Did your parents teach you about money as a kid? How so? What is your favorite style of beer? And what is your favorite beer in that style? What is the best thing you’ve read lately? How do you handle people with different views on money, ie spendy people? via Read more…
The solution to this conundrum is simple, yet may be painful for many: You need to keep your expenses as low as possible for as long as possible. For some people, that could mean living a few extra years at home with mom and dad while you pay off student loans. Read more…
Below is a snapshot of my expenses while working on the road in 2011. From volunteering in New Zealand, traveling through North America, Europe, and Asia, and housesitting in the Caribbean, there was a lot of variety. All in all I traversed 13 countries and a total of 73,000 kilometers Read more…
Basically, Blow Money is great for your relationship. If you have your own little slice of money to blow, you’ll be less likely to hold animosity toward one another for that impromptu video game or shoe purchase. When it comes to your relationship and your money, you need your space. via Read more…
I know of many people who spend much more than this as well, such as someone who recently told me that they spend over $300 a MONTH on their cable bill. While that may seem crazy to you, I have heard of many people who pay this much money and Read more…
“Freedom” money is a beautiful concept, something that I’m sure many people dream about. The question really comes down to whether or not it’s something you really want for yourself. It’s not an easy road to get there, but you can make it there if you make the choice. Will Read more…
Every study reports the same finding: We spend more when we pay with plastic than when we pay with cash. And one of the most commonly offered pieces of advice for those trying to stick within a budget is to pay with cash rather than credit. Yet the strategy remains Read more…
I didn’t give myself the option to spend the money on anything else. No matter where the extra money came from, it went to debt. Because it was extra, I didn’t want to absorb it into my budget. I also didn’t want to inflate my lifestyle. My expenses didn’t expect Read more…
Owning your own business is rewarding, but it’s also a major work out on both your body and your brain. And I have a much bigger appreciation for both sides of the coin now, fully realizing there’s no shame at all in working for someone else. Despite what people might Read more…
Expense reduction and optimization isn’t about avoiding the daily Starbucks or always flying out on a Tuesday. Those things help, for sure, but you need to look at expenses the same way you look at saving (a penny saved is a penny earned, right?). Most financial gurus, and me, advise Read more…