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Chris Reining

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Financial freedom seems impossible, where do I start?

Today’s question comes from Rosie. She asks:

“Where the F do I begin?! I read Rich Dad, Poor Dad a few months back and have been procrastinating ever since because I didn’t know where to get started. My ultimate goal is financial freedom but it seems nigh on impossible right now (I’m a student, undecided if I should carry on my course, no job, heavily relying on partner’s income). That there is a load of...

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By Chris Reining / 4 Comments

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Should I use Betterment or Vanguard?

Today’s question comes from Amy. She asks:

“I’m in my late 30s, and feel like I’m on the upside of a weird roller coaster. Three years ago I was borrowing money from my Roth IRA to make rent, this year I’m trying to figure out the best way for my husband and I to invest $100K so that it’s not just sitting in a checking account. I know that’s not everyone’s problem, and I don’t...

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By Chris Reining / 15 Comments

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When should I quit my job to be an entrepreneur?

Today’s question comes from Joe. He asks:

“I’m in a very similar spot you were in before you decided to leave your job, although without as much money saved.

I’m 28, have $100k or so in the bank, making about $170k/year, and building something on the side that I hope becomes my full time endeavor.

On top of it, I’m in a serious relationship and I’m feeling the pressure to propose but in my gut it doesn’t...

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By Chris Reining / 5 Comments

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How can I help my friend who is bad with money?

Today’s question comes from Vinny. He asks:

“I’m in a really good place financially so I’m coming to you for advice to help my friend. I met him in college and we are still very close going on 4 years since graduating. I’ve noticed he doesn’t save money and spends carelessly. He has picked up a second income to keep up with his lifestyle inflation although he still lives pretty simply.

Even though he has a...

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By Chris Reining / 0 Comments

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Should I invest money I need in the next few years?

Today’s question comes from Scott. He asks:

“My girlfriend and I recently decided to take the next step and move in together. We both own homes, and decided she would move into mine and sell hers. We currently live in Baltimore city, and plan on selling my house and purchasing a home together in the country within 2-3 years most likely.

She has around $40k in profits from her sale and as she is extremely risk...

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By Chris Reining / 5 Comments

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