Finance Xpress

One of the reasons why I continue to save so much is that I’m a perpetual failure. I’ve made so many mistakes in my life that I need a financial buffer to constantly bail me out. If it’s not an investment mistake, it’s a career mistake. If it’s not a career mistake, it’s a lifestyle

The post Perpetual Failure: The Reason Why I Continue To Save So Much appeared first on Financial Samurai.

Practicing Stealth Wealth is the act of keeping your overall wealth a secret. It helps with keeping haters at bay and your family safe. For your mental health and family’s well-being, it’s much better to blend in with the majority than stick out when it comes to your finances. When it comes to money, people

The post Keep Your Donations A Secret: Donating Time And Money Is Personal appeared first on Financial Samurai.

It occurred to me while writing my book that a good percentage of you are HENRYs. A HENRY is a “high earner, not yet rich” consumer who is on the path to financial freedom. HENRYs mostly earn six-figure incomes who also save and invest aggressively. However, HENRYs often don’t feel rich compared to others. As

The post Are You A HENRY? High Earners, Not Rich Yet appeared first on Financial Samurai.

Making sure lifestyle inflation never gets ahead of our income and wealth inflation is a core fundamental in personal finance. Ideally, we want to widen that gap between income and expenses so that we can one day live free. However, what if you are already living free? Or what if your investment returns are so

The post Can Your Lifestyle Inflation Keep Up With Investment Inflation? appeared first on Financial Samurai.

The maximum 401k contribution limit for 2021 is $19,500. The maximum 401k contribution limit goes up to a record $20,500 for 2022. In 2019, the maximum 401k contribution limit was $19,000. Given the historical maximum 401k contribution limit tends to go up $500 every two or three years, we should continue to see 401k contribution

The post The Maximum 401k Contribution Limit: What You Could Have If You Max Out Every Year appeared first on Financial Samurai.

When it comes to your health, be risk-averse. When it comes to your money, you can be more risk-loving. After all, if your investment returns take a hit, you can always spend time earning back your losses through work. However, if you lose your health, you might never recover fully. Sure, having money to pay

The post Be Risk-Averse With Health, Risk-Loving With Money appeared first on Financial Samurai.

A mortgage broker works to help those seeking mortgages find the best lenders for them. A mortgage lender is a bank who decides if you qualify for a loan.A mortgage broker works to help those seeking mortgages find the best lenders for them. A mortgage lender is a bank who decides if you qualify for a loan.

The post Mortgage Broker vs. Lender – Here’s What to Know appeared first on Dough Roller.

To be savvy investors, we need to learn how to connect the dots. There are so many investment clues to discover all around us if we spend time observing. One of the dots I think I’ve connected is that health and fitness stocks are an intriguing laggard reopening trade. We are clearly in a bull

The post Health And Fitness Stocks: The Last Reopening Trade appeared first on Financial Samurai.

If there’s one thing I love, it’s living in a nice house. Nowadays, I spend between 18 – 20 hours at home on average. Robbers beware! Therefore, it’s only logical to own the nicest house I can comfortably afford. For those who went from being outside the house for 12 hours a day to now

The post The Best Time To Own The Nicest House You Can Afford appeared first on Financial Samurai.

For the longest time, I’ve wondered whether Social Security is a dependable source of income for traditional retirees. As someone still over 22 years away from being able to collect, it’s hard to believe in the system given it is already underfunded by ~22%. Therefore, when the Social Security Administration announced the cost of living

The post Social Security Cost Of Living Adjustments: Too High For Our Own Good appeared first on Financial Samurai.

With all the talk about rising rents and the overall strength of the U.S. housing market, I thought it would be good to see how Fundrise’s various real estate funds have performed in this environment. At the end of the day, we can talk all we want, investment performance is what matters most. Fundrise is

The post Fundrise Investment Performance Update: 3Q 2021 Review And Outlook appeared first on Financial Samurai.

Business checking accounts are essential if you own a small business. Here are the best bonuses and promotions on business checking accounts.Business checking accounts are essential if you own a small business. Here are the best bonuses and promotions on business checking accounts.

The post Best Bonuses for Business Checking Accounts appeared first on Dough Roller.

If the House Ways and Means Committee has its way, there’s a chance doing a Roth IRA conversion will be no more in 2022 and beyond. Frankly, I’m pretty agnostic to ending our ability to convert our traditional IRAs to Roth IRAs. To contribute to a Roth IRA in 2021, single tax filers must have

The post A Roth IRA Conversion Is Probably A Waste Of Time And Money For Most appeared first on Financial Samurai.

SPAC is an acronym that stands for Special Purpose Acquisition Company. SPACs have been making headlines primarily for helping some notable private companies go public. As a curious investor, it’s always good to explore new ways to potentially make money. But it is even more important to only invest in something you thoroughly understand. This

The post What Is A SPAC And How Does It Work? Another Way To Raise Capital appeared first on Financial Samurai.

A home construction loan is a short-term loan meant to cover the cost of building the home only. After that, you'll need a mortgage.A home construction loan is a short-term loan meant to cover the cost of building the home only. After that, you'll need a mortgage.

The post How Do Home Construction Loans Work? appeared first on The Dough Roller.

One of my biggest fears for renters has come true. Rents are surging due to rising home prices, increasing household formation, and declining inventory. The main question now is: How long will rent increases last? We shouldn’t feel bad for those who’ve been against homeownership for years. You can find plenty of them commenting in

The post How Long Will Rent Increases Last? Some Advice For Renters appeared first on Financial Samurai.

There are different types of mortgages for different situations. Here are some tips for choosing the best mortgage for you.There are different types of mortgages for different situations. Here are some tips for choosing the best mortgage for you.

The post Choosing the Best Mortgage for You appeared first on The Dough Roller.

Being smart is generally a good thing. You can use your smarts to make more money and do more things with ease. However, what if you live in one of the smartest countries in the world. Can your smartness shine through when many of your peers are equally as intelligent? Or what if you live

The post Why The Smartest Countries Are Not The Happiest appeared first on Financial Samurai.

Planning on retiring but don't know where to start? A good place to start figuring your retirement expenses and retirement income and planning accordingly.Planning on retiring but don't know where to start? A good place to start figuring your retirement expenses and retirement income and planning accordingly.

The post What Is a Good Retirement Income? appeared first on The Dough Roller.

There’s a saying that goes something like this: To feel rich, take whatever you earn and triple it. Once you get there, triple it again. In other words, due to hedonic adaptation, it’s impossible to ever permanently feel rich! We all know that making a top 1% income means you are technically rich. But I’ve

The post When Do You Finally Feel Rich? It’s Not Just About The Money appeared first on Financial Samurai.

With the continual rise of insurance costs, it’s helpful to know the fundamentals of various types of health insurance plan structures available today. Let’s look at POS vs PPO health insurance, as these are the two plans we’re deciding between for the new year. One of the things I dread every fall is our health

The post What Is POS vs PPO Health Insurance? The Costs And Benefits appeared first on Financial Samurai.