What Rihanna Can Teach You About Liability Insurance
There’s no denying that Rihanna is one of the hottest artists today. No offense to JayZ, but when it comes to overall talent, I honestly think Rihanna will give Beyonce a run for her money. Not only can she sing better, her moves are smoother, more spicy and hypnotic, enough …
How Effective Copywriting Sold my “Unsellable” Typewriter
One of the must-have skills on your road to Financial Independence is selling. Even if you don’t work in a marketing or sales position, we often find ourselves in situations where we have to sell, or loosely speaking, persuade people to act in our favor, may it be applying for …
The Opportunity Cost of Claiming $2,500 Worth of Property
Sometimes I wonder if I deserve to blog about personal finance. I’ve made too many embarrassing money mistakes in my life– I would suffocate if I had to re-enact the number of times I have face-palmed myself. Here I was, declaring myself to be on a mission to educate broke …
5 Mistakes Millennials Make with Money
Millennials get something of a bad reputation. They’re considered to be the ficklest generation, spoiled from being told that they were the most special people in the world while they were growing up. However, the truth is that millennials are just like anyone else. They have ambitions and worries to …
Net Worth Update: One Year Later
It’s Labor Day in the U.S., isn’t it ironic that I don’t get to work? I don’t see a lot of pregnant women hanging around the emergency room when I drove my R.N. wife to the hospital this morning either. Kidding aside, the holiday meant I have extra time to …
Millionaire Before 50 Turns One Year Old!
August 21st marks my first year anniversary of blogging at MB-50. I’m so proud that I’ve managed to consistently produce two blog posts per month in spite of having a full-time career outside of blogging– I write code not blog posts for a living. Unbeknownst to many people, this shy, …
California Vacation: Being Frugal Can Cost You More
We recently just came back from a trip to the west coast. It was a week-long vacation with lots of driving between different cities within the state of California. I had to be careful not to overspend. I may be a millionaire, but keep in mind that it’s 2017– a million …
FIRE, FART, or Neither, the Choice is Yours
When it comes to your finances, there are two extremes to model yourself on, FIRE or FART (acronyms below) — that is if you want to be an extremist. The third option is neither, and that’s completely fine. The choice to quit the rat race at either 35 or 95 is completely your own …
Millionaire Next Door: Here’s a Better Rule of Thumb
One of my favorite personal finance books of all time is the one that was written by the late Thomas J. Stanley, The Millionaire Next Door (published in 1996). The bestselling book identifies common traits that show up again and again among those who have accumulated wealth. The surprising finding …
Have No Fear, Market Crashes Will Always Be Here!
While I don’t believe that a bear market is coming, one big lesson from the last two recessions is that it can’t hurt to be prepared. Crashes will always come and go. Whether it’s six months or six years from now, nobody knows. The prospect of me becoming a thousandaire …