Save, Plan, Enjoy and Last
Credit score is a number provided to a person by the credit bureaus based on multiple factors. In the US, FICO credit score is one of the most well known credit scores. For the general public, FICO credit score has a range between 300 and 850. The higher the number, the less likely the person will default or delinquent on...
Dear readers, I haven’t been posting anything for almost 2 years. In fact, I took the site down and focused more on my family and finances. During this time, I have accomplished some of my financial goals and I hope to share with you in this blog in the future. Back in June 2017, I wrote the article ‘How to...
Someone suggested that we are likely in a triple bubble (stock, bond and real estate). It is high probable that a major correction is going to happen in the near future. Protecting retirement savings should be the highest priority in this market condition. In this article, I am going to go over how I invest in year 2017. Stock Market...
A lot of people spend their 20s spending money as they get it, for necessities like food and rent or for luxury items that they don’t really need. In their 30s, they may have moved up to home ownership, but they’re still spending all their money on their mortgages, their children and travels. By the time they’re in their 40s,...
Today is father’s day and I’d like to share some of the best financial advice I received from my dad. These advice struck me like lightnings when I first heard from him and until today, these are still the guiding principals for my personal finances. I am very glad that I listened to him decades ago. Do you really need...
One of the questions people often ask is that whether they can retire on a million dollars. In this article, we are going to discussion how much income you can expect in a million dollar retirement. First of all, congratulations to you if you are one of those fortunate ones who amassed a million dollars in your nest egg. It...
In my previous articles, we discussed about what Financial Independence is and why it is important to actively involve in retirement planning. Let’s review the 12 common sources for retirement income so that you can better prepare for funding your retirement. Social Security This is one of the most obvious one on the list. You work hard during your career...
In my previous article, I showed that average annual return of S&P 500 index was about 5.3% in the last 20 years. However, the stock market did not always produce positive returns. Every time the stock market crashes, there are those who lose everything. And this can make people hesitant to invest at all. Unfortunately, investing is the only way that most...
Enjoying life can be really simple. A spontaneous visit to nearby places may be all you need. We don’t need to wait for retirement to have fun. Local Travel Spring is the best time to visit local farms in San Francisco Bay Area. We went to pick fresh Cherry in Brentwood on Sunday. We didn’t plan this trip ahead of...
Financial independence, defined as simply as possible, might be described as: Paying your bills and having a few dollars left over. Maybe it’s a little more complicated than that, maybe you need more than “a few dollars” to really claim financial independence. But that definition expresses the basic principle of it rather well. If you have a million dollars in...
Last week, I got a SMS message from my credit card company warning me that someone might have committed credit card fraud to me. When I opened the message on Saturday morning, I found that it was the second alert that they sent me. My first reaction was … [email protected]# . Was it a joke? Stay calm After 10 seconds,...
Earn Extra Income As a senior citizen it may be hard for you to get a full-time or even a part-time job, simply because many companies don’t like to hire older workers. Fortunately, there are plenty of other things you can do for extra income. Here are 15 ways you can get some cash into your hands or your bank...
After building up a sizable nest egg for your retirement, you don’t want to see your hard earned money go wasted. Here are 10 ideas to save you thousands of dollars during retirement. Downsizing The floor space in your home is costing you money even if your home is paid off. If you are in a home that is too...
