I make it a point to immediately ‘freeze’ any extra liquid cash that I have by quickly adding to my dividend-growth portfolio. The reason is simple – any liquid cash lying around (or in a bank account) runs the risk of being spilled on the ground. Have you ever noticed Read more…
… In talking with people about money–something I get to do on a regular basis thanks to Frugalwoods–I find that just about everyone has, or had, a hang-up with regard to money. We spend and we save emotionally. For the most part, we don’t see money merely as numbers on Read more…
Let’s establish up front that goals are something more substantial than dreams or wishes. They can start with dreams or wishes, but they have an action plan behind them – something that spells out how we convert a desire into something real. That’s especially important when it comes to financial Read more…
But because we spend our time thinking about it so often, we forget that money is just the tool to help us reach our vision. Money is a means that allows us to reach our end goals. The reason you hear people say that money can’t buy happiness is because Read more…
You’ll sometimes hear these days that 30 is the new 20, and the importance of moving towards career, relationship, and finance goals in your twenties gets overlooked. When it comes to the latter category, it may seem like getting your financial house in order is something you can work on Read more…
Basically, you’ll have to decide whether to: Stay on track with your goals and replenish your emergency fund later, or ; Reduce your savings/debt goals or put them on hold until your income picks back up. If you choose Option 1, you’ll simply stick to your goals and add them Read more…
I thought it would be fun to look at a typical week for me because it might help others figure out how they can fill their free time. The schedule also shows the diversity of daily and weekly activities for me. No two days are alike, and each day typically has a mix of Read more…
Are you looking for that one weird trick to catapult you to epic frugality and an early retirement epiphany? Do you want to know the super secret tactics Mr. Frugalwoods, Frugal Hound, and I employ to attain our sky-high 71% savings rate? Have you been prowling the internet for “hot Read more…
… I want to pass this gift along to my son if at all possible, because it is truly a great way to live. After all, as parents we are really in the business of producing the happiest and most capable adults we can, given the constraints of the real Read more…
… Most people just want to be comfortable. Physical, psychological, and emotional comfort is the primary goal of the middle-class mindset. The wealthy, on the other hand, learn early on that becoming a millionaire isn’t easy, and the need for comfort can be devastating. They learn to be comfortable while Read more…