Tag: #frugal living

I recently read an article that said Millennials and the generation after them are afraid of investing. Interesting. Perhaps some education is in order. I

Who does F.I.R.E. Method work for?

So we have seen FIRE works in these posts. Right then. But who does it work best for and why? Let’s find out. I have

How F.I.R.E. savings really work

You’ve heard of people saving tons of money and the retiring at age 40. Sounds great. How do I do that too? Well it’s not

Using Expense Tracking Templates to Save Money

September 15, 2019 Mr. Cash Hoarder

Here you will find several expense tracking templates to help you in budgeting and figuring out where the money really goes. Download the file, open

Fight Age Discrimination with Frugal F.I.R.E. Savings

Remember the old Steven King movie Children of the Corn? The one where they got rid of the adults and people that were too old?

Saving money on weekends is easy

September 14, 2019 Mr. Cash Hoarder

I’ve talked about saving money during the week but the weekend is when we let it all hang out right? And that is what makes

Help! I Have No Company Retirement Plan!

September 8, 2019 Mr. Cash Hoarder

Are you screwed if you don’t have an employee sponsored retirement plan? Of course not! However you are going to have to work a bit

How to sell on Ebay

So let’s say you have some old items you want to cash in. What to do? How do you sell on Ebay? First investigate pricing

Save on car maintenance

Routine maintenance savings Oil changes: Do it yourself if you know how. You may, need to reset service light on some cars. You can buy

How to save money during the week

Everyone has their typical daily routine. This is how I save money on a workday. 7 am: Breakfast at home of say granola bar and

How to deal with inflation

Inflation. What does it mean? It means the money tomorrow is worth less than what it was yesterday. The money has less purchasing power. Have

Investing in gold? Does it make sense?

September 1, 2019 Mr. Cash Hoarder

You’ve heard of people investing in gold in case financial catastrophe hits. Is it wise? Well it depends on how bad you expect things to

About This Frugal Living Blog

I wrote this blog after seeing people around me living beyond their means, taking on too much debt and not saving enough for retirement. The

Recession Preparation and Survival

All the financial papers are talking about the next recession. When will it get here? No one knows. After nine years since the last one

Corporate Discounts Can Save You Money

Corporate discounts are sometimes available to those frugal living folks who ask. So if you work for a big name company go ahead and ask

Save Big on Housing

If you rent you can try to reduce your housing costs as follows. Get roommates to share the rent. A friend of mine had the

Unhiding Interest Rates In Monthly Payments

Let’s get back to our example of Gullible Greta from the vendor financing post and change the numbers a bit. Recall she is in the

Calculating Monthly Payments Easily

August 30, 2019 Mr. Cash Hoarder

Here I am going to show you how to use a financial calculator to do time value of money calculations you would need to calculate

Trailer Trouble

We often hear about unfortunate events happening at trailer parks such as say tornadoes. These potential places of disaster are also places of financial disaster.

Product Shrinkage is a Price Increase

August 30, 2019 Mr. Cash Hoarder

As the cost of inputs rise companies are looking to pass those costs onto you in the form of price increases. This is a form

Make Money on Housing

August 29, 2019 Mr. Cash Hoarder

If you have a property and own it you can put it to work by renting it out. You can’t rent out your rental apartment

Expense tracking

August 29, 2019 Mr. Cash Hoarder

You should track all your spending each month to determine where your money is going. This is the best way to save money. Look at

Trading and Brokers

August 29, 2019 Mr. Cash Hoarder

If you want to trade stocks you can do that through brokers. These come in full service and discount. Most people use discount online brokers

College savings, How to do It

Saving for college should start early to maximize compounding Take advantage of college savings plans offered by your state. The contributions grow tax free for

Extreme Frugal Living

There are groups of people out there who are into extreme frugality. These people may grow their own food, make their own clothes, raise chickens,

Wonderful Warehouse Clubs?

If you use a lot of something buy it in bulk at a warehouse club. That 64 oz / 2 Liter bottle of ketchup will

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

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

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

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

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

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

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 Heating: Save $50 to $75 per month Crank down the heat to 68 or 67

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