How does one know at what point they’ve done enough heavy lifting with their own savings such that compound interest will begin to become the dominant force in their wealth growth?
I’ll confess that my approach to financial independence has hitherto been overwhelmingly lazy, driven by the pursuit of maximizing my leisure time along the way as well as once I cross that finish line.
A lot of people are raving about I Bonds right now. After all, 9.62% is an amazing interest rate. Investors in US Treasury Bonds of any type haven’t seen a rate like that since the late 1980’s.
Updating my housing market affordability analysis from March as the 30 year mortgage rate climbs over 7% according to the benchmark index provided by Mortgage News Daily.
Disposable razor manufacturers and retailers seem to be colluding to keep consumers ignorant of safety razors so that they can both continue to make massive profits from selling overpriced cartridges.
Pursuing financial independence is quite the non-traditional path, so it necessitates some differences in financial planning from what most other people are doing. Life insurance is yet another one of those areas.
While I found it rewarding to complete my civic duty, this experience also got me thinking about how the unfair economics of jury duty contributes to an implicit bias among jurors selected to sit on a trial.
Target’s RedCard seems like an attempt by the department store to take the fight to Amazon, and in my opinion they’ve laid out a pretty sweet deal which is superior to Prime.
In our current inflationary environment, the price inflation for food purchased at grocery stores is worse than at restaurants. Perhaps counterintuitively though, restaurants are becoming a worse value proposition compared to cooking at home!
Today is the Thursday following the second Saturday of the month! For those that don’t watch housing market data for fun, that means it’s Redfin’s data release day, when their data points for the prior month are made public.