Investing in private real estate (or real estate crowdfunding syndication) is one of my favorite ways to generate passive income. Real estate is also my favorite asset class to build wealth for the average person. I’ve been investing in private real estate since 2016 to build more wealth, capture strong demographic trends, and diversify my| Financial Samurai
In 2017 and 2019, I superfunded two 529 plans for my two children. Since then, my wife and my parents have also regularly contributed to the two college savings plans. You would think with all this aggressive saving, I would feel confident we'll have enough saved to pay for college. But I'm still unsure. Given| Financial Samurai
Fat FIRE (Financial Independence Retire Early) is being able to live it up in retirement without having to sacrifice your spending. If you are Fat FIRE, you can easily survive without a job because your investment income more than covers your best life's living expenses. You don't need to work part-time or do anything to| Financial Samurai
As someone who helped ignite the modern day FIRE movement back in 2009 when Financial Samurai began, I'm amazed at how popular the movement has come! There are so many different types of FIRE to fit different people's lifestyles. Today, we'll discuss what is Coast FIRE and whether it's the right type of FIRE for| Financial Samurai
If you're looking to achieve financial freedom before a traditional retirement age (60+), you must build passive income. This post will highlight the best passive income investments in our current economic environment. Passive income is the holy grail of personal finance. If you have enough passive income to cover your desired lifestyle, then you are| Financial Samurai
How To Engineer Your Layoff eBOOK 'I bought How To Engineer Your Layoff for my sister who was then able to negotiate a $50,000 severance. Two years later, I used this book to help me negotiate an $80,000 severance during the middle of a pandemic! What's more, I got a month off to relax, and| Financial Samurai
On August 7, 2023, I received an email from Amy X. Wang, the assistant editor at the New York Times Magazine, inquiring about the modern-day FIRE movement and its Fat FIRE offshoot. Amy is a self-proclaimed FIRE enthusiast who has worked side hustles to earn extra money and utilized rewards points to save. As one| Financial Samurai
My family and I could have been set for life. Instead, due to my inability to beat back real estate FOMO, I blew up our passive income. And because our passive income is now much lower, we are no longer financially independent. Desire is the cause of all suffering. Due to my desire to own| Financial Samurai
When my kids were born, I made a promise to be a stay-at-home father for the first five years of each of their lives. Mission accomplished with my son in April 2022, and my daughter in December 2024. I'm now wondering how I will fill the void once both kids are in school full time.| Financial Samurai
