Personal Finance
Personal Finance Articles
Many people turn to the Fat FIRE Reddit community for the most optimal ways to earn money and reduce taxes. One Redditor did that and shared their predicament in a post. The individual puts $300k...
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Family dynamics around the dinner table can really be complicated when money is thrown into the equation. Undoubtedly, it’s good to be generous with our loved ones. However, at the same time, one...
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A 25-year-old man posted in the Salary Reddit group about his job as an Audi service advisor. He grosses $160,276 and gets $119k in take-home pay. He’s earning more than the average household and...
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A 25-year-old accountant recently posted his income progression in the Salary Reddit group. He graduated from college in 2021 with a degree in accounting and earned $103k in 2024. He had previously...
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In 2025, Social Security retirees can get a check worth up to $5,108 every single month. According to the Social Security Administration, this is the maximum benefit payment available. It’s...
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I’m a huge fan of 529 college savings plans, but perhaps not for the reason you think. You see, I live in a state (Indiana), where the tax benefits of contributing to a 529 plan are simply too good...
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Retirement represents a major transition in life. Not only does your day to day schedule change completely, but your financial circumstances might undergo a major shift. That’s why it’s so...
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Reddit is a funny place, an online forum apparently populated primarily by millionaires seeking free financial advice from strangers on the internet. (Hint: Never rely exclusively on advice from...
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Like most kids, I grew up playing board games. One of my favorites was Monopoly. I liked it so much I’d play it by myself if nobody else wanted to. Money was scarce in our family, so I gravitated...
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As someone who’s still young and just getting started in their professional career, it can feel tempting to “enjoy life” and spend a bit more rather than save for the future. Indeed, the rise...
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While the idea of retiring in a beautiful paradise like Hawaii might sound great on paper and in pictures, you have to think through what a move like this would mean. On the positive side, you would...
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There are many people who sign up for Social Security in their 60s and end up collecting benefits for 20 years or more. And for people in that boat, Social Security cost-of-living adjustments, or...
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A Redditor recently posted in the Fat FIRE subreddit about a large deferred compensation payment. The Redditor aims to retire at 55 with $2.5 million in deferred compensation. While the current...
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Inflation has a tendency to erode retirees’ buying power over time. That’s why Social Security cost-of-living adjustments, or COLAs, are so important. Automatic Social Security COLAs were...
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It’s possible to more than quadruple your income in a few years, and a recent Reddit post proves it. An accountant shared their income history of how they went from $45k/yr as an office manager...
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