A “rule of thumb” is a mental shortcut. It’s a heuristic. It’s not always true, but it’s usually true. It saves you time and brainpower. Rather than re-inventing the wheel for every money problem you face, personal finance rules […]
Studies show that women have better investing outcomes than men, despite claiming less knowledge and confidence, which I find fascinating. These stats also make me feel quite smug about the countless conversations I’ve had with […]
Want to learn how to turn $40,000 into $750,000 with just one rental property? That’s the power of real estate, and the subject of the case study later on in the post. But real estate […]
When your business is struggling, you may be tempted to find the quickest and easiest way to get cash. But beware of financing options that sound too good to be true. Merchant cash advances are […]
In the midst of a pandemic and nationwide quarantines, many people have taken up hobbies—macramé, decoupage, Paul Hollywood-level pastry work. Skyler Kogachi is no exception. In his spare time, the Los Angeles-based business owner has […]
Depending on your lifestyle and location, you may need up to $600k to retire comfortably. However, only 14% of Americans in their 40s and 50s have more than half a million put away. During the COVID-19 pandemic, […]
Ethical shopping is about buying from brands that care about their impact on people, as well as the planet, and not just about profit margins. It’s also about giving less money to companies associated with […]
You love your business, but that doesn’t mean you can afford to work for free. Yet, figuring out how to pay yourself as a business owner can be complicated. You need to think carefully about […]
Let’s be honest — investing sounds a lot sexier than building an emergency fund. But the truth is that many people get into the stock market before they’re financially ready for it, and while the […]
Tax-loss harvesting is the strategy of purposely selling some holdings at a loss in order to offset the taxable profits of another investment. Investors “harvest” a loss from one asset and can then use the […]