As a new parent, a lot of your time is spent trying to soothe and get your baby to sleep. Besides providing a constant rocking motion, one of the best ways to soothe a baby is to sing to him or her, regardless of whether you have a lovely voice or not. Eventually, everything you say becomes a song Read More... The post How To Copyright A Song And Earn Royalties: Introducing Cutie Baby appeared first on Financial Samurai.

I love window shopping and never buying a gosh darn thing. Vendors hate me, but my bank account thinks otherwise. This habit started when I was a teenager making minimum wage with shoes and clothes. Spending 30 hours slaving away behind a grill to be able to buy a pair of new basketball shoes felt like a bad Read More... The post Always Calculate The Opportunity Cost When Making A Major Investment appeared first on Financial Samurai.

Once your housing expense is under control, the next thing to tame is your consumption habits. The most common waste of money today is buying an automobile. New cars are simply too expensive for the median household income. But because car manufacturers have created ways for consumers to stretch with financing and leasing deals, consumers Read More... The post The 10X Investment Consumption Rule To Fix Bad Spending Habits appeared first on Financial Samurai.

Since negotiating my own severance in 2012, I’ve consulted with several dozen individuals about how to best negotiate a severance. Although I’ve taken a hiatus on 1X1 consulting since the birth of our son, I can’t help but think of my favorite consultation this Memorial Day weekend: my wife’s. One of the most common questions Read More... The post How To Negotiate A Severance As A High-Performing Employee appeared first on Financial Samurai.

I have a confession to make. Despite swearing off buying more property in an expensive coastal city like San Francisco, I recently submitted an offer for a single family home. Why would I do such a thing, especially given I had just  gone through the difficult process of selling a single-family home rental the other year? Ego and maybe a little Read More... The post Don’t Let Ego Make You Buy A Bigger House Than You Need appeared first on Financial Samurai.

The following is a guest post by Bill Lanting | Vice President, Commercial Debt, RealtyShares. I met Bill over dinner and asked him to share his wisdom about triple-net properties because such investments sound attractive to someone who doesn’t want to do much managing, remodeling, or maintaining.  Savvy investors seek the most return for the Read More... The post Triple-Net Properties: An Ideal Source Of Passive Income appeared first on Financial Samurai.

Congratulations everyone! According to this chart below, everybody is rich in America! Our assets are at the highest level compared to our income in all of history thanks to tremendous asset price appreciation. Anybody who bought stocks and real estate between late 2009 and 2015 is sitting mighty pretty. When you’re sitting mighty pretty, you tend Read More... The post How To Tell If You’re Rich Even If You Think You Aren’t appeared first on Financial Samurai.

Sometimes I go to bed thinking how good life is. From the joys of breathing in clean air to the freedom of making money anywhere there’s internet access, life is pretty great. Sometimes I even go far as to think I’m rich. But then reality smacks me in the face. Since I turned 40, we’ve Read More... The post Here’s When You Know You’re Still Not Rich Yet appeared first on Financial Samurai.

Unfortunately, sometimes dreams don’t come true. In my quest to simplify life, I was blinded by the belief that the rental property I bought in 2003 would also be eligible for the full $250,000 / $500,000 tax-free profit exclusion if I moved back in tomorrow and lived in it for the next two years before Read More... The post Tax Free Profit Exclusion: Prorate For Long Term Rentals That Turn Into Primary Homes appeared first on Financial Samurai.

One of the things I learned after leaving Corporate America is that entrepreneurship is much harder than a day job. When you have to be the marketer, the creator, the accountant, the publicist, and the customer support, you often wonder how you can make any decision to move your business forward. But after over a Read More... The post Taking A Vacation From Parenthood By Going Back To Work appeared first on Financial Samurai.