Your savings rate, particularly when you’re young, has a much greater affect on your wealth accumulation than higher returns do. The reasoning for this is simple. When you’re portfolio is small, you’re...
Read MoreAfter making no progress between July and August, it was nice to make a big jump in net worth for the month of September. Overall, my assets remained the same (darn investments!) but I decreased the balance of my student loan by...
Read MoreI basically went a year without experience any of the symptoms of my new income. I didn’t really increase my discretionary expenditures once I started my full-time job. Actually, I probably decreased the money I was...
Read MoreAugust has come and gone in a hurry. As you might have noticed, I didn’t make a single blog post in August! This really isn’t acceptable, and I promise I’ll make a couple in September! A lot has been going on....
Read MoreI haven’t been making as many posts recently as I’d like because I’ve been swamped at work. Now things are calming down and I should return to posting more often. However, I couldn’t let the end of the...
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I’m Will, the creator of HackingTheBank. No, this site isn’t about actually hacking banks. This blog is all about maximizing personal finance decisions so that we win instead of the banks.
I started this blog in 2010 when I graduated college with $43k of student loans and a negative net worth. Since then I’ve achieved milestones like getting married, buying a house, and tripling my income. During this time my wife and I managed to earn over 12,000,000 miles and points and used those points to travel to over 50 countries. And all of these points came from banks; neither of us travel for work.