Are you self-sufficient? Do you consider yourself handy or mechanically inclined? Are you able to fix things when they break? Being more self-sufficient can save you money and give you greater pride of ownership and sense of accomplishment. Becoming Independent If you own a car and a home, then inevitably something is going to go […]
Keep Saving
August 2023 by Leave a Comment
For the time being I’m going to keep saving. I’ve been building cash aggressively the past year or so, and I’m now in a position where I can comfortably save around $1500 per month. Where do I stop? I have a few thoughts on that. Planned Expenses We are planning on having an addition built […]
What Would You do With an Increase in Cash Flow?
July 2023 by Leave a Comment
What would you do with an increase in cash flow? I recently wrote an article about receiving a promotion and the increased pay that came with it. It’s been a couple of weeks, and I’ve received my first paycheck at my new pay rate. It is as expected, and I am following my budgeting strategy […]
Fall Financial Update
November 2022 by Leave a Comment
Here is a fall financial update. It’s hard to believe that it’s almost Thanksgiving, but the weather has turned colder, the days are short, and the Holidays are upon us. Now is a good time to review personal finances and start to think about goals for the coming year. Personal Finances My income has increased […]
Financial Check In for July 2022
July 2022 by Leave a Comment
Here is a quick financial check in for July 2022. It’s hard to believe that the year is more than half over already. I’ve had a busy year with projects and work. My income has increased substantially, and so has my savings rate. Here is an update. Debt My only debt continues to be my […]
How Long Would it Take to Save $1000?
February 2022 by Leave a Comment
How long would it take to save $1000? If you need to raise some cash, how fast could you do it? How would you do it? Here are a few ideas. The Strategy The inspiration for this article came from a post on the Saving Advice Forums. You can see the original post here. The […]
Where to Put a Million Dollars
September 2019 by Leave a Comment
The Bare Naked Ladies sang an entire song about what they would do if they had a million dollars. But, what would, or could you really do? So, if you are in the 7-figure club, where can you put your wealth to ensure that it stays safe, continues to grow, provide income, and won’t disappear […]
Avoid Renter Rip-Offs: How To Save When Renting
September 2019 by Leave a Comment
While buying a house might seem like the most expensive living option out there, renting can add up in costs fairly quickly too. Many people even go into debt trying to keep up with rental payments; nearly 80% of Americans are struggling with debt. If you find yourself struggling to keep up with rental costs […]
Finance 101
April 2019 by 1 Comment
A Beginners Guide to Finances If you are just starting out in your journey of financial education and wealth building, or if you have some debt and want to pay it off and start building wealth, then this primer is a good place to start. I’m going to run through some budgeting and wealth building […]
Is Savings the Way to Grow Your Wealth? You Would Be Surprised
May 2017 by Leave a Comment
Most personal finance blogs will tell you that savings is the most important factor in becoming wealthy, which is true right, if you don’t save; you simply cannot increase your net worth, which is a lose/lose situation. However, is savings the answer to abundant wealth? Lets take a look at what saving over a lifetime […]
