Hey Everyone! I need a little help. Last week, I received a question about inflation spending. Basically, the reader asked if there is anything we should buy ahead of time to head off future inflation. I did some research and only came up with a few things. Okay, here is …
Whew, we made it back to Portland! That was a long road trip to California. We decided to drive from Portland instead of flying because the price of flight tickets for the three of us was so high. Gasoline was expensive too, but it was still a lot cheaper than …
I know, I know. You’re probably thinking – Joe has gone too far this time. However, this isn’t as uncommon as you’d think. According to a Pew Research survey, about a third of Americans like or even love doing their taxes. Most of these people said they like doing taxes …
Hey Everyone! We are island hopping in the Maldives and I want to tell you – Don’t do it! Why not? Read on and see why I suggest picking an island and sticking with it. Okay, this is a long story. In 2020, the hospitality industry experienced a big downturn …
Last week, I saw a very interesting personal finance story. If you haven’t seen this, then take a guess who this story is about. This person is an entrepreneur, hedge fund manager, and investing guru. Here is their asset allocation. 50% in cash 40% in U.S. index funds 5% in …
Hey everyone! Today, we have a guest post from Sam Dogen aka. Financial Samurai. I am chilling in the Maldives and I can’t get any work done. Fortunately, Sam offered to write a guest post for Retire by 40 and sent me his new book to review. I’m about halfway …
Whew! I finished our taxes and sent them in on time. Unfortunately, we owed the government over $3,000 because I didn’t pay enough estimated taxes. I also contributed $5,000 to my i401k for 2021. That reduced our tax liability a bit. Unfortunately, these big payments reduced our cash savings to …
