Wealth Gaps vs. Savings Gaps

I recently wrote about wage gaps vs. effort gaps. In a similar vein, let's take a look at infamous "wealth gap." While it's true that some people are born into an abundance of wealth, they are certainly a minority. 43.4% of the world’s wealth is controlled by the top 1%. Most millionaires are in their... Continue Reading →

Currency Devaluation: A Tepid Argument For Bitcoin

If you pay attention to global news, you're well-aware of the currency collapses of recent decades in Argentina, Hungary, Ukraine, Iceland, Venezuela, Zimbabwe and Germany. If you've been studying the trajectory of the US dollar since 1971 when the US unilaterally terminated convertibility of the US dollar to gold, effectively rendering the dollar a fiat... Continue Reading →

15 Simple Choices That Will Make You Rich

The global economy is currently in the toilet. Working-class people are worried about job security and searches for "sell my house" are up 147% in July, as leaders argue over the definition of recession. There are many things beyond our control. However, in these turbulent and uncertain times, is can be helpful to shift focus... Continue Reading →

Early Retirement vs. Hyperinflation

Earlier this week, I met with my financial advisor to file my taxes for 2020. As is the case every year, he looked over my numbers and stated, "You're well on your way to early retirement!" It sure doesn't feel that way. On track by changing metrics I currently have around 2.5x my annual income... Continue Reading →

How Much Money Is ‘Enough’?

I recently read an interesting article that proposed a simple thought experiment. It poses, "How much money would you have to be paid, right here and now, to retire today and never receive another dollar of income (from any source) for the rest of your life? The catch this time is that whoever among the... Continue Reading →

Savings, Inflation, and Debt Serfdom

I always cringe when I hear my friends say that they will start saving for retirement when they make more money. I don't know about you, but my expenses seem to continually increase in proportion to my income. There will always be car repairs, wedding gifts, expensive medical tests, flooded toilets, and nifty gadgets. We... Continue Reading →

Self-Reliance and Financial Freedom

When I was four years old, my parents bought me a clear plastic, house-shaped box. The box was divided into three parts and adorned with various stickers, including some words I couldn't yet read. The long, skinny box was my childhood piggy bank. When I found a penny on the ground at my preschool, I... Continue Reading →

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