Financial Blog


How to retire early: Early retirement by the numbers

More and more, I'm meeting people who want to know how to retire early. There's been a lot of buzz in the media lately about early retirement, and that's led folks to wonder how much money they would need to quit their jobs — or if early retirement is even something they should consider. Why […]

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Why don?t Americans save?

A new report from the Center for Financial Services Innovation says that only 28% of Americans are financially healthy. And it reinforces something we already knew: The U.S. saving rate sucks. Americans don't save. The U.S. Financial Health Pulse divides people into three tiers of financial health. Financially healthy people (28% of the U.S., 70 […]

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What we talk about when we talk about risk

Everybody?s financial situation — age, income, saving rate — is different. But every retiree, early or late, aspiring or actual, has the same, simple investing imperative: We must preserve and grow our purchasing power in real terms in order to finance decades of future consumption. This sounds simple (which it is) and obvious (which it […]

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Inside jobs: What do people do all day?

Last week, I found myself revisiting the fantastic Inside Jobs project from The Atlantic. Atlantic staffers interviewed 103 American workers from all walks of life. The magazine then collected those interviews into a single, unified website. Here's how one of the project's leaders describes her aims: So much of my aspiration for this project was […]

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J.D. on the Adulting podcast: Learn to control what you can control

While tidying up and decommissioning my old Money Boss website, we found a couple of treasures that deserve to be shared here at Get Rich Slowly. This is one of them. A couple of years ago, I was a guest on the excellent Adulting podcast. Although targeted specifically at young adults, this show has great […]

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Time is more valuable than money

It's a GRS tradition! Each year on Halloween, I publish a story about planning for death. Usually these are general articles about estate planning. This year's story is personal. When my best friend died in 2009, one of my biggest regrets was that I hadn't made time to travel with him. Sparky had previously asked […]

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Should you pay off your mortgage early?

My friend Amy recently wrote with an interesting dilemma. “Should I pay off my mortgage early?” she wonders. Amy has a high-paying job and has managed to save enough that she could be completely debt-free if she wanted to. And she kind of wants to! But is this the best choice? She's aware that this […]

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The best of both worlds: How to find quality products without spending a lot of money

Our recent three-part discussion on choosing quality over price has been interesting. (If you missed it, here's part one, part two, and part three.) It's clear that most of you money bosses value quality, but not all of you are willing to pay a premium to obtain it. And some GRS readers don't think it's […]

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The boots theory of socioeconomic unfairness

When I wrote about my $80 pajamas, I never imagined it'd spark a three-part series of articles. Yet here we are. On Monday, I wrote about why I chose to buy high-quality pajamas. (I've been wearing them all week, by the way. They're awesome.) On Wednesday, I published a follow-up piece that explored the “buy […]

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Buy it for life: Choosing quality over price

Note: This is a substantial re-write of an article I first published more than twelve years ago. (Yikes, I'm old!) I've opted to keep some of the older comments if they had good suggestions. Earlier this week, I wrote about my quest for quality pajamas. I recently paid $80 to purchase a pair from Filson, […]

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