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
Tag: Save Money
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
Investing in gold? Does it make sense?
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
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
Excellent ETFs and boring bonds
Excellent ETFs: ETF are exchange traded funds sold on the market. They may be portfolios of stocks in a certain sector such as energy, technology,
More Investment fund types
Real Estate Funds: These funds invest in REITS and public real estate stocks. REIT= real estate investment trust. Usually they can be broad market, sectors
Marvelous Mutual Funds
Mutual funds are great for beginners. Why do I think this? They allow one to get in on the action of stocks, bonds and real
Learning More about Investing
Now that you know a little about saving and investing it’s time to dig in a bit deeper. Here are some resources for newbies to
Boozing on the cheap
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
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.
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
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
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
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
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.
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.
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
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
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 $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 