Finding a better job

Intro: Last week I wrote about how much easier it is for people with above-average incomes to retire early.  For people with low-to-average incomes, it takes significantly longer. After optimizing expenses as best as possible, it makes sense to also chase higher incomes, particularly for those that don’t already make a killing as it is. […]

The dirty little secret about early retirement

Intro: Here’s the dirty little secret you won’t hear too often in the early retirement community: income matters, A LOT.  A typical handling of the income conundrum goes something like this: “Yeah, it can be hard to retire early / save a lot with lower incomes, but it is still possible if you are determined.”  The sad reality […]

Random financial tips

Intro: I’ve come across a few interesting / relevant ideas lately.  There isn’t exactly a thematic coherence between these financial tips / this financial advice, but it’s worth sharing. Random financial tips: HSA (Health Savings Account) can be used as a super-charged retirement account.  Here’s how it works.  Contributions aren’t taxed. Contributions can be invested […]

The Trimurti of Household Budgeting

Intro: Personal finance types, myself included, often recommend making small lifestyle changes to save more money for retirement.  A prominent example is the latte effect, which holds that cutting out a daily cup of coffee can theoretically save 1,000’s of dollars (it can).  This kind of advice, however, really gets under some people’s skin. Take […]

The case against socially responsible investing (SRI)

Abstract: As attractive as it sounds, investing with a bleeding heart only leads to a bleeding portfolio.  Socially responsible investing costs both you and the causes you care about a lot of money and goodwill.  There are better ways to both invest your money and affect positive change in the world. Specifically, over 10 years […]

Some thoughts on timing the stock market

Commentary: Earlier in the year I wrote about how to get a good deal on stocks.  The post was called “happy hour at the stock market.”  A quick summary of the article is as follows: Stocks can be expensive and stocks can be cheap. It is in your best interest to buy when stocks are […]

How to use a ROI

Introduction: ROI is a comparative financial performance measure that stands for return on investment.  The technical formula for ROI is: (gain from investment – cost of investment) / (cost of investment) In other words the formula is simply net profit divided by total cost. To put it in concrete terms, let’s say that someone invests […]