Finances

“I was holding onto 60% more stuff than I needed for all those years because of the emotional attachment I had to it. And the emotional attachment was based on the value I’d given each item. There were the books I thought I should read, the clothes I thought I Read more

“I think that through sheer determination, people can work their way into the life they want. But I also think it’s important to acknowledge how lucky we–and others like us–are on our journeys to financial independence and early retirement. It’s a luxury to have these goals and it’s a blessing to attain them.” via Read more

Since when did a $2,000 expense become a justification for a $20,000 loan? I couldn’t imagine she put more than 10% down, which means she is not only the proud new owner of a Jeep Cherokee, but also a couple hundred dollar per month car payment. via Why buy a transmission when you can Read more

The average tax refund last year was $2,792. This means that the U.S. government received an average of $2,792 in interest-free loans from 109,499,000 lenders (aka taxpayers), for a combined $305.7 billion. This works out to just over 73% of all returns resulting in a refund. via Tax Return Guide for Read more

Lie #6: Becoming Financially Successful Will Take Too Much Time/Be Too Much Work.  It’s not an easy task, going from a broke lifestyle to a financially secure lifestyle.  It takes time: time to educate yourself, time to implement changes in how you manage your money, and time to learn how Read more

Take 30 minutes and go through this article and then put it into practice. This is the part of “fixing your finances” that many people associate with misery. They have this idea that any cutting back at all is going to make their life miserable and that any choice not Read more

Can you follow the requirements that 12-year-old boy scouts are given for their personal management merit badge?  Honestly if we could get more kids to do this or adults then we would have a better finance situation with less debt all the way around.  I think you’ll be shocked at Read more

Budgets alone don’t solve all of your problems, just like training wheels alone don’t make you into an expert bicyclist. Instead, both training wheels and budgets teach you the basics and enable you to get started on your path. They can stick around for as long as you need them Read more

“Whether you think you can or cannot, you are right.” via Becoming Rich Is a Matter of Mind Over Money – The Simple Dollar.