Long-term wealth begins with what happens after income reaches a bank account. A large salary can disappear into a costly lifestyle, while an ordinary income can slowly build ownership of assets that continue to appreciate and generate cash flow. The gap is not intelligence or work ethic. People with more money often receive earlier exposure … [Read more…]
Fall gets a lot of love from people celebrating the cooler temperatures, changing leaves, and spooky stories. But if you’re a summer-always type of person, you might dread the change of season (and the even colder days ahead). The good news? There are plenty of destinations where you can bypass the classic fall vacation for … [Read more…]
Most working-class parents give their kids the same money advice. Get a steady job and stay away from debt. That advice keeps many families afloat, and it deserves respect. It just leaves out most of what upper-class families teach their children about building wealth that lasts beyond one lifetime, which the ten sections below cover. … [Read more…]
“It seems like a lot of effort.” That’s the main reaction I get from other parents when I tell them we’re doing another trip. And you know what? They’re not wrong. It is a lot of effort. But usually, the effort that it takes to travel with a toddler has nothing to do with the … [Read more…]
Moving from a working-class income to real wealth almost never happens in one dramatic move. It happens through small behaviors repeated for years until the math stops working against you and starts working in your favor. None of the habits below require a windfall or an inheritance. They are all available on an ordinary paycheck; … [Read more…]
“Mom, I just wanted to thank you for bringing me. I think that is my favorite thing I’ve ever done at Universal.” These words from my 13-year-old son almost brought me to tears the morning after our first visit to Universal Orlando’s Halloween Horror Nights (or “HHN,” as most people call it). Maybe it sounds … [Read more…]
The wealth gap in America is discussed mostly in terms of income. That framing misses something. A person can earn a solid salary for decades and still end up with almost nothing to show for it if that income never turns into an asset that grows on its own. The upper class tends to hold … [Read more…]
When it comes to cruising, there are plenty of add-on costs, from Wi-Fi and cruise packages to gratuities and specialty dining. And while it can be great to have everything you need for a week on the high seas included in one bundled cost, there are some things you need to know before booking a … [Read more…]
Jumping from the working class into the upper class in a single lifetime is rare. It takes more than a good job or a lucky break. The people who actually make this jump tend to change several things at once: how they earn, how they spend, how they invest, and who they spend time with. … [Read more…]
They say you get almost as much joy from planning a trip as you do from the actual experience of the trip, and at least for me, that’s very true. (I mean, I did work at Tripadvisor, after all!) Deep research on itineraries, cuisines, cultural practices, history…it’s part of what I love about traveling, honestly, … [Read more…]