Steven Gilbert

one man shop

My name is Steven. You can call me Gilbert. I'm a one man shop. And software developer. And I write about financial independence because I'm a diligent student of financial independence. While I come from humble beginnings, I've reached financial independence before the age of 30 because I read a lot, live frugally, save more than 75% of my earnings, and invest in low cost index funds. And I teach financial literacy here on and share my opinions on money and financial independence as the featured columnist of If you spend time around these parts, you will learn how to dominate money and become financially free yourself. And will be in the top 1% in terms of financial savviness.

For now, if you'd like a head start:

Number 1: If you're in debt, get out of it. Now. Hurry. And don't let anyone tell you different. Debt is evil. Debt is wretched and smells and is the antithesis to financial freedom.

Number 2: Learn what compounding is. And understand how it can make you rich beyond your dreams. Marry compounding. Love compounding. Respect compounding.

Number 3: Find ways to make your money compound (e.g., low cost index funds).

More to come.

I'm from New Jersey originally. Did my undergrad at the University of Wisconsin-Madison. And I'm currently in deferral at UC Berkeley Law School.

Blog Posts by Steven Gilbert:

Cryptocurrencies - Get Rich Quick (or not) and Investment vs Speculation

Lots of people are giddy over the sky rocketing prices of cryptocurrencies like Bitcoin. It’s easy to confuse speculation with investing. We explain the difference.

Financial Literacy

Financial Tales of a Digital Nomad

Many people would call my lifestyle that of a digital nomad because my main source of income comes from work on the computer and I travel regularly. Which means I've amassed a wealth of knowledge ...

Personal Finance

What is Passive Index Investing?

Passive Index Investing is an investment approach characterized by four main features: 1) the index, 2) the index fund, 3) passive management as opposed to active management, and 4) low costs.

Financial Literacy, Personal Finance

The Consumer Financial Protection Bureau Complaint System

Do you have a bone to pick with a bank or financial institution? If so, you might be interested in learning about and using the Consumer Financial Protection Bureau’s complaint system because it could help ...

Personal Finance, Risk Reduction

What is an Expense Ratio? Part 2

The components of a fund's expense ratio explained in detail. In short it goes to the fund's management, advertising cost, and company 'slush fund'.

Financial Literacy, Personal Finance

What is an Expense Ratio? Part 1

Expense ratio is one of those cryptic financial terms that has a dramatic impact on the performance of your mutual fund or exchange traded fund (ETF). And if you invest in mutual funds or ETFs, ...

Financial Literacy, Personal Finance

The Golden Rule: Keep Your Investment Costs Low

Want a bigger slice of the pie? If you desire financial independence, remember to keep your investment costs low because you put yourself in position to lose less money. And likewise, you’re in better position ...

Financial Literacy

The Eighth Wonder of the World - Compounding

If you understand compounding—the idea that interest grows on interest—you probably already know more about money and how to build wealth than 90% of the population. And you will have at your disposal a weapons-grade ...

Financial Literacy

The Time Value of Money

How well do you think you know money? Money in hand is great, but at what point is it smarter to defer and receive a larger amount in the future? Here's a challenge for you...

Financial Literacy, Personal Finance