Last week I wrote about my experience getting denied by an online bank with an international wire transfer. I talked about the importance of figuring out if your bank allows these wires because if you need them in a dire situation, it’s going to be too late and your loan is going to go unpaid [...]
Why Don’t Online Banks Accept International Wire Transfers?
by Austin on Jun, 30 2010 in Banking, Life Abroad
Interview with a Location Independent Family Man in China
by Austin on Apr, 04 2010 in Life Abroad, Money, Travel, Work Abroad
Location independent careers are a hot choice in today’s economy. Live where you want while you do your work online with Skype? Sounds good! Today we can take a look into the life of a location independent worker. William runs the site Business is Personal (Finance) and he and his family recently moved to Southeast [...]
Foreign Savings Accounts and CDs (Not Just For Those Abroad)
by Austin on Mar, 30 2010 in Banking, Investing, Japan, Life Abroad, Money, Savings
As currencies like the Euro and China’s yuan become more popular, the days of the dollar dominating the world’s financial markets could be a thing of the past. So what does a weakening dollar mean for the 90% of people who read this site who have 100% of their money in dollars? Well, diversification is a [...]
Why You Shouldn’t Save Money Like a Young Chinese Woman
by Austin on Jan, 21 2010 in Debt, Life Abroad, Savings
“[Chinese women] under 32 have an effective savings rate of zero.” This quote comes from an article from Financial Times (via Jezebel) highlighting the 21st century yue guang zu or “spend-all-your-salary clan” women of China. These twenty-something, working-class women are spending the bulk of their monthly paychecks on glamorous items like clothes, jewelry, expensive restaurants, [...]
Welcome to FF!
Hi, my name's Austin Morgan. I teach English in Japan and write about money for twenty-somethings. Feel free to contact me with any questions and I hope you enjoy the site!


