’t the only way to get there. “Too long a sacrifice can make a stone of the heart. O when may it suffice?” –William Butler Yeats One of the quickest paths to financial independence is to have a two-paycheck family but only live on one of them. Thomas Stanley, the author of … Read more
“I try not to be surprised. Surprise is the public face of a mind that has been closed.” –Bernard Beckett In my previous company, when we started out, we flew by the seats of our pants. Not so much flew as skidded across the runway, trying desperately to reach launch velocity or whatever it is … Read more
“I said that the monkey brain cure itself is a certain leaf, but in addition to the drug there is a certain charm, which if someone chants when he makes use of it, the medicine altogether restores him to health, but without the charm, there is no profit from the leaf.” –Plato When I was … Read more
“…back-door payments or hidden fees for steering people into bad retirement investments that have high fees and low returns…” –Barack Obama On February 23, 2015, President Barack Obama threw his support behind a forthcoming (as of the writing of this article, it had not been released) Department of Labor fiduciary standard. According to a White … Read more
“The wise man puts all his eggs in one basket and watches the basket.” –Andrew Carnegie Imagine this situation. You’re a 65 year old male, and you need to get an annual income which represents 6% of your overall assets in order to live. You want to retire, so working more isn’t an option. Neither … Read more
Linking Your Schwab Account Back to USAA This section assumes that you have already set up a Schwab account. If you have not, please scroll down further for instructions on how to do so. Steps to take to link your Schwab account back to USAA: Click on the button to link your Schwab accounts to … Read more
If you’re close to your retirement age and discover that you don’t have enough saved up, is all lost? Unfortunately, planning to work until the day you die probably isn’t a viable plan. The answers aren’t easy; here are a few things you can do. Take a look at the video below and find out … Read more
There are times when I don’t care if you have a car loan for this. “If we could sell our experiences for what they cost us, we’d all be millionaires.” –Pauline Phillips I am not a fan of consumer debt. I have gone on the record as saying that there is no such thing as … Read more
“Amidst all the hype and hoopla around this financial business, I wanted to emphasize the challenge—it is seductive but the failure rate is very high. And those who fail have no good place to go.” ― Mahendra Ramsinghani I’ve been fortunate enough to have a company where I eventually saw three different offers for either … Read more
“I collect friends and experiences.” – Amanda Hilligas As you may know, I am a huge fan of traveling. It is one of my priorities in life, so I make sure that I set aside time and budget for travel. I’m also fortunate to have friends who are located in some pretty cool places in … Read more