The best financial move I made in 2022 was transitioning to a much higher paying job at another company. This fueled a savings rate of 48% (not including retirement contributions). However, the Fed’s 2022 interest rake hikes to fight inflation did not bode well for my net worth on paper. My net worth decreased vs.…
Monthly cashflow, tax incentives, and owning a hard asset are some reasons why rental property has always been one of my top financial priorities. I’ve collected rent from tenants who were also my roommates. I’ve also rented-out single-family property while living out-of-state. However, given personal preference to reside in the San Francisco Bay area, I…
During Year 2 of COVID, I was fortunate enough to expand my focus on multiple streams of income. This fueled a savings rate of 17% (not including retirement contributions), and helped increase my net worth +28% in 2021 compared to 2020. Net Earnings Overview I consider Giving, Taxes, HSA Contributions, and 15% gross salary Retirement…
“Don’t wait to buy real estate, buy real estate and wait.” – T. Harv Eker I’ve lived in the expensive real estate markets of northern and southern California for most of my life. When I relocated to Denver, CO for work, I was able to purchase a home due to prices being affordable – virtually…
Before investing anything, getting out of consumer debt, saving-up a fully-funded emergency fund, and contributing 15% into retirement are the most prudent steps to take to financially thrive. After that, there’s freedom to deploy extra money in a variety of ways depending on your preferences and goals. Whether it’s a meager raise at work or…