Speaking of wines, I don’t think it’s wise to spend more than $10-$15 per bottle for most people. The reason I say that is they
Author: Mr. Cash Hoarder
I like to wear gold chains because of all the money I save by being frugal.
Time Shares,Vacation homes, RVs
Time shares: No, don’t take the tour and sign up! While this might seem like a good idea they are hard to sell once you
Be your own handyman, lawn boy and maid
Do your own work around the house You should not be paying someone to mow your lawn, shovel your driveway, clean your house etc. No.
The Can Man recycles money into the pocket
Many states have a bottle deposit on soda cans, water bottles, sports drinks, beer bottles and the like. The deposit is normally $0.10 or $0.05/
Monthly Payment Trouble
Beware of high financing costs baked into the payments. Always know the cost of the item and the cost of the financing. Most of the
Clipping Coupons?
I have mixed feelings about coupons. I don’t like to clip them. I feel couponing leads to more consumption. It’s better not to buy at
Don’t Be a Miserable Miser!
Mantra: Frugality is our rake to bring in more money so we can invest it and make more money! One does not need to be
You Need Emergency Funds!
Rule #1: Set up an emergency fund in liquid savings with 6 months of living expenses. You will need money if you get laid off
Only little people pay taxes
“Only little people pay taxes!” That is a famous quote from Leona Helmsley. A rich hotel owner from NYC in the 1980s. She was known
Introduction to investments
There is a subtle difference between investments and savings that many people don’t understand fully. The purpose of saving is to not spend and accumulate
Rewards Cards are Great… Sometimes?
Reward cards in my view deserve special mention. I don’t encourage their use as they are a form of debt unless you plan to pay
Side Jobs for Extra Cash
Let’s say you are working hard to pay off your debts and you want to earn some extra cash on evenings or weekends. You can
Traditional IRAs
Traditional IRAs are also good also but somewhat limited in nature Contributions are made on a pre-tax basis like 401Ks One pays the taxes upon
Picking up payments
Pickup trucks for the weekend warrior. They sure are popular in today’s economic climate. As I go to the office I see more and more
Avoid Expensive Toys (boats, RVs, ATVs…)
Toys, toys, toys for all the good boys. No! There is no Santa and you are adults with jobs and responsibilities. Big boy toys are
Debt in retirement is a big no no
Never take debt into retirement or accumulate debt in retirement. You may have to go back to work full time! Not cool and they may
Retirement Totals Needed to be Comfy
How much money will I need to retire? A lot most likely. It all depends on when you plan to retire, how long you plan
Pension Problems, They May Not Be Guaranteed
Pensions are great…. for the lucky few that have them If you are going to get a pension that is great but increasingly rare. Consider
Rocking Roths
Roth IRAs are a supplements to 401Ks A Roth IRA is a retirement account that is funded with post tax dollars instead of pre-tax dollars.
Ramen Retirement 401K & IRAs
Ramen noodles for life! Doesn’t that sound great? All the flavors in the world! Chicken, Beef, Shrimp, Jalapeno and Spicy Chicken. While these may be
Car Loan Trap
I don’t like car loans. The reason for this is you are making payments on a depreciating asset with interest. People often also end up
Credit Card Bill Payoff
Credit cards are the worst kind of debt. You are paying high interest on stuff you probably didn’t need to buy in the first place.
Paying off student loans
Ah student loans, seemingly so innocent when signing the promissory note but in reality deadly serious. Why do I say that? Federally backed student loans
Transportation Savings
If you take public transportation in a big city Buy a monthly pass with using a Wageworks account and pre-tax dollars if available given your
Fitness is Fabulous and Saves Money
Some people say cancel the gym to save money. I say not so fast. Perhaps you can find a more reasonably priced option. Physical fitness
Saving on groceries
The simplest way to save money is to not buy anything but you need to eat so let’s see how we can spend a little
Frugal Living Mantras
The philosophy of how to live frugally and be happy. Frugal living is our rake to bring in more money so we can invest it
Making Lemonade from Lemons
So let’s say you splurge and end up buying things you don’t need or regret buying later. It happens to everyone including cheapos like me.
Cut the Cable TV umbilical cord?
Cutting the cord is quite popular now. Whether it is the right choice for you depends on a few things. Cable tv is most certainly
Save on Your Utilities Now
You can’t avoid utilities bills but try to minimize them Electric bills: You have to pay to power up Install LED light bulbs in all
Cut those subscriptions
The cost of subscriptions can add up fast per month if not properly managed. Each one alone seems innocent enough by themselves but together they
Save on dining out
Dining out tends to be expensive however it is good and necessary to go out once in a while to socialize with friends and relax.
Welcome to Mr. Cash Hoarder Blog
The easiest way to make money is to save money! The purpose of this site is to educate on how to use frugal living to
Save $200 per month on lunches and dining
I used to think my boss was crazy for bringing his lunch every day to the office. However he has a second house in the
Save $150 per month on coffee
Small changes bring big savings! Let’s start with your daily caffeine habit. Chances are if you work you drink coffee and pay a lot for
Mr. Cash Hoarder 