Timeless Articles from the Archives #32

It's been over four years since I started My Wealth Builder. As I think about topics to write , I often remember, "I've written about that before," and decide to find a new topic. However, since many principles of personal finance are timeless, I want to include them in a recent post on My Wealth Builder. Therefore, I have started a series called "Timeless Articles from the Archives" and am highlighting posts from the same week in 2007-2010.


2007

Survivor Income Insurance- Social Security Provides Coverage - We became eligible for a new form of Social Security protection, survivor income insurance, when we adopted our daughter.

Maintaining A Margin of Safety - For me, a margin a safety is "additional protection" that one creates to insure against over estimating the value or against an unexpected issue.


2008

Personal Finance Simplification - Bank Account Consolidation - We now only have one bank..

Reviewing Our Risk - The following three risks help me remember to consider potential losses.

Rewards and Challenges of Early Retirement - Retiring in our forties has been great experience with both rewards and challenges.

Why I Don't Like A Big Tax Refund - It's my money :-)


2009

The Recession Has Stress Tested our Financial Situation - Overall, we survived the stress.

Expect Recessions to Occur - The average time between recessions is seven years.


2010

Being Prepared for an IRS Audit - Here are the things I do to be ready for an audit.

Independent Contractor versus Employee - A good skill to learn :-)

Top Three Things to Like about (Early) Retirement - To me, unless I have a substantial small business (e.g. six figure revenue), I prefer being an employee over being an independent contractor.

To me, the content of these posts are still relevant today and worth reading again.

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This is not financial, tax, career, investing, retirement or saving advice. Please consult a professional advisor.

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