The Bottom Line
If you want serious money, you have to get serious about money. You need to understand these fundamentals and never forget them. Don’t let all the garbage reported in the financial media you read, see, or hear confuse you about what money really is. Don’t consume more than you make:save! Don’t spend: invest!
Tilting the Scales Overall, this is a really good compromise that tilts the work/life balance very far toward “life”. It’s not quite early retirement but it’s also not quite full time work. We could fancy it up and call it “semi-retirement” or something like that if we really had to find a label. Here’s a […]
What It Takes to Earn Passive Income Before we get into the passive income ideas I think it’s a good idea to first clear up a couple of misconceptions. Although the word “passive” makes it sound like you have to do nothing to bring in the income this just isn’t true. All passive income streams […]
Your Friends Should Respect You And Your Choices Frugal Hound’s friends respect her choices Real friends who are worth spending time with will respect your life choices. Mr. FW and I have discovered over the course of our extreme frugality quest that being honest with our friends and family about our financial proclivities goes over very well. Our […]
Finances, they’re so hard! Well, not really, if you take some time to get familiar with the topic. Here’s a great book list to help you do just that.
Since deciding to own less, I’ve experienced countless benefits: more time, more money, more freedom, more energy, less stress, and less distraction. Owning less provides me the opportunity to pursue my greatest passions. It’s great. And I’ll never go back to my previous lifestyle. But along the way, I discovered something even better than owning […]
9) Fewer consumer choices = happiness. Eliminating shopping from our schedule frees up both our time and mental resources for more productive endeavors. It takes a fair amount of energy to spend the afternoon at the mall selecting the perfect shade of turquoise golf shorts. It’s a lot easier to wear what we have–or score something […]
We spent years going to open houses and investigating the market before we bought our home; adopting Frugal Hound happened only after years of holding off for the right moment to own a dog; we waited to get pregnant until we felt adequately prepared for the challenges of parenthood; I didn’t go to grad school until I […]
Abandon Guilt, Embrace Your Truth While there’s certainly merit in learning from others and sharing our stories, I find that blatant comparison almost always yields frustration or guilt. We only have incomplete understandings of other people’s lives and trying to model our choices off of theirs is naturally flawed. Hiding her face in shame: not very productive, […]
#1: You Can Afford Anything. You Just Can’t Afford Everything. Don’t tell me your values. Show me how you spend your money, and I’ll know what you value. Don’t tell me, for example, that you “can’t afford” to travel the globe or invest for retirement if you’re simultaneously buying nice clothes and hitting the bars. […]