What to Do After a Layoff Alayoffis disheartening at any age, butwith retirement in sight, it can be extra challenging. The first step is totake stock of your finances. “Start by taking inventory of your finan
Well, that depends on how much the entire trip is gonna cost you, and your itinerary and budget will go hand-in-hand with what your bank documents will show. Let’s say you plan to spend 10 days in Shanghai going on all the big tours and staying in 5-star hotels. That 50k in yo...
If you're deciding toupgrade to a more expensive home, you'll likely also winning even if your existing home is losing value. Real estate is cyclical. It's scarier to buy a home when prices are declining, but I'd much rather buy when prices are down and there's less competition th...
After a strong year in the stock market, I decided to take a look at my son's 529 plan. Although it underperformed the S&P 500, it still reached a level that made me question whether it's possible to contribute too much. That's right, when determining how much to contribute to a 52...
The ability toincrease pay, and increase it substantially, solves a ton of financial problems that real doctors run into and email me about all the time. It's way easier to pay off your student loans or mortgage on twice the income. Even after-tax, it's much easier to become financially...
Much of this moolah squeezed is supposed to prop up municipal pension liabilities: The 911 tax is going to the laborers’ retirement fund at about $40 million a year. The city property tax hikes are being poured into the police and firefighters’ funds at $543 million a year. Another ...
This is why it’s always better to enter niches with high-end and expensive products and services. For example, a SaaS company with 100K customers paying $75/month or a consultant charging $3000/customer will pay you much higher rates than a small business that’s barely making a profit....
How much have my rentals made me? I put together some stats to show how much rentals made me after four years of owning them. It has been a few years since then, and things have gotten even better! At the time, I had bought 11 rental properties. After doing some calculating, I di...
Additionally, a condo appraisal will generally cost the same as a home appraisal, despite the former often being much smaller. This could be because appraisers must still assess the entire building/complex, which can be time consuming as well. ...
BTU in air conditioners is simple a metric of how much cooling effect that particular AC unit can produce. We want an air conditioner that has just the right amount of cooling effect. That’s why by knowing the square footage of the area we want to cool down, we can calculate how many...