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
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!” That is a famous quote from Leona Helmsley. A rich hotel owner from NYC in the 1980s. She was known
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
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
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 are also good also but somewhat limited in nature Contributions are made on a pre-tax basis like 401Ks One pays the taxes upon
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
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
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
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
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
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 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
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 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.
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
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
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
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
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
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.
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
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
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
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.
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
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
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