There’s so much bad personal finance advice out there – so much clutter. It’s time you all learned how to KonMari your finances. Get rid of the bad advice – the tips that are wrong, or don’t fit you or spark joy in your life....
Not every legal job pays well and some pay so poorly that lawyers are forced into side hustles. As lawyers, though, side hustles come with a word of caution. Practicing law on the side has a slew of pitfalls that could imperil your job and...
Reading quick money tips is my junk food. But sometimes the tips are so outdated, they leave a bitter taste in my mouth. A lot of (lazy) personal finance writers would argue that their advice is timeless but that cannot be true. The world is...
Even as states lift their lockdowns, minimizing trips to the grocery store is still a smart idea both for safety and for saving money. Every time you run out to the store, that takes time and gas (not to mention the possibility that you catch...
Many people think the American Dream is dead – but immigrants like my parents continue to escape poverty. Spoiler: it wasn’t primarily through hard work. It’s ingrained in the national psyche that “all you need” to achieve the American Dream is to “work hard.” But...
My friends still talk about the buffet to this day – raw oysters, fresh shrimp, smoked salmon, caviar, fresh carved prime rib. And all sorts of other foods that were delicious (and expensive). Beautiful ambiance. It was cheaper than what we thought they could charge, but...
The 50-20-30 budget is one of the most popular budgets according to personal finance “experts.” In it, you spend 50% on needs, 20% on savings/debt reduction and 30% on “wants.” This is a terrible plan for almost every income and lifestyle. The 50-30-20 budget is...
The savings rate for middle-class Americans is low. The rate jumped to 7.6% in 2019, but that’s still far below what it needs to be to put Americans on solid footing. Now that we are in unprecedented times and unemployment rates are up, savings will...
There are so many financial tasks that we “know” we should do, but who has the time to even remember them, let alone do them. But now that we are all in social distancing, do we have a lot of excuses?I’ve compiled a list of...
It’s common knowledge that one must control one’s thoughts because thoughts lead to actions. The same is true with money – how you think about money directly leads to how one spends money. So it goes that improving your relationship with money is an important...
