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.
Wednesday, April 20, 2016
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.