Your vehicle costs more than your after tax income for one year Your car loan has a duration of longer than five years, ie 60
Do you choose to be rich or poor? Decide now! Everyone would choose to be rich however their behavior shows that they in reality want
You want to drink some scotch but not pay a small fortune for single malt scotch whiskey? Well here is your ranked list of affordable
A recession is a great time to stop smoking to save money. It’s very expensive and the numbers over a long period of time are
So you are stuck at home. Time to hit Starbucks for a coffee before you start the day. Huh??? No! You are home so stay
Now that you are stuck at home you are likely drinking more. So let’s talk value given we are in a recession. First off, I
So let’s say you get a bonus at work or the government gives you $1200 or some other amount of money. Maybe you get a
So stock prices are falling like a rock! I am scared to invest! Perhaps you should be. Or maybe you should think like a predator
The average person is a money fool. Why would you say something like that? Because it’s true….financially. BTW Mr. T’s classic 1980s quote is “I
Do you need to make some extra cash selling things? How do you sell on Ebay? First investigate pricing for similar used item online on
All the financial papers are talking about the next recession. When will it get here? It’s likely here now or will be soon due to
Here you will find several expense tracking templates to help you in budgeting
Retire at 35 and sail away to Bali! What a plan! While this is admirable in my book it’s not very realistic for most people
You should track all your spending each month to determine where your money is going. This best way to make money is to save money.
So you’ve read the news about climate change impacting some person that lives on an island nation in the South Pacific that is going to
Credit cards are the devil! If you have a credit card debt you will understand this statement very well. Here is why I say this.
So you want to use the F.I.R.E. method of financial independence to retire early? Well then here are the templates you will need to get
The average consumer is a financial fool. Why would you say something like that? Because it’s true….financially. BTW Mr. T’s classic 1980s quote is “I
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
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
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
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
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?
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
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
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
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
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
Modern Monetary Theory = MMT What is it? Politicians may start talking about this in economic debates and we are already using it. The theory
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
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
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 are sometimes available to those frugal living folks who ask. So if you work for a big name company go ahead and ask
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
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
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
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.
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
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
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
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
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
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,
If you use a lot of something buy it in bulk at a warehouse club. That 64 oz / 2 Liter bottle of ketchup will
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.
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/
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
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
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
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
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
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.
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
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.
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