Merry Christmas and Happy Holidays! When I started Financial Samurai in 2009, my main goal was to make sense of the Global Financial Crisis. That was a scary time period that created massive uncertainty for our careers and our investments. As things got better, I’ve tried to tackle interesting topics to enable us to live Read More... The post The Best Of Financial...
You may not realize this, but a health savings account (HSA) can be used as a retirement vehicle. If you’ve maxed out your 401(k) and IRA contributions, maxing out an HSA could be another source of retirement funds. A health savings account offers triple tax savings because you contribute pre-tax dollars, pay no taxes on Read More... The post Using A Health Savings...
If you’re like most people, you want to get as much value out of any purchase as possible. Therefore, you’d probably never buy a first class or business class airline ticket. You might use miles to upgrade. But you certainly wouldn’t pony up your hard-earned dollars to sit in a wider seat. However, money is Read More... The post How To Pay For...
I’ve made the case the best time to work may be during a pandemic. With fewer things to do, you might as well spend more time making more money. Further, if you are able to work from home, you could actually figure out a way to work less and still get paid in full! Since Read More... The post In Search For The...
Finance Xpress
2022 Conforming Loan Limits Increase To Record Highs, Improving Affordability
12:31 PM The Federal Housing Finance Agency (FHFA) has announced new 2022 conforming loan limits for conventional loans. The baseline conforming loan limit for 2022 will be $647,200, up $98,950 from 2021’s limit of $548,250. That is a record-high increase of 18% based on the FHFA House Price Index. In higher-cost areas, the new loan limit increases Read More... The post 2022 Conforming Loan Limits...
Between the ages of 18 – 32, I experienced chronic back pain, sciatica, tennis elbow, golfer’s elbow, and TMJ. It was only after reading Dr. Sarno’s book, Healing Back Pain, did my chronic pain eventually went away. Now, at 44, I hardly have any chronic pain. And when some ailment does flare up, I review Read More... The post Curing Chronic Pain And...
Are you expecting a year-end bonus this year? Or maybe you know Grandma always gives cash for Christmas? Either way, you’ve got better things to do with that extra money than just blowing it all. Any time you get extra cash, it’s important to think about how it could help you get closer to your […]You can use your holiday bonus money to...
You can take regular distributions at age 59 1/2, take the required minimum distributions at age 72 or you can roll your 401(k) into an IRA and contribute investment earnings.You can take regular distributions at age 59 1/2, take the required minimum distributions at age 72 or you can roll your 401(k) into an IRA and contribute investment earnings. The post What Should...
Now that we’ve had some fun figuring out the minimum income and net worth required to buy a $5 million home, I thought it’d be nice to be more inclusive. This post will discuss the income and net worth requirements to buy a home priced from $200,000 to $50 million. The income and net worth Read More... The post Income And Net Worth...
I’ve been using Personal Capital’s free financial tools to track my net worth, manage my cash flow, and optimize my investments for over eight years. Let me share with you the most thorough and honest Personal Capital review about their free financial application. From 2013 – 2015, I was also a consultant for the firm. Read More... The post Personal Capital Review 2021:...
