Don't Break the Chain to Get Out Of Debt
- Created on 31 July 2015
Recently, I sat in on an unexpectedly excellent seminar on productivity. We all want to squeeze more action out of the finite amount of time we have each day. Well...I do anyway.
So the gentlemen (whose name escapes me) shared an interesting tip he picked up from a guy who knew a guy who asked Jerry Seinfeld a critical question. Yep, Jerry Seinfeld from the cult classic, 90's favorite TV show.
This guy, who knew a guy asked the comedian how to write better jokes. Seinfeld's response - "Don't break the chain."
Let me explain.
Is Home Ownership Still Worth the Hassle?
- Created on 29 July 2015
I've run across a few trends on home ownership lately.
Home ownership is at the lowest levels for the 18-35 crowd in the last 40 years.
The midlifers (35-50) were likely most impacted by the housing bubble and have cooled the most on the idea of mortgage mania.
Overall, every demographic category is down and rents are on the rise. Yay for landlords.
Is this a bad thing?
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.