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So you want to publish the next great book! To do so you first need a book proposal. Back in late 2011, I spent hours putting together a book proposal for my severance negotiation strategy book, How To Engineer Your Layoff. After engineering my own layoff three months earlier, I had hoped to get a […]
Example Of A Book Proposal That Should Have Been Accepted Read More »
Now that the Supreme Court has outlawed affirmative action in college admissions, it’s time to look at the next layer of affirmative action: getting a job based on identity versus merit. This is the diversity hire dilemma some of you or your children might one day face. At the end of the day, the whole
The Diversity Hire Dilemma: How To Get Paid Based On Identity, Not Merit Read More »
The longer you are retired, the harder it may be to find a job if you want to go back. In this article, I’d like to share the difficulties I’ve faced finding employment in a new field. My situation should help folks think more carefully about early retirement and staying out of the workforce for
The Difficulty Of Finding A Good Job After Retiring For Years Read More »
One of the best ways to increase your chances of making more money is to move to a city that has a high number of high-paying jobs. Ideally, you should secure a high-paying job offer first before moving to one of these cities. Otherwise, it may be tough going given the higher cost of living
Income Ranking By Metro: Cities That Pay The Most Read More »
If you or your spouse are rich, consider creating a trust fund job. This way, you’ll gain more status, stay relevant, and deflect suspicions that you may be an unproductive member of society. The older I’ve gotten, the more I realize there are plenty of people with trust fund jobs idly passing their time. Their
The Secret Creation Of Trust Fund Jobs For Status, Purpose, And Relevance Read More »
CNBC got folks fired up when it came out with its top 10 worst states to live and work in. Texas, a state with a population of almost 30 million, came in as the worst state. I’ve been to Austin and Houston a dozen times for work. They are fine cities with some mighty fine
The Worst State To Live And Work In America Is Texas? Giddyup! Read More »
If you’ve been laid off from an employer with 100 or more full-time employees, you are eligible for Federal WARN Act pay. An employer must provide written notice to employees 60-days prior to a plant closing or a mass layoff. In other words, the Federal WARN Act pay is equal to 60 days of pay,
When To File For Unemployment Benefits If You Receive WARN Act Pay Read More »
For those who follow golf, there was a blockbuster announcement that the PGA Tour would merge with the LIV Golf League. Nobody expected the PGA Tour to merge with LIV because the PGA Tour had been adamant in its disdain for the Saudi Arabia-backed league. The LIV Golf League offered obscene amounts of money to
My Regret Of Not Taking The Money Due To Company Loyalty Read More »
I’m a late adopter, which is why I haven’t thought too much about artificial intelligence (AI). I’d rather have early adopters figure out all the kinks first so I can better spend my time using the technology. However, at a kid’s birthday party one Saturday, a dad, who works in finance, came up to me
Artificial Intelligence: How To Protect Yourself And Benefit Financially Read More »
Have you ever visited Pity City? You know, the place where you feel sorry for yourself and all your problems? I think we’ve all been there before. At Financial Samurai, we accept our situation and take action to make things better. Complaining why life isn’t fair is not the Financial Samurai way! We are all
A Visit To Pity City Shows Your Boss Probably Doesn’t Care About You Read More »
One reason why you might want to attend an Ivy League college or similar college is to earn a higher income. As a parent, you hope your child attending an elite university will make them upwardly mobile. A better life is what every parent wants for their kids. However, the median income earned by Ivy
Median Income Earned By Ivy League Graduates: Unimpressive At First Read More »
In 2010, Nobel Prize winners Daniel Kahneman and Angus Deaton from Princeton University argued that $75,000 was the ideal income where happiness increased no further. As someone who made as little as $4/hour at McDonald’s to multiple six figures a year working in investment banking, it was clear to me happiness continued way beyond the
Why Nobel Prize Winners Were So Wrong About The Ideal Income For Happiness Read More »
After doing a deep dive on the different ways to pay for college and how to get good financial aid, I realized the best thing for my family is for me to go back to work. Coming up with $1,500,000 for two kids’ college experience in 12-15 years is daunting. Going back to work feels
Sadly Giving Up On Retirement And Going Back To Work Read More »
Some employers pay their employees with company stock as part of their total compensation package. This way, employees become owners and potentially feel a greater sense of duty towards the firm. If you don’t own any of your company’s stock, you might be less inclined to come in early or leave late. Without company stock,
Regularly Selling Your Company Stock Is Probably A Good Idea Read More »
As the economy goes down the tubes thanks to a Fed-induced recession, anger against anybody who is perceived to have more wealth or success will go up. As a result, it’s important to practice Stealth Wealth to stay safe and happy. I know anger has increased since the bear market began because I run a
A Stealth Wealth Case Study On What Not To Do To Blend In Read More »
Some Americans fear higher taxes so much they are willing to move. The capital gains tax rate might go up. The step-up basis might go away. And the top marginal income tax rate might go up too. Therefore, may I present the best life hack for Americans: taking advantage of Canada! I’m always looking for
The Best Life Hack For Americans: Taking Advantage Of Canada Read More »
Although it’s a bummer to hear about more layoffs, I also feel a lot of hope and excitement for those who have lost their jobs for two reasons. First, there is the benefit of getting a severance package. Imagine getting a severance package worth six months of salary and then finding a new job two
How One Man Negotiated A $40 Million Mass Severance Package Read More »
So you want to write a book but aren’t sure if it’s worth your time. As a published author of both an ebook and a traditional hardcover book, let me share with you the pros and cons of being an author. Given the success of my Wall Street Journal bestseller, Buy This, Not That, I’ve
Should You Write A Book? Pros And Cons Of Being An Author Read More »
Before making any big financial decision, always do a cost-benefit analysis. Focus on the costs more because most people are too mesmerized by the benefits. Great marketing and perennial optimism can lead to great disappointment. In the post, The Second Biggest Financial Mistake You Can Ever Make, I made the argument to never expect your
Short-Term Thinking Destroys Long-Term Wealth: Do A Cost-Benefit Analysis Read More »
If you’re like me, chances are you are not part of the elite. Like 75% of college students, you may have gone to public school. For various lengths of time, you may have been underemployed or unemployed. Further, you definitely didn’t come from a rich family with prominent connections. Despite not being one of the
When The Elites Go On Strike, We Should Pay Attention Read More »
