Budgets
How I Teach My Kids About Money and Life By Using Bricks
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Turning Around Your Financial Life (Part 2 of the story)
Yesterday’s post, Bad Debt Leads to a Bad Job and a Rough Life, hit home with quite a few people. Today, the saga continues, but in a different direction…
“Pregnant? You mean–with a baby?” Chris felt lightheaded and like his legs were made of rubber. Still, he gathered himself enough to hug Lisa and pretend that [...]
No Wonder He’s On The Hundred Dollar Bill
How would you describe a person who was an author, businessman, printer, entrepreneur, politician, scientist, inventor, statesman, diplomat, and a literal walking encyclopedia? His wisdom held together a fragile disparate group, contemplating a revolt against the most powerful nation on the face of the earth at the time. He led a colorful life and left [...]
7 Solid Tips For Living Debt Free
Editor’s Note: This post was included in the Carnival of Personal Finance at Lazy Man and Money. Be sure and check out the carnival!
One of the comments from yesterday’s post asked for more specific tips for staying debt free.
I’d be interested in you posting a follow up to this story once you get some tips.
My [...]
The Beginner’s Guide to Living Debt Free
D-day is fast approaching. Debt Day. The way I calculate it, I could very easily be debt free within 12 months, sooner if I drained my 6 month emergency fund, cashed in some brokerage accounts, cut out vacations, and took the kids out of private school. I’ll pass on those and just settle for a [...]
6 Simple Financial Tools
In physics, there are 6 simple machines that help accomplish work through the application of a single force. I was struck by how different financial tools nest quite nicely with the same line of thought. Here are the 6 simple machines and how they apply to our finances:
The inclined plane is a flat surface with [...]
5 Ways I Plan To Survive The Recession
This article was included in The Festival of Frugality #118 over at My Dollar Plan. Thanks Madison!
Recession talk is all around us and the recession is on virtually every news cast. Paul Harvey even says we are in a recession because 9 out of 10 CFO’s believe we are. Whether we are in one or [...]
10 Mistakes I Made As A First Time Home Buyer
Becoming a first time home buyer is a thrill for almost everyone. It was for me and my wife when we were first time home buyers. Our first home was the largest purchase I had ever made and was probably one of the most personal purchases I ever made as well. People get wrapped up [...]
A Budget Controls Your Money Like A Dam Controls A River
There’s a reason it’s called your cash “flow” or your income “stream.” Money is like water and your income is like a river. They both flow. Some rivers are bigger than others. Some are little streams, while some are huge, with millions of gallons flowing daily. Rivers generally follow the path of least resistance and this reflects most people’s financial lives. They wander around with no particular place to go but to the shallow sea of disappointment.
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