Are Friends Frustrating Your Debt Free Dreams?
- Created on 27 July 2015
"You are the average of the five people you spend the most time with." Jim Rohn
Jim Rohn is a motivational speaker and credited with this nugget of interestingness. I can’t say it’s scientifically accurate, but for me it passes the smell test.
Giving Jim the benefit of the doubt, have you ever done an audit of your associations?
Financially Savvy Saturdays #100
- Created on 24 July 2015
If it ties into personal finance, we want to read it!
How the Wealthy Think Differently
- Created on 23 July 2015
I ran across an interesting article last year: 21 Ways Rich People Think Differently.
Being the rich-person-in-training that I am, the article immediately grabbed my attention.
However, I remember having a few issues with it. Some things just didn't sit well with my soul. So, I enlisted the help of my friend and resident wealthy expert (mainly because he is), Ed Peterson for his perspective.
When in doubt - ask.
5 Ways to Slash the Cost of Your Next Vacation
- Created on 15 July 2015
I love to travel. I love having new experiences. Now that I have two little ones - I love bringing them along for the ride (even if they can't quite appreciate it yet).
What I don't love is spending tons of money - unnecessarily - to see the world.
The amount of money spent per experience is inversely proportional to the number of experiences one can experience.
In other words, the more you spend, the less you get to do.
Here are a few tips to slash your vacation costs so you can vacation more or even budget in a few while staying true to you debt freedom goal.
How to Pay off Your House in 4 Years
- Created on 13 July 2015
Recently, I provided recommendations to a very nice couple looking for help crafting a debt free plan. Their situation was fairly typical. With a solid income and focus, they are well on their way.
I commonly enter a financial profile into a debt payoff calendar to estimate a debt free date. This date helps you visualize the process of finishing your debt free journey. It also helps people create S.M.A.R.T. goals when crafting a plan to dump debt.
How to Make Your Money Behave and Win
- Created on 10 July 2015
"When I have cash on me, I spend it faster."
Have you ever said that before? I used to say that for years, until I changed my way of thinking and the way I handled cash. I was not going to allow cash to run me or my bank account. I was determined to tell cash what to do instead of it going where it wanted to go.
Prior to using the envelope system, I wouldn't be caught with any cash on me and I would just stop by the ATM to get cash "if" I needed it. After the bills were paid, the money in the bank would be free game for whatever I wanted - WRONG. I even knew which ATMs would charge a fee and I would avoid those.
My Timeshare Weekend Gone Right
- Created on 08 July 2015
I spent the weekend doing something I would not ever advise anyone do.
I don't know why we do this. Everyone has their quirk. I guess this is ours.
We agreed to attend a timeshare presentation - again.
If you're tired of me railing against timeshares and want to jump straight to the tips for doing the timeshare thing right - feel free. Otherwise, I did have a rather interesting experience that doubled as "updated research" for why timeshares are a mostly bad idea.