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Best of Self Employment

What Was Your Lowest Point Financially?

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Have you ever been in so much financial trouble that you thought – this is rock bottom? Personal finance is not easy and most of us have been through a few tough situations. I think that’s how people discover personal finance blogs. They get in trouble financially and want to turn things around. When you’re […] Read More

The Downside of Financial Independence

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I’m a huge fan of Financial Independence. It’s the pinnacle of personal finance achievement and everyone should at least learn about the concept. Of course, it’s even better to pursue financial independence and then achieving it. We reached financial independence in 2012 and I retired from my engineering career soon after. My life improved so […] Read More

Follow Your Passion is Bad Advice Unless…

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Is ‘follow your passion’ a relatively new concept? I never heard this when I was a high school student in the late 80s. My parents wanted me to study engineering or medicine. These careers will support a family. Their advice was to follow a good steady paycheck because life will be easier. They worked minimum […] Read More

Why I’m Hiring Our Kid as an Employee

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Last week, I had a talk with RB40Jr on the way to school. I reminded him that I have a blog and asked if he’d like to work for me. I could pay him to use his photo on Retire by 40 and also for whenever he takes a good picture that I can use. […] Read More

How Did The Financial Crisis Change You?

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Can you believe it’s been 10 years since the Global Financial Crisis? It was a huge event that shaped many lives. Ten years is a long time and a lot of things can change. That’s the focus of a new yearlong series at NPR’s Marketplace – Divided Decade. I listened to a few stories on […] Read More

How to Grow Readership for Your New Blog

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This post is for the budding bloggers who need help growing their readership. Last year, I posted – How to Start a Blog and Why You Should. It is a good guide and I’m proud of it. However, that’s not quite enough for new bloggers. A few people told me they needed more help. My […] Read More

How to Start a Blog and Why You Should

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A few weeks ago, I went to drop our kid off at school and met one of his friends’ mom. We had a short conversation while we waited for the kids to go inside. She asked what I do, and I told her I’m a blogger. She must have heard “logger” because she said something about […] Read More

Are You Your Greatest Asset?

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Here is a tricky question for you – What’s your greatest asset? Is it your house, car, jewelry, or investment portfolio? Ha! You’re thinking – I know the answer to this one. It’s me! I’m my greatest asset. Yes, that’s a great answer to this trick question. Many successful people like Warren Buffett would support […] Read More

What’s Your Ideal Work?

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What’s the difference between ‘work’ and ‘job’? We use these two words interchangeably most of the time, but there is a subtle difference between them. Here are the definitions from the Oxford online dictionary. Work – Activity involving mental or physical effort done in order to achieve a result. Job – A task or piece […] Read More

How to Fund Your Early Retirement

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Early retirement sounds awesome, but how do you pay the bills? Many financial planners recommend saving 10% to 15% of your income for retirement. That standard plan should enable you to comfortably retire in your 60s, but it will be practically impossible to retire early. You will have to think outside of the box if […] Read More