Today’s post features an important question from a reader: who needs life insurance, and what sort of product makes the most sense? ~~ [Lightly edited for clarity] Hi JP, First of all, thank you for this blog as it provides a lot of valuable insight on personal finance topics. Secondly, I...
Reader Mailbag: Life Insurance – Who Needs It, What Kind?
Retirement Ages Around The World
A graphic showing both the official and average retirement age in countries around the world. Sneak Peek: The US compares poorly. You may want to find a different group to use for comparison. I came across an intriguing graphic which compiles both the official retirement ages as supported by government programs as well...
The Secret To How Bloggers Actually Make Money, Part One
Your belief that blogs make money just from ads is outdated. Here’s how several million dollar blogs are actually making their money and how you can employ these techniques for your own blog. A tutorial on the four major monetization methods. Part one. After I published the article How Much Can You Actually...
A Professional Investor Spills: How To Fall In Love With Investing
Confessions of a former professional investor…who actually didn’t like investing to begin with. If you’ve struggled to develop an enthusiasm for investing, or tried and found yourself quickly overwhelmed, this is for you. Plus tips to ensure you get back on track. I have a confession to make. I spent seven years as...
7 Hidden Gems To Kickstart Your Journey To Early Retirement
7 hidden gems in the archives of The Money Habit with the highest potential to accelerate your financial independence goals. Over the past two weeks, the blog has ballooned by by more than 50k additional readers. These readers have been going voraciously through the archives, accumulating over 300k page views. I was thinking...
$187 Billion vs You: One Trick To Combat Social Pressure In Your Purchases
Companies in the U.S. spend over $187 billion a year trying to insert their opinions into your buying decisions. How can you protect yourself from their influence? One easy trick. Introducing the perspective of the Negative Purchase. I was playing a game with a few friends the other day. We were talking about...
Your Biggest Mistake Is Ahead Of You: 60% Efficiency And The System To Catch The Leaks
If you think you’re doing all the biggest things you can to build your nest egg, you’re probably wrong. Here’s the system that will prevent you from missing the biggest opportunities. I am asked often what my biggest mistake was on the road to financial independence. It’s a good question. The person asking...
How Hot Is Your Neighborhood’s Appreciation? Two Methods To Get Powerful Info About Your Home
Two methods to get the scoop on appreciation in your neighborhood, for an existing home or an investment. Includes a twenty second and a fifteen minute version. I’ve said many times before that real estate is hyperlocal; it explains why your aunt in Arizona and your brother in California have such different views...
Guest Post: Harvard and Elite Private Universities – Are They Worth It?
Below is a guest post from a friend of mine (who wishes to remain anonymous) in rebuttal to my post about A Harvard Education and what an exclusive, private college education can provide. As a new parent, he answers the question of whether sending his child to an elite private institution would be worth...
What It’s Like To Be Retired: Retired and…Pregnant? Resetting Retirement Expectations
The latest in the What It’s Like To Be Retired series, chronicling day to day life as an early retiree. How pregnancy has ushered in a new chapter to retirement life (the good, the bad, and the Cheerios). When I retired over a year ago, I had plenty of ideas of how retirement...