By Paula Pant
Rich Carey is a military millionaire. He’s spent his career in the U.S. Air Force; he’s currently stationed in Seoul, South Korea. He was stationed in Germany before this. He’ll retire after this.
Most of his fellow servicemembers, upon taking a military retirement, start a second career. But Rich doesn’t need to. He’s financially independent, […]
By Paula Pant
Time to talk about houses! I answer your questions about rental property investing in this week’s episode.
Our first question comes from James, age 25. He lives in Florida, where he bought a $130,000, 3-bedroom, 2-bath condominium in the Class B range as his primary residence. He’d like to buy a second home and rent […]
By Paula Pant
We often peek inside the world of business to look for lessons about how to simplify, optimize and innovate.
But what can we learn when we examine world-class people who are hacking the system in any field — including sports, politics and music?
What can we learn when we’re radically curious about everything? And how […]
By Paula Pant
Andy from Michigan loved the episode with charity:water founder Scott Harrison. After the episode, he and his 6-year-old daughter started watching videos about charity:water, and now they’re both inspired to give.
Andy’s question is on the topic of giving. His is to reach financial independence within 5 to 10 years. He and his wife are […]
By Paula Pant
Today’s episode is the June 2018 First Friday Bonus Episode, in which I answer three questions from the Afford Anything community. Enjoy!
Cameron accepted a job in the Middle East, where he earns 60 percent more than he could make at a comparable job in the U.S. He also gets free health care and […]
By Paula Pant
Scott Rieckens and his wife Taylor enjoyed a classic Southern California lifestyle.
They lived near a gorgeous beach in sunny San Diego. They frequently dined at sushi restaurants. They drove a BMW.
But after the birth of their daughter, everything changed. Taylor, an intelligent, career-driven, independent woman, suddenly didn’t want to spend any time away […]
By Paula Pant
Anna and Dave want to get married … eventually. But they want to buy a rental property together first. How should they approach this from a paperwork/legal structure standpoint?
Note: They’re thinking about having one partner purchase the home, with the other partner acting as a lender (with proper paperwork in place). Would this be […]
By Paula Pant
Laura Adams grew up in an upper-middle-class family in South Carolina, and her parents supported her through college. She attended her top-choice school, met her husband while they were still students, and enjoyed a charmed life.
When she graduated, she continued to live at a lifestyle to which she felt accustomed. She rented a beautiful […]
By Paula Pant
Antonia, 27, wants to retire in 15 years. She’s trying to figure out whether to contribute to pre-tax or after-tax retirement accounts.
Most financial advice for 20-somethings that she’s encountered says to contribute to after-tax (Roth) retirement accounts. These articles assume that a 27-year-old will continue earning money for the next 30+ years, presumably […]
By Paula Pant
Your income, debt, spending habits and net worth aren’t merely a function of your actions. They’re a reflection of your deep-seated inner psychology around money.
Dr. Brad Klontz, a clinical psychologist and financial planner, joins me on today’s show to discuss four “money scripts” that may be harming us. These scripts include:
Money avoidance — […]
