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Personal Finance FAQ

How to Save Money for a Wedding

There are two ways to approach saving for a wedding. First, let’s address the actual activity of saving. I recommend that the couple-to-be establishes a side account to put money aside for the wedding. This will put them in good stead for the future, as having that side account and practicing setting aside money for […]

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Personal Finance FAQ

Should You Pay Yourself a Paycheck If You REFIRED?

Taxes grow without rain. –Jewish proverb My wife and I REFIRED at the end of 2019, with the intent of living solely off of the profits of our real estate investments. Since I am on some boards, I receive income from those boards, and, because of that earned income, we’re still able to contribute to […]

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Personal Finance FAQ

USAA’s Investment Products Are Quickly Moving to USAA in Name Only

Always sleep with one eye open. Never take anything for granted. Your best friends might just be your enemies. –Sara Shepard When I was a junior at West Point, we all were offered a loan. It was for $12,000, if I remember the amount correctly, and there were 3 banks that offered the loans. There […]

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Personal Finance FAQ

Why You Won’t be Prepared for the Next Crisis Unless You Act Now

There are two ways to be fooled. One is to believe what isn’t true; the other is to refuse to believe what is true. –Soren Kierkegaard There is a cult of ignorance in the United States, and there has always been. The strain of anti-intellectualism has been a constant thread winding its way through our […]

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Personal Finance FAQ

Climbing Cantril’s Ladder

That’s the funny thing about life…We spend so much time worrying about how the future is going to play out and not nearly enough time admiring the precious perfection of the present. For most of my life, my thinking about the future could be summed up with a general thought framework: Things are going to […]

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Personal Finance FAQ

Don’t be Reckless If You Want to LEANFIRE

When you’re young, you’re very reckless. Then you get conservative. Then you get reckless again. –Clint Eastwood A few months ago, Marketwatch posted an article outlining the stories of people who had “FIREd” and were not successful. For those of you who do not know, FIRE is financial independence, retire early. While most of them […]