Wednesday, April 20, 2016

The Secret Number That Can Make You Rich

Is $100,000 a lot of money to earn in a year? Is $1,000,000? What amount determines if someone is “rich”? The answer? It’s not what you make in a year that determines how wealth you are but an entirely different number that rarely gets talked about.

Sunday, April 17, 2016

Reader Mailbag: Acorns and What to do Without a 401(k)

Have money questions? Got a topic you wish I’d cover that I haven’t gotten to yet? Reach out! You can contact me directly through the blog! My email is in my contact information, or you can reach out on our comments section on any article. Today we’re going to tackle our first reader mailbag article (names changed to protect readers’ identities). Here we go!

Wednesday, April 13, 2016

How to Pay for Your Tesla Now

A few weeks ago we witnessed as a species the largest product offering in history as Elon Musk announced the opening of pre-orders for the amazing Model 3 from Tesla. For $1,000, 325,000 people agreed to purchase the car when it becomes available (and the number of buyers continues to grow). At a price point of $35,000 each that represents a revenue windfall of $11,375,000,000, including an immediate influx of $325,000,000 right now! Today I’m going to explain how you can pay for your Tesla right now and about buying new cars in general.

Thursday, April 7, 2016

Are you paying someone to rob you?

We keep our doors locked at night, chain up our bikes, and keep our valuables locked in our safe deposit boxes (or at least in a good hiding spot in a closet somewhere). It’s a painful thing to consider the possibility of being robbed. Few acts are so personally violating as having the bounty of your hard work taken by someone who did nothing to earn it. And yet for millions of Americans across the country they get bilked out of thousands of dollars every year, and they pay for the opportunity! Who are we inviting into our finances to do the burgling? Financial advisors.

Tuesday, April 5, 2016

4 Huge Mistakes I Made That You Don't Have To

Everyone makes mistakes. Small mistakes. Giant, colossal, f-up mistakes. Sometimes we make financial mistakes. Today we’re going to talk about some of the terrible mistakes I made that eventually led me to facing the music, getting my sh*t together, and cleaning up my finances. Also, starting this blog. Let’s go!

Sunday, April 3, 2016

How we spent just $10,000 on a Wedding, Two Receptions, the Dress, Rings, our Honeymoon, and More

I’m not sure how long the wedding industry has been a giant scam, but those of us who have gone through the process of getting married recently know exactly what I mean. Visit a cake baker and say, “It’s for a wedding,” and watch the prices magically jump 50%. Tell a caterer you’re getting married and watch them swap out their menus for their “60% more expensive deluxe version” conveniently serving the exact same shrimp cocktail you get from their “it’s any other occasion” menu. When Mrs. Stark and I decided we wanted to get married, we knew we’d have to do it on our own terms. With a maximum budget of $10,000 we managed to host a wedding for 100 people, four round-trip plane tickets to the Midwest from Seattle, a honeymoon to Hawaii, a breakfast reception for our family, the dress, and two wedding rings. This is how we did it.