How to House Hack
If you’ve ever thought about buying a house and renting out one or two of the rooms to help cover the cost of the mortgage, then you know exactly what house hacking is! The concept itself is straightforward: buy a property and rent out a portion of it to recuperate some or all of the…
Key Lessons from Buying My First Home
I bought my first home at 25 years old–without help from my family. Looking back, it was a huge risk that I am not sure that I would take on even now, 4 years later. I was encouraged by a friend, who was into real estate, to purchase a home to house-hack (see the How…
Prioritizing Health
Healthcare is one of the fastest rising costs right now, far outpacing the standard inflation rate. While the typical CPI based inflation rate averaged around 2.6% since 2000, medical care costs averaged 3.4%. While that might not seem like a large difference, over a 24 year period medical care costs rose 121% while normal goods…
12 Financial Mistakes to Avoid
Financial freedom is like trust–it takes years to build and an instant to ruin. Building a financial foundation takes persistence, sacrifice, and dedication, but a single bad decision can set you back years or even decades. Here are some financially debilitating decisions that a lot of people don’t think hard enough about. Keep in mind…
Creating Strong Personal Finance Habits
I learned the art of habit-building from James Clear’s book Atomic Habits. His book focuses on four key principles which we will apply to habits related to personal finance. As with any resource, this is not comprehensive (what truly is?), rather, it will help you make changes to your financial system that will help you…
Personal Finance for Young Professionals 